International Payments Addressing Platform Ipid Secures $3.3M in Seed Funding, Growing Industry Support and Senior Hire

iPiD secures US$3.3m seed funding from Rapyd Ventures, Jungle Ventures ,1982 Ventures, Resolution Ventures, Saison Capital, the XA Network, and investor Wing Vasiksiri More than 20 financial institutions around the world signal their interest to use iPiD’s technology Alain Raes, payments industry veteran and former SWIFT Chief Commercial Officer, joins iPiD management team Fintech start-up

Paysend Introduces 50 New Receiving Countries to its Global Payments Network

Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide. Notable additional countries supported by Paysend include: Antigua and

Visa, Bantu Collaborate to Foster Financial Inclusion in Africa, Other Economies

Visa, the world leader in digital payments, is collaborating with the Bantu Blockchain Foundation (Bantu), custodians of the Bantu Blockchain Network infrastructure, to connect its digital asset-linked Visa cards to the Bantu Network Token (XBN), a utility token developed by Bantu to facilitate fast and secure transactions on the Bantu blockchain. This integration is expected to directly

Equity BCDC Announces Leadership Team on Heels of Brand Transformation

• Mr. Nestor Ankiba announced as Chairman of Equity BCDC Board • Mr. Celestin Mukeba Muntuabu, Equity Bank Congo MD to take reins as Managing Director at newly merged financial entity • Mr. Jean Claude Tshipama, former MD of Canal+ DRC named Deputy MD Equity BCDC Barely 24 hours after a colourful event launching the

Equity Bank Congo and Banque Commerciale Du Congo (BCDC) Receive Regulatory Approval for Merger

The New Merged Bank, EQUITYBCDC is the Second Largest Bank in Democratic Republic of Congo with a Balance Sheet of USD 2.5Billion As part of an international bank with presence in 7 countries, Equity BCDC can immediately lend to a single customer up to USD 40M and can access up to USD 350 Million the

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

LCB Bank and Mastercard Work on the Republic of Congo’s Economy Transformation

LCB Bank, a subsidiary of BMCE Bank Of Africa Morocco Group, and Mastercard have announced their and partnership focused on digitising the Republic of Congo’s financial economy in support of the countries desire to financially empower its citizens. The partnership agreement will strengthen the payment landscape through the introduction of relevant solutions, thus encouraging the

LCB Bank and Mastercard Work on the Republic of Congo’s Economy Transformation

LCB Bank, a subsidiary of BMCE Bank Of Africa Morocco Group, and Mastercard have announced their and partnership focused on digitising the Republic of Congo’s financial economy in support of the countries desire to financially empower its citizens. The partnership agreement will strengthen the payment landscape through the introduction of relevant solutions, thus encouraging the

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,

Airtel Africa, BGFI Partner to Expand Money Transfer Service in Africa

Airtel Africa has entered into a partnership with BGFIBank, a financial services institution present in 10 countries, to expand mobile money access to the bank’s customers. The partnership will see Airtel Money become accessible to BGFIBank customers in Gabon, Republic of Congo, Democratic Republic of Congo and Madagascar. Through the agreement, Airtel Money customers that