New integration enables customers to seamlessly link accounts and transfer funds between PayPal and M‑Pesa wallets through the M‑Pesa Super App Vodacom M‑Pesa Tanzania has announced a new partnership with PayPal that will enable customers in Tanzania to seamlessly transfer funds between their PayPal and M‑Pesa wallets through the M‑Pesa Super App; As part of
UBX Tanzania Limited has extended its long-standing partnership with ACI Worldwide, marking a significant milestone in a relationship that spans nearly two decades and focuses on strengthening infrastructure resilience, enhancing scalability, and enabling innovation to support Tanzania’s rapidly evolving digital economy. UBX currently powers the core payments infrastructure for 18 banks in Tanzania, supporting a
Yuno, the global financial infrastructure platform, today announced a strategic partnership with Flutterwave Inc, Africa’s leading payment technology company, to streamline payments for businesses expanding into Africa. Through a single API integration, Yuno merchants can now activate Flutterwave’s comprehensive local payment methods, including cards, mobile money, and bank transfers across key African markets instantly, eliminating
Aurionpro Solutions Limited, a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries. This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience,
For many African financial institutions, card management is still treated as a back-office issuing function: produce cards, manage BINs, process transactions, and handle settlement. That view is becoming outdated. In today’s market, modern card management is no longer only about debit, credit or prepaid cards. It is becoming the foundation layer for digital-first experiences such
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
CRDB Bank has entered three landmark partnerships with leading development finance institutions, FinDev Canada, DEG (KfW Group, Germany), and Shelter Afrique Development Bank (ShafDB), marking a significant milestone in its transformation journey to advance inclusive and sustainable finance across Africa. The Memoranda of Understanding (MoUs) were signed during the CRDB Bank Investors and Partners Forum,
PalmPay, a leading neobank and fintech platform focused on emerging markets, has been recognised in CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second consecutive year that PalmPay has earned a place among the world’s most innovative and impactful financial technology firms. The selection is based on a rigorous evaluation
I&M Bank Tanzania, in partnership with Mastercard and OpenWay, today announced the launch of the country’s first Mastercard World Elite debit and multi-currency prepaid cards, powered by the Way4 digital payments platform from OpenWay. The new cards are designed to meet the evolving needs of Tanzania’s affluent and middle-market customers, offering lifestyle privileges, enhanced payment
Equity Bank has been awarded Best Regional Bank in East Africa at the prestigious 2025 African Banker Awards, hosted in Abidjan, Côte d’Ivoire. This accolade recognises the bank’s outstanding contribution to expanding access to financial services, empowering communities, and driving sustainable economic growth across East Africa. The annual African Banker Awards, now in their 19th
