SQRIL launches stablecoin-to-fiat QR payments and mobile money in Tanzania, Kenya, and South Africa

Posted on by kara | 778 Views | 7 min read
SQRIL

SQRIL, the leading cross-border QR code payment infrastructure for emerging markets, today announced its official expansion into Africa. Starting today, SQRIL’s API enables users to perform seamless stablecoin-to-fiat QR code transactions across Tanzania, Kenya, and South Africa, marking a major leap in financial interoperability for the continent. Building on its dominant presence in Southeast Asia and

Cross Switch Appoints Gillian Koinange as Head of Business Development, East Africa

Posted on by kara | 862 Views | 8 min read
Cross Sw

Cross Switch has announced the appointment of Gillian Koinange as Head of Business Development, East Africa. This exciting appointment reinforces the company’s commitment to accelerating growth and deepening its presence across the region. Gillian brings over two decades of experience driving revenue growth and building strategic partnerships across Africa, with a strong focus on the

Nedbank and Mastercard Sign 10-Year Deal to Transform Digital Payments in Southern Africa

Posted on by kara | 2326 Views | 9 min read
Nedban

Nedbank and Mastercard announced a landmark 10-year commercial agreement that expands their long-standing collaboration across Southern African. The agreement spans South Africa, Zimbabwe, Namibia, Eswatini, Lesotho and Mozambique, and will bring enhanced digital payment experiences to customers and businesses across the region. Under the agreement, the bank will leverage Mastercard’s global technology expertise and payments

Mambu Celebrates 15 Years of Powering Next Gen Banking

Posted on by kara | 3172 Views | 9 min read
Mamb

Mambu, the leading SaaS cloud banking platform, celebrates its 15th anniversary, celebrating a decade and a half of helping financial institutions launch and scale modern banking services around the world. Founded in 2010 by three university students, Mambu began with a simple idea. After a field trip to Mozambique exposed the limits of traditional banking

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

Posted on by kara | 4711 Views | 7 min read
Pesalink

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This

Emirates Expands Payment Flexibility in Kenya Through Cellulant’s Split-Payment Solution

Posted on by kara | 5688 Views | 12 min read
Emirates

Emirates, the world’s largest international airline, has introduced a first-of-its-kind split-payment solution for travellers in Kenya, through a longstanding strategic partnership with Cellulant, Africa’s leading payments technology company. The split-payment capability, enabled by Tingg, Cellulant’s payment gateway, has debuted in Kenya and is expected to roll out to other African markets in the coming months.

Kenya’s Digital Payments Evolution and Mobile-Led Transformation Are Showing the Way

Posted on by kara | 8679 Views | 26 min read
Keny

In an earlier article, “Kenya’s Payments Evolution: What Banks and Fintechs Can Learn from M‑Pesa and Mobile Operators,” we explored how Kenya, often referred to as the “Silicon Savannah,” was emerging as a global leader in mobile-money innovation and digital financial inclusion. One of the key takeaways was that banks had an awful lot of

Ethiopia Central Bank Moves to Align Import Pricing With Customs Benchmarks

Posted on by kara | 5974 Views | 16 min read
Eth

Ethiopia’s National Bank of Ethiopia (NBE) has announced a new regulatory measure requiring commercial banks to apply indicative prices set by the Ethiopian Customs Commission when processing foreign exchange transactions related to selected imported goods. According to a statement issued by the central bank, the move is aimed at improving consistency, transparency, and data integrity

Stripe-Owned Nigerian Fintech, PayStack, Launches Holding Company, The Stack Group, as it Celebrates 10-Year Anniversary

Posted on by kara | 12576 Views | 15 min read
PAYS

Paystack, the payments company building technology for ambitious businesses across Africa, has announced the launch of The Stack Group (TSG), a new parent holding company that will bring together Paystack and a growing family of tech-focused brands under a single corporate umbrella. TSG has been established to aggregate and support a set of complementary businesses

KCB Group Plc Signs Agreement on Proposed Investment in Pesapal Limited

Posted on by kara | 9111 Views | 16 min read
KCB

KCB Group Plc today announced that it has entered into a definitive agreement to invest in Pesapal Limited (Pesapal), marking a significant milestone for the financial and digital payments landscape across Africa. The proposed investment is expected to accelerate commerce, expand financial inclusion, and help unlock new pathways to prosperity for businesses of all sizes