MFS Africa Now Reaches Over 320 Million Mobile Money Wallets, Covering 60% of All Mobile Wallets in Sub-Saharan Africa

Pan-African fintech provides unprecedented reach on the African continent Pan-African fintech leader MFS Africa has announced that it now reaches over 320 million mobile money wallets, enabling a range of banks, telcos, money transfer operators, and other financial institutions interoperability at scale in Africa through a single integration point. Based on the 2021 State of

Ecobank Wins Bank of the Year and Best Bank in Prestigious London Awards Ceremonies

The judging panels were impressed by Ecobank’s sound management, business model and strategic initiatives as well as its pioneering technology Ecobank (www.Ecobank.com) wins “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards in London. Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards on 28th November.

MTN Launches Mobile Money API Hackathon

In pursuit of its goal to contribute to bridging the financial divide, MTN Group has granted third parties access to its Mobile Money (MoMo) Access Programming Interface (API) platform. The open API enables developers and programmers to innovate on the platform and develop products and other solutions that will create a wider range of digital

Rocket Remit Launches Mobile Money Transfer to Cameroon, The DRC and Mozambique

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced its Australian mobile remittance service Rocket Remit has launched money transfer services from Australia to three new African countries: Cameroon, The DRC and Mozambique. Rocket Remit specialises in international money transfer via mobile money offering the world’s fastest and simplest method for sending

Collaboration Forms to Enable Real-Time Cross Border Money Transfers to CEMAC Region

GIMAC, the regional electronic money transfer platform of Central Africa and TerraPay, the world’s first mobile payments switch have signed a strategic partnership agreement that will strengthen the remittances ecosystem in CEMAC region. The partnership will enable instant cross border money transfer to bank accounts and mobile wallets in the CEMAC zone, comprising of Cameroon,

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

United Bank for Africa (UBA) announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens – instantly. In line with its strategic vision, UBA is introducing innovative payment

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

United Bank for Africa (UBA) announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens – instantly. In line with its strategic vision, UBA is introducing innovative payment

WorldRemit Introduces Overseas Transfers to MTN Mobile Money in Cameroon

WorldRemit launches instant overseas remittances to MTN Mobile Money accounts in Cameroon. With the WorldRemit app or website, the Cameroon diaspora can send secure money transfers direct to the phones of their friends and relatives in Cameroon – meaning no more long journeys to money transfer agents. WorldRemit sends more money transfers to Mobile Money accounts

Orange and Ecobank Launch Money Transfer Service in Africa

Orange and pan-African banking group Ecobank have rolled out a service that will enable Orange Money subscribers who also have bank accounts with Ecobank to transfer money between their respective accounts. The service has already been launched in Mali and will be rolled-out in several other African countries, including Cameroon, Côte d’Ivoire, Guinea Conakry, Niger,

UBA Subsidiaries Emerge as ‘World’s Best Emerging Markets’ Banks in Africa

Three subsidiaries of the pan African banking group, the United Bank for Africa (UBA) Plc, have emerged as World’s Best Emerging Market Banks in Burkina Faso, Cameroon and Senegal respectively. Specifically, UBA Burkina Faso, UBA Cameroun and UBA Senegal were considered the best in their various countries of operations by Global Finance magazine in an