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

Posted on by Staff Reporter | 13852 Views | 10 min read

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

Posted on by Staff Reporter | 44582 Views | 14 min read

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

Equity Group Returns to Growth

Posted on by Staff Reporter | 33510 Views | 29 min read

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

New Digital Collections Platform to Spur Growth for Kenyan Businesses

Posted on by Staff Reporter | 15567 Views | 13 min read

UBA Kenya and Cellulant Kenya launch payments gateway to accelerate adoption of cashless payments The volume of global cashless transactions is set to grow by more than 80% between 2020 and 2025 according to the Payments 2025 & Beyond Report by PWC. In recent years, individuals and businesses alike have adopted digital payments reshaping the

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

Posted on by Staff Reporter | 17720 Views | 12 min read

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

Posted on by Staff Reporter | 40227 Views | 13 min read

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

Mastercard and PesaLink sign MoU to Drive Digital Transformation of the Payments Sector in Kenya

Posted on by Staff Reporter | 14827 Views | 13 min read

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

Winners of Inaugural Mastercard Women SME Leaders Awards 2022 announced

Posted on by Staff Reporter | 17711 Views | 21 min read

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 Welcomes the Launch of Mobile Money Merchant Interoperability

Posted on by Staff Reporter | 15640 Views | 6 min read

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

Visa Opens First Innovation Studio in Africa to Advance Future Payment Solutions

Posted on by Staff Reporter | 10096 Views | 11 min read

New Innovation Studio in Nairobi is the first in Sub-Saharan Africa and will provide Visa partners with cutting-edge capabilities to co-create future commerce solutions Visa (Visa Inc), the world leader in digital payments, has opened a new Innovation Studio in Nairobi, its first dedicated innovation site in Sub-Saharan Africa (SSA). This facility will serve the