TaiFintech and Stanchion Collaborate to Enable Modern Issuer Solutions in Kenya

Posted on by kara | 6916 Views | 15 min read
TaiFintech

TaiFintech Kenya and Stanchion are pleased to announce a new reseller partnership, thereby supporting efforts to expand access to advanced Payment Fabric solutions across East Africa. This collaboration forms part of Stanchion’s wider strategy to help financial institutions modernise legacy systems and deliver innovative, secure customer experiences. This partnership underscores Stanchion’s broader strategy to support

EFT Corporation Enables Kenya’s SACCO Sector to Advance Digital Access

Posted on by kara | 11536 Views | 16 min read
EFT

EFT Corporation, a leading African payment solutions provider with over 100 million end users and more than $33 billion in annual transaction volume, has announced a landmark partnership with some of Kenya’s most prominent SACCOs to co-create a shared digital payments platform. The announcement was made during the EFT Connect: Kenya event, held in Nairobi

Innbucks, with 3 Million Subscribers, Adopts New Tech Platform To Become A “Digital Bank”

Posted on by kara | 24872 Views | 12 min read
Innbucks

Innbucks is migrating its mobile platform to a new technology provider called Mambu. According to a press release, the move is “part of its transformation from a digital wallet solution to a fully integrated digital bank.” With an estimated 3 million subscribers, Innbucks has quickly become one of Zimbabwe’s largest digital wallets, the largest being

Cross Switch and Pesawise Partner to Launch Scalable Payment Solutions in Kenya

Posted on by kara | 16686 Views | 16 min read

Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment

Kenya’s Payments Evolution: What Banks and Fintechs Can Learn From M-Pesa and Mobile Operators

Posted on by kara | 12784 Views | 56 min read
Kenya

Author: Norman Frankel, Chief Growth Officer, Stanchion Payments Solutions. Originally published here. I had the pleasure of growing up in Kenya in the 1970s, so every time I return, it always feels special. Of course, the city of Nairobi has changed a lot, and when I send photos back to the office, some in the

Peach Payments Acquires West-African Payments Gateway PayDunya

Posted on by kara | 13314 Views | 19 min read
Peach Payments

Peach Payments, a digital payments gateway,  has agreed to acquire West-African payment platform PayDunya. In the process, it will enter mainland Francophone Africa for the first time, following its expansion to Eswatini (2024), Mauritius (2021), and Kenya (2018). Peach Payments is an enterprise-grade payments gateway that enables online payments in Africa for businesses of all

Visa Backs Konnect and PayTic After Africa Fintech Accelerator

Posted on by kara | 10417 Views | 14 min read
Visa

Visa, a global leader in digital payments, has announced strategic investments and commercial partnerships with two fintechs following their 12-week engagement through the Visa Africa Fintech Accelerator program, which enables start-ups to scale through training, mentorship, and networking opportunities. Visa’s investments include Konnect, a fintech based in Tunisia which enables seamless, accessible, and instant payments

Navigating the Compounding Complexity of Digital Card Issuing – Stanchion

Posted on by kara | 40995 Views | 39 min read

By: Pierre Aurel, Chief Product Officer, Stanchion Payments Solution.  Originally published here. The number of virtual cards issued worldwide is growing at an unprecedented pace. According to Juniper Research, global virtual card issuance is expected to grow at over 30% annually between 2023 and 2028, driven by relentless consumer demand for seamless, secure and convenient

KCB Bank Unveils Kenya’s First Platinum Multi-Currency Card With Compass Plus Technologies

Posted on by kara | 20515 Views | 8 min read
KCB Bank

KCB Bank, the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card. This card will empower its customers with the flexibility and convenience to pay for goods and access funds across borders. The card allows users to load and

RealPay Drives Digitised Payments Across Africa with Expanded Partnerships

Posted on by kara | 21997 Views | 12 min read
RealPay

RealPay has strengthened its African footprint through expanded partnerships with leading financial institutions. These collaborations leverage innovative technology to promote financial inclusion and drive seamless payment processes across multiple countries. For more information about RealPay, click here. Founded in 2003, RealPay has pioneered time-sensitive payment solutions throughout the continent, helping businesses of all sizes—from small