Mukuru Expands Services and Unlocks Value for Africans with New Campaign

The campaign recognises Africa’s rising global stature in both fintech and sport Mukuru (www.Mukuru.com), a leading next generation financial services platform in Southern Africa, launched a new campaign following the announcement of a series of sponsorships, including English Premier League side Crystal Palace and Springbok legend Tendai “The Beast” Mtawarira. The ad campaign features Crystal

United Bank for Africa (UBA) Group Expands to EMEA, Launches Banking Operations in Dubai International Financial Centre, Dubai

The UBA branch in the DIFC will service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services The United Bank for Africa (UBA) (www.UBAGroup.com), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20

Digital Payments on the Cusp of Igniting the Kasi Economy

The majority of the country’s urban population resides in townships according to the World Bank. With an 18 percent contribution to South Africa’s GDP, the informal sector is one of the most important parts of the entire economy, both as a means of employment and how millions of people obtain goods and services. Amid this

COVID-19 Boosts E-commerce Card Spending Worldwide by $2 trillion

Online spending will continue to show strong growth over the coming years as pandemic restrictions have accelerated a shift in consumer habit Lockdowns and temporary store closures led to e-commerce boom RBR’s Global Payment Cards Data and Forecasts to 2026 study shows that a record $7.7 trillion was spent online using payment cards in 2020.

Stanchion Appoints New Non-Executive Director

Sandy Baker brings a wealth of experience in financial services, fintech, biotech and impact investing in emerging markets Stanchion Payment Solutions, a leading provider of global payment application solutions and services, is pleased to announce the appointment of Sandy Baker as an independent non-executive director of the company. Sandy brings significant gravitas to the board

Fintechs are set to Transform Cross-border Payments in Africa

For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion and growth in a globalised economy, cost and efficiency challenges remain, particularly in Africa. Mark Dankworth, President Business Development Africa at leading pan-African fintech enablement partner, Ukheshe Technologies says fintechs are at the forefront of

KongaPay at House of Lords, London, signs historic partnership with Bibimoney

KongaPay, a frontline mobile money platform and a member of the Konga Group, Nigeria’s leading composite e-commerce giant, has signed a landmark deal with Bibimoney, a UK-based industry leader to expand access to financial inclusion for many in Nigeria, while also raising standards in the Fintech ecosystem in Nigeria and beyond. The iconic partnership was

A World of Potential for SA Merchants Using Android POS Terminals

African Resonance, a leading provider of payment infrastructure that specialises in providing an entire value chain solution for terminal and merchant estate management, says Android-based payment terminals provide significant revenue-generating opportunities for South African merchants regardless of size. By enhancing these point-of-sale (PoS) terminals with value-added business applications, merchants can generate incremental revenue and ultimately

South Africa’s Forthcoming Rapid Payments Programme (RPP) is Good News for Merchants and Consumers

The highly anticipated modernisation of the country’s inter-banking payment system will not only boost financial inclusion but make it much easier, and cheaper, for consumers to pay both merchants and fellow consumers whilst boosting e-commerce sales says Andrew Springate, CEO of tech and financial gateway service provider PAYM8. South Africa’s Rapid Payments Programme (RPP) is

Fitch Rates Bank One ‘BB-‘ with a Stable Outlook

The rating provides both investors and customers with an independent and verified view of Bank One’s credit standing Bank One (www.BankOne.mu) is pleased to announce that it has received a Long-Term Issuer Default Rating (IDR) of ‘BB-‘ with a Stable Outlook from Fitch Ratings for its first rating exercise. The rating was made public by