Luno, the crypto company founded by two South Africans, now has 10 million customers in over 40 countries. Luno’s latest one million customers were onboarded in just six months. South Africa is one of Luno’s strongest and most active markets. Customer growth in South Africa is almost 40% year-on-year. Over 40% of the new customers
African Financial Technology Company, Kudi, changes name to Nomba as it transitions into an omni-channel payment platform providing tools to enable businesses grow. The company has expanded its range of services to provide easy-to-use business tools for all kinds of businesses to accept, process and manage payments online and offline. These tools will offer more
The digital transformation of business and society has found fertile ground with early promise for the super-app model, specifically in the Middle East and Africa, even as mobile digital platforms continue to offer proprietary and third-party functions under a single brand. The second in a two-part report series commissioned by Mastercard Eastern Europe, Middle East and Africa,
Merger creates the preeminent global research and advisory firm focused on the financial services and retail technology sectors RBR, the leading provider of strategic research and data on banking automation, cards, payments, and retail technology, and Aite-Novarica Group (ANG), an advisory firm providing mission-critical insights on technology, regulations, markets, and operations to banks, payments providers,
ATMIA has announced the results of its industry survey “Readiness for Universal Cash Deposits for ATMs 2022” which showed that an overwhelming majority of respondents support the adoption of Universal Cash Deposit at ATM networks. “With over 68.5% of the respondents saying they would support Universal Cash Deposits at ATMs,” said Mike Lee, CEO of
Carrick Wealth has received its investment license to operate in Zambia, a development which will bring positive benefits to the region. This marks the company’s fifth African country in its growing suite of offices, with presence already established in South Africa, Mauritius, Malawi and Zimbabwe, and shows that Carrick’s bold African expansion plans are taking
Under the MoU, PesaLink will leverage Mastercard’s technology, expertise, partnerships, and cyber intelligence solutions to enhance its digital payments capabilities Integrated Payment Services Limited (IPSL) that runs the PesaLink payments ecosystem has signed a Memorandum of Understanding (MoU) with Mastercard to create innovative, digital-first payment solutions designed to boost the adoption and usage of digital
Virtual awards ceremony names entrepreneurs and women-led businesses across 22 diverse categories and industry sectors Awards are aligned with Mastercard’s global commitment to connect 25 million women entrepreneurs to the digital economy by 2025, as part of its goal to build a more inclusive world Winners includes women entrepreneurs from across the region including the
The Central Bank of Kenya (CBK) welcomes the launch, of mobile money merchant interoperability by three mobile money providers (networks); Airtel Networks Kenya Limited, Safaricom PLC, and Telkom Kenya Limited. This is an important step in the evolution of Kenya’s payment services, as it allows customers of these mobile money providers to make payments to
FNB banking customers can now access instant emergency response services, anywhere, anytime via the FNB banking app. Powered by South Africa’s leading security and medical response marketplace, AURA, the convenient in-app panic button, GuardMe, is available to all FNB customers who register for the service. The cutting-edge solution allows FNB customers to immediately request rapid
