Cross Switch, a payment technology company powering digital transactions across emerging markets, today announced the promotion of Jacob Yermalitski to Chief Technology Officer (CTO). A co-founder of the company, Jacob has helped shape Cross Switch’s technology strategy since its onset, most recently serving as Director of Engineering. Jacob assumes the CTO role from Mike Kenrich,
Transaction Junction’s Complimentary DCC Platform Removes Currency Friction and Drives Conversions for In-Person and Online Stores. South African retailers are riding a wave of unprecedented tourism growth. In 2025, the country welcomed a record 10.5 million international visitors—a significant 17.6% increase from 2024 and surpassing pre-pandemic levels (Stats SA and Department of Tourism). Projections from
Traderoot has formed a strategic partnership with Halo Dot, who provides certified, secure and modular SoftPOS software that enables merchants to accept contactless payments directly on mobile devices. Together, the companies aim to make secure, mobile-first SoftPOS payments more widely available. Android smartphones become secure payment terminals The partnership integrates Halo Dot’s PCI MPoC-certified SDK
Cross Switch, a leading provider of innovative payment solutions, today announced its partnership with NjiaPay, a payment performance partner that unifies payment infrastructure and improves reliability for emerging businesses in Africa. Working together, Cross Switch and NijaPay now give businesses easier access to both local and international payment capabilities while simplifying how they manage payments.
Visa, a global leader in digital payments, has announced the creation of a new sub-region comprising Egypt, Libya, and Sudan as part of its strategic growth plans across North Africa. The move reflects the company’s continued commitment to supporting national government priorities around digital transformation, while deepening engagement with financial institutions, fintech innovators, and merchant
Conduit, a leading cross-border payments platform powered by stablecoins, has announced a strategic partnership with Onafriq at the Africa Fintech Summit. Onafriq is Africa’s largest digital payments network of networks, connecting more than one billion mobile money wallets and 500 million bank accounts across over 40 African countries. The partnership marks a significant milestone for
GoCab, founded in 2024, was created to address a fundamental challenge across Africa: limited access to ethical financing and vehicle ownership for gig-economy workers. By combining mobility, technology, and inclusive finance, the company enables drivers and delivery couriers to generate stable income while progressively gaining ownership of their vehicles. By 2025, GoCab had taken a
Flutterwave, Africa’s leading payments technology company, is launching stablecoin balances for its merchants and users across all its offerings. The move marks a significant step in Flutterwave’s broader vision to make stablecoins a foundational pillar of Africa’s financial ecosystem, supporting faster, more affordable, and globally connected payments. The launch is being enabled through Flutterwave’s collaboration
RedotPay, a global stablecoin-based payment fintech, today announced a strategic partnership with Ripple, the financial technology company known for delivering crypto-enabled business solutions. Through this collaboration, the company will extend its stablecoin payment capabilities and introduce new, faster cross-border payout options powered by Ripple’s enterprise-grade payments infrastructure. As part of this expansion, they are launching
Xsolla, a global video game commerce company that supports developers in launching, growing, and monetising their games, has announced the expansion of its payments solution in Nigeria through the addition of Paga, one of the country’s largest mobile-money operators. This integration marks a significant milestone in Xsolla’s ongoing mission to empower game developers with localised
