OpenWay Recognized as Best-in-Class in Datos Insights’ 2025 Matrix for Merchant Acquiring Platforms

Posted on by kara | 5943 Views | 11 min read

OpenWay, a global leader in payments software and developer of the Way4 digital payment software platform, has been recognized as a Best-in-Class vendor in the 2025 Merchant Acquiring Software Platforms Matrix by Datos Insights. The ranking places OpenWay in the Market Leaders quadrant, based on the strength of its solution capabilities, high customer satisfaction, innovation

Equity Bank Named Best Regional Bank in East Africa

Posted on by kara | 5601 Views | 17 min read
Equity

Equity Bank has been awarded Best Regional Bank in East Africa at the prestigious 2025 African Banker Awards, hosted in Abidjan, Côte d’Ivoire. This accolade recognises the bank’s outstanding contribution to expanding access to financial services, empowering communities, and driving sustainable economic growth across East Africa. The annual African Banker Awards, now in their 19th

Paymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa

Posted on by kara | 5264 Views | 19 min read
Paymentology

Building on its strong presence in South Africa, Paymentology’s new plug-and-play solution, PayoCard, enables digital banks and fintechs to launch secure, self-service card experiences faster – supporting underserved customers and expanding access to digital payments Paymentology, the leading global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs

MDP Boosts MEA Growth With BPC’s SmartVista Platform

Posted on by kara | 4202 Views | 18 min read
SmartVista

MDP and BPC SmartVista collaboration continues to strengthen the company’s position as a payments leader across the Middle East and Africa. MDP, a long-standing leader in Africa’s card issuing and payment processing landscape, has significantly expanded its footprint across the Middle East and Africa (MEA) through its strategic partnership with global payments technology provider, BPC.

Wave Secures $137M Debt Round to Expand Mobile Money Services

Posted on by kara | 3064 Views | 4 min read
Wave

Wave, a Senegal-based mobile money provider and one of Africa’s highest-valued startups, has secured US$137 million in debt financing to expand its mobile money operations and strengthen working capital across both existing and new markets. The round was led by Rand Merchant Bank (RMB), with participation from development finance institutions including British International Investment (BII),

Rizwan Shaikh Appointed Head of Services for Citi in the Middle East & Africa

Posted on by kara | 1776 Views | 4 min read
Rizwan

Rizwan joins Services from Banking and has been with the firm for 27 years, working across Capital Markets and Corporate and Investment Banking. He most recently served as Head of Corporate Banking for MEA and has a history of securing landmark deals and driving strong revenues and returns for the business. He understands how to

Why Financial Infrastructure Needs to Be Rebuilt – From the Inside Out

Posted on by kara | 2323 Views | 11 min read
Financial

Omnea CEO Deon Tromp shares why real financial transformation starts with architecture, not apps – and why it’s time to move beyond legacy systems and siloed solutions. South Africa’s financial services sector is under pressure to modernise – yet few businesses are solving the right problems. While digital banking apps and fintech interfaces have advanced

I&M Bank Partners with ThetaRay to Launch AI Compliance Platform in East Africa

Posted on by kara | 1480 Views | 18 min read
I&M Bank

I&M Bank, a key subsidiary of I&M Group PLC and one of East Africa’s leading regional financial institutions, has announced a strategic partnership with global AI compliance leader ThetaRay. This collaboration will see the rollout of ThetaRay’s advanced Cognitive AI-powered Anti-Money Laundering (AML) platform across the Group’s banking operations in Kenya, Tanzania, Rwanda, Uganda, and

Lesaka Technologies Acquires Bank Zero for R1.09 billion, Boosting its Fintech Capabilities

Posted on by kara | 2486 Views | 16 min read
Lesaka

Lesaka Technologies saw its share price surge by 17.1% on Friday morning following the announcement of a binding agreement to acquire 100% of South Africa’s digital lender, Bank Zero Mutual Bank, in a transaction valued at over R1.091 billion. Under the terms, the acquisition will be settled through a combination of newly issued shares—resulting in

Bank One Extends a Facility to the ESATF Trade Fund to Support Regional Trade Finance in Africa

Posted on by kara | 1655 Views | 9 min read
Bank One

Bank One has extended a USD 5 million facility to ESATF, an African trade fund managed by the ESATAL fund management company, a TDB Group subsidiary, to support trade finance on the continent. The facility is designed to support the Fund’s growing loan book. The financing will be deployed to meet the rising demand for