Network International Appointed as Payment Processing Partner by MTN Group Fintech

Posted on by kara | 21892 Views | 7 min read
Network International

Network International, a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor and issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider. This partnership marks a significant extension of Network’s portfolio of issuer processing collaborations throughout the African continent. With a footprint

Stanchion Charts Ethiopia’s Digital Payments Growth Opportunities

Posted on by kara | 9611 Views | 18 min read
Stanchion

Originally published here. Stanchion Payment Solutions, a leading global PayTech solutions provider, identified significant opportunities for development and growth in Ethiopia’s fast-evolving payments landscape during a recent follow-up market visit to the country led by Chief Growth Officer Norman Frankel. The visit highlighted Ethiopia’s ambitious digitalisation agenda amidst significant economic reforms, including currency devaluation and

Raenest Secures $11M Series a Investment in Qed-Led Funding Round

Posted on by kara | 11721 Views | 18 min read
Raenest

Raenest, the global multi-currency accounts platform for individuals and businesses across Africa, today announced the completion of its $11M Series A funding. The round was led by QED Investors, with participation from Norrsken22. Follow-on investment came from Ventures Platform, P1 Ventures, and Seedstars. This equity-based capital injection brings Raenest’s total venture funding to $14.3M. With

SME Confidence Index: Kenyan SMEs Go Digital for Growth – Mastercard

Posted on by kara | 5199 Views | 14 min read
SME

SMEs (small and medium enterprises) in Kenya are actively adopting digital payments, leveraging technological advancements, and forming strategic collaborations to enhance growth and resilience, as highlighted in the third edition of the Mastercard SME Confidence Index. With 91% of SMEs in Kenya adopting digital payments, businesses are enhancing efficiency, improving customer experiences, and strengthening financial

Ethiopia Is Driving Its Digital Issuing Revolution, Two Sides of the Same Coin – Stanchion

Posted on by kara | 7733 Views | 38 min read
Ethiopia

Norman Frankel, Chief Growth Officer, Stanchion Payments Solutions. Originally published here. Ethiopia’s capital, Addis Ababa, is home to over 5.7 million people and buzzes with vibrant energy. The government is also driving its digitalisation programme forward as part of its 2025 and 2030 digitalisation plans. With a population of at least 132 million, Ethiopia is

Bank of South Sudan Launches First National Instant Payment

Posted on by kara | 5819 Views | 9 min read
Bank of South Sudan

Bank of South Sudan (BOSS) is proud to announce a groundbreaking initiative to launch the country’s first National Instant Payment System (NIPS) in collaboration with the AfricaNenda Foundation. This transformative project marks a pivotal milestone in modernising South Sudan’s financial and payment infrastructure, advancing the bank’s commitment to providing enhanced financial services for all citizens.

Flutterwave Releases 2024 Report Highlighting Growth & Innovation

Posted on by kara | 24906 Views | 9 min read
Flutterwave

Flutterwave, Africa’s leading fintech company, has unveiled its 2024 end-of-year report detailing significant achievements in global expansion, technological innovation, and customer success. The report underscores the company’s growing influence in the global fintech landscape, cementing its position as a key player in the payments technology sector. Founded in 2016, Flutterwave has become a powerhouse in African enterprise

AFS and Nsano Partner to Transform Card Payments in Africa

Posted on by kara | 6119 Views | 8 min read
AFS

AFS (Arab Financial Services), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, signed a strategic partnership with Nsano, a leading pan-African payment processor and mobile money aggregator headquartered in Accra. This collaboration aims to expand digital payment options across Sub-Saharan Africa by leveraging the combined expertise of both companies.

KCB Bank and UnionPay in a Deal to Support E-commerce Payments

Posted on by kara | 9878 Views | 9 min read
KCB Bank

KCB Bank Kenya and UnionPay International (UPI) have partnered to enhance e-commerce payment capabilities in Kenya, enabling UnionPay cardholders to transact seamlessly on digital platforms. This collaboration marks a significant advancement in digital payment capabilities, aimed at enriching the online shopping experience for consumers and merchants across Kenya. “We are delighted to join hands with

Eliminating Technology Debt in Digital Payments: Why SaaS is the Future

Posted on by kara | 11199 Views | 9 min read

As digital payments evolve, financial institutions face a major challenge: balancing innovation with maintaining existing IT assets. However, as Dr. John Wamai, Director at Equity Bank, warns in his recent LinkedIn post: “The pressure and urge to ‘sweat’ and maximize IT assets often lead to outdated and inefficient systems, temporary fixes, and poor integration—ultimately misaligning