Mukuru, the Pan-African fintech trusted by more than 17 million customers, today launched the Mukuru Account & Card in South Africa. The product is offered in partnership with Bank Zero, the licensed sponsor bank, and is enabled by Paymentology and Mastercard. The new proposition builds on Mukuru’s established remittance and card foundation, giving customers access to
AFRICLOUD, a cloud infrastructure company, has opened its third African region in Lagos and now accepts payment in local currency across West, Central, East and Southern Africa. Businesses across the continent can run servers in Nigeria, South Africa or Portugal from one account, and pay for them the way they already pay for everything else. Buying
Luno, a leading regulated digital asset platform operating across multiple emerging markets, has acquired GTXN, a cross-border payments company and fund manager in Kenya, and named Dan Kleinbaum as its chief executive officer. GTXN gives Luno the licensed rails to collect and pay out money across the corridors that link developed and emerging markets, offered
International Trade Centre (ITC) and The Access Africa Office, the coordinating office for the African subsidiaries of Access Bank Plc one of Africa’s leading pan-African financial institutions, establish a new partnership to boost access to finance for small and medium-sized enterprises, and increase access to markets and skills training, in 14 African countries. The programme
Ericsson and MTN Group Fintech have completed the Mobile Money (MoMo) Evolved Migration across key African markets, including Eswatini, Ghana, Rwanda and Uganda. Building on these deployments, Ericsson and MTN Group Fintech are advancing similar evolution initiatives in additional markets, starting with an ongoing project in Cameroon as well as active discussions to bring Benin,
UnionPay International and Pesapal have announced a strategic partnership to expand UnionPay card acceptance across Pesapal’s Point-of-Sale (POS) merchant network. Launching initially in Tanzania followed by Rwanda, this collaboration significantly enhances payment convenience for international travellers while unlocking new commercial opportunities for local businesses. As the lead market for the rollout, Tanzania will see immediate
Abay Bank, in partnership with Visa Inc., a global leader in digital payments, has officially introduced the Abay Classic International Pre-Paid Visa Card, a service designed to empower customers, to make secure global payments without the need to carry cash. The vibrant launch ceremony, held at Abay Bank Headquarters in Addis Ababa, was graced by
Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand
IFC has committed its first transactions in Africa under the Catalytic First Loss Guarantee (CFLG) Program, unlocking a new pathway to finance for Kenya’s entrepreneurs. Through partnerships with 4G Capital, Equity Bank Kenya, and KCB Bank Kenya Limited, the initiative is expected to catalyze approximately $144.4 million equivalent in local currency lending to microenterprises, women-owned
UnionPay International has actively participated in the premier 7th Africa Fintech Forum, held at the Villa Rosa Kempinski Hotel in Nairobi, Kenya. The strategic move signals a major milestone in solidifying its brand equity and expanding its footprint within the pan-African fintech ecosystem, while simultaneously accelerating digital payment innovation and scaling cross-border financial rails. As
