Six Fintech Companies from Africa Emerge as Finalists in the Ecobank Fintech Challenge 2022

Finalists will compete for the top price of $50,000 and admission to the ‘Ecobank Fintech Challenge Fellowship’ program The six finalists were chosen following extremely strong competition from over 700 fintechs from 59 countries; Grand Finale is to be held on 28 October at the Ecobank Group (http://www.Ecobank.com) Pan African Centre in Lomé, Togo; Finalists will

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

Colombia Real-Time Payment Platform Replicates Latin America Success in Africa

Established Colombian fintech firm Minka has announced that it plans to repeat the success of its Latin America-based real-time payments system across Africa, accelerating and easing the movement of money across the continent and improving financial inclusion. Minka is a seamless payment network that enables organisations to move money in real-time. It simplifies the movement

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

Ecobank’s Leadership in Treasury and Cash Management across Africa recognised at the Global Finance Awards

The Awards Ceremony is scheduled to take place during the annual Sibos conference in Amsterdam, Netherlands in October 2022 Ecobank (www.Ecobank.com), the leading Pan-African Banking Group, has won five prestigious awards at the Global Finance Treasury & Cash Management Awards 2022, including Africa’s Best Bank for Cash Management and Africa’s Best Provider of Short-Term Investments/Money

Visa brings Digital Payments and Exclusive Experiences to the TotalEnergies AFCON 2021 in Cameroon

Visa, the exclusive digital payment service provider of the TotalEnergies Africa Cup of Nations (AFCON) 2021, is marking this year’s competition in Cameroon by creating new one-of-a-kind experiences for cardholders and football fans and looking to further help expand access to the financial system in Africa. Visa is a global payments technology company that connects the world

Kenya, DRC Governments Announce a Trade Mission to DRC in Partnership with Equity Group to Boost Bilateral Trade

The Trade Mission includes a 15-day visit to DRC between 29th November and 13th December in Kinshasa, Lubumbashi, Goma, and Mbuji Mayi Investors from Kenya will meet and network with their counterparts in DRC in exploring opportunities that have the potential to Unlock Trade, Tourism and Investment opportunities in DRC and the Great Lakes Region

Mastercard Partners with Billetera to Offer Cutting-edge Digital Payment Solutions in Democratic Republic of Congo

Millions of unbanked and financially excluded residents in DRC to gain access to formal financial and digital services   Mastercard’s technology to enable development of diverse digital payment solutions   Partnership is aligned with DRC’s National Digital Plan (NDP)  Mastercard has partnered with Billetera – a digital payments technology company headquartered in Kenya – to

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