Equity Bank Completes the Acquisition of Certain Assets and Liabilities of Spire Bank

The transaction was completed on 31st January 2023 following receipt of regulatory approvals. Equity Bank Kenya will acquire approximately 20,000 deposit customers and 3,700 loan customers. Equity Bank (Kenya) Limited (EBKL), has completed the acquisition of certain assets and liabilities of Spire Bank Limited following receipt of regulatory approvals from the Cabinet Secretary Treasury and Planning

Ingenico and Splitit Partner to Bring White-Label, Buy Now, Pay Later (BNPL) to Physical Checkout with Just One Touch

Ingenico, a global leader in payments acceptance solutions and Splitit, the only white-label, card-based installment platform using existing consumer credit, today announced a global strategic partnership to bring one-touch, no-interest, buy now, pay later capability to the physical checkout experience using PPaaS, Ingenico’s innovative, cloud-based Payments-Platform-as-a-Service, and Splitit’s Installments-as-a-Service solution. According to Juniper Research’s white

Clickatell Launches Chat 2 Pay with FlySafair for WhatsApp Mobile Payments

FlySafair customers can now make faster, secure and more convenient payments to the airline via their mobile phones  Clickatell (www.Clickatell.com), the Chat Commerce and mobile messaging leader, today announced that they have gone live with its Chat 2 Pay feature with FlySafair (www.FlySafair.co.za), South Africa’s leading low-cost airline. FlySafair is the first airline in the

Traditional Banks Missing Opportunities to Compete with Newcomers

By Chris Wood, Regional Managing Director, Southern Africa and PALOPS at Network International. The combination of fintechs, retailers and telcos pivoting to find new lines of revenues, as well as the growing impact of open banking practices, should have made it clear to banks that they can’t adopt a business as usual approach. Payments in

GCB Bank Opens New Branch at UDS

GCB Bank PLC, Ghana’s largest Bank by branch network, has increased its branch network to 186 by opening a new branch at the Tamale campus of the University for Development Studies (UDS) in the Northern Region. Like many others established over the last few years, the new UDS branch emphasises GCB Bank’s commitment to bringing

DPO Pay was Awarded as the Fintech Discovery of the Year 2022 at the Ghana Fintech Awards

The award judged international fintech companies operating in the Ghanaian Fintech space on providing best-in-class infrastructure for the deployment of fintech solutions  Leading African digital payments company DPO Pay (www.DPOGroup.com) wins the Fintech Discovery of the year award in the 2022 Ghana Fintech awards. As an initiative of Arkel Limited – a Fintech research and

Mastercard and ZoodPay Join Forces to Launch First Virtual Installment Card Across EEMEA

ZoodPay will serve as Mastercard’s lending partner for consumers and SMEs across multiple geographies ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region.

CR2 Partners with M2P Fintech to Secure E-commerce Transactions with ACS

3D Secure is now available as part of CR2’s platform to prevent fraudulent transactions while delivering a positive customer experience CR2, a world leader in the digital banking and payments platform industry has partnered with M2P Fintech, a global leader in embedded financial infrastructure. This partnership provides banks with an innovative solution to secure e-commerce

Ecobank wins Best Place to Work in Africa 2022 Award

Best Places to Work certified organisations tend to outperform the market average in terms of driving consistent long-term business performance through high employee engagement  Ecobank Group (Ecobank.com), the leading pan-African bank, has won the highly coveted Best Place to Work in Africa 2022 Award from the Best Place to Work organisation. The Award honours organisations

Network International Announces On-Soil Payment Platform for Southern African Clients

Digital payments leader Network International reaffirms its commitment to South Africa with ZAR 500 million investment in deploying its processing capabilities locally; building on ZAR 3.5 billion acquisition in Payfast. Middle East and Africa, digital payment leader, Network International, has announced that its state of the art cloud-based, integrated payment suite for merchants, banks, fintechs