I&M Bank Limited Launches Enhanced Offerings for its Corporate, MSME and Retail Customers

The new value propositions are expected to simplify banking through solutions that are tailor-made to customers dynamic needs I&M Bank Limited has launched an enhanced set of customer solutions under its iMara 2.0 strategy as part of the Bank’s continued efforts to meet its Corporate, MSME and retail customers’ financial needs. The new value propositions

Fintech Startup Grey Partners with Payments Company Cellulant for East Africa Expansion

Grey, a Y-combinator backed fintech startup, offers a unique international money transfer service that enables its users to send and receive international payments without restrictions quickly Grey has announced the launch of its service to East Africa starting with Kenya in partnership with Cellulant (www.Cellulant.io). Its products, including foreign bank accounts, instant currency exchange, and

Mastercard and OPay Announce Strategic Partnership to Grow Cashless Ecosystem and Advance Digital Financial Inclusion for Millions

Partnership will enable OPay customers to pay on global online platforms backed by Mastercard’s secure Mastercard virtual payment solution linked to the OPay wallet OPay consumers will enjoy a superior digital experience for multiple lifestyle services and new digital commerce opportunities for, with or without a bank account In addition to digital commerce enablement, the

Cellulant Recognised for Excellence in Delivering Embedded Fintech Solutions Across Africa

Pan-African payments company awarded for its role in driving financial inclusion at the Annual Excellence in Fintech awards in Washington DC Cellulant (www.Cellulant.io), Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech Summit in Washington, D.C., alongside the Spring Meetings of the IMF and

Equity Group Returns to Growth

As the global economy continues to recover from the COVID-19 pandemic crisis, Equity Group has eased its defensive strategy that had been deployed during the economic uncertainty and returned to its growth strategy. The defensive strategy involved internally generated cash being retained, while forgoing dividend payouts for two consecutive years to build capital buffers. This

Sasai Fintech’s Digital Wallet Secures GSMA Compliance, Increasing Digital Mobile Wallet Offering to its Customers

Securing this compliance helped Sasai, the leading diversified and integrated African fintech company, standardise its integration process Sasai Fintech, a business of Cassava Technologies, Africa’s first integrated technology company of continental scale, has been awarded the compliance approval for merchant payments and bulk disbursements on GSMA digital wallet’s Mobile Money API (Application Programming Interface). According

Mama Money Accelerates Global Expansion and Appoints New CEO

Cape Town-based fintech Mama Money is growing fast as it expands globally. This year, its cross-border money transfer volumes have more than doubled compared to the previous quarter with the company aiming to double its market share by developing new services as it enters new regions. From 2018 to 2021, the company’s volume increased by

Kenya Bankers Association: Bankers, Payments Firms and Retailers in Drive to Reduce Consumer Exposure to Fraudsters

Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile and online safety awareness campaign, players in the financial, payments and retail sectors highlighted the importance of continuing to empower the public with information on fraud prevention. In his remarks, Kenya Bankers

Cellulant has Partnered with NALA to Power Low-Cost Cross-Border Payments from the UK and USA into Africa

NALA provides an app for Africans living in the United Kingdom and the United States to send money to the continent seamlessly. NALA, a Tanzania based Fintech company, has teamed up with Cellulant (www.Cellulant.io), a Pan-African Payments Company, to power remittance payments from the United Kingdom and United States into Kenya, Uganda, Rwanda, Tanzania and

Ukheshe Technologies Leading the race to Perfect Chat Commerce

Chat commerce is undoubtedly the way of the future, according to Pieter de Wet, President Business Development: International Markets at leading pan-African fintech enablement partner Ukheshe Technologies. “Ukheshe’s own Eclipse Chat Commerce solution offers everything a business needs – not only now, but also as an organisation grows.” Consumers are making a rapidly increasing portion