Transforming B2B Payments Could Help Africa’s Local Businesses Grow

By Clara Wanjiku Odero The World Bank estimates remittances to the Middle East and North Africa region rose by 2.3 percent to about $56 billion in 2020. However, global businesses that want to pay their Africa-based vendors and patterns are often frustrated by their experience with B2B payments. Typically, international businesses must route funds through

Cellulant Gets Approval from Bank of Tanzania to Become a Payment Solution Service Provider (PSSP)

In a bid to expand its Payments Platform, Cellulant Tanzania becomes one of the 5 Payments Solution Service Provider in the Country The Bank of Tanzania (BOT) has issued an approval in principle to Cellulant (www.Cellulant.io) Corporation to operate as a Payment Solution Service Provider in Tanzania having satisfied all the necessary requirements. Payment Solution

Pipit Global Partners with Cellulant to Power Low-Cost Remittances in Africa

Irish FinTech, Pipit Global Partners with Pan-African Fintech Cellulant to power cheaper and safer means for Africans in the EU and UK to send cash to their families at home in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana According to reports by the BBC, about 8 million Africans live abroad. That number is projected

Airtel Money Launches ‘Airtel Money TUNAKUUNGANISHA NA DUNIA’ to Boost Financial Inclusion

Customers to receive Money from over 200 countries across Airtel Tanzania through Airtel Money has launched a special Airtel Money Campaign dubbed “Tunakuunganisha na Dunia” in which will enable all Airtel customers to receive money from over 200 countries worldwide instantly to their Airtel Money wallet. This is aimed at promoting financial inclusion in the

Mondia Pay Expands New Fintech Opportunities to Increase Access to Digital Entertainment for Vodacom Tanzania Customers

Africa is experiencing a fintech explosion, with digitalisation coming of age in many countries as connectivity and access to devices expand and the pressures of COVID-19 shift more consumers online Mondia Pay (www.Mondia.com) and M-Pesa have partnered to allow Tanzanians to conveniently access Mondia’s leading suite of online content on the Vodacom Tanzania PLC digital

72% of Tanzanian Consumers are Spending More Money Online Since the Start of Pandemic, Reveals Mastercard Study

Data top-up (76%), clothing (59%) and computer equipment (49%) top the virtual shopping list in Tanzania Top learning experiences include learning a managing their banking needs online, managing their healthcare needs and getting their medicine online. Social media has become an integral platform for connecting consumers to online businesses Secure checkout experience recognized as fundamental

Absa CIB Named Best Investment Bank in Africa at the EMEA Awards

Absa Corporate and Investment Banking (CIB) claimed top honours in the 12th EMEA Finance African Banking Awards for 2019 when it was awarded Best Investment Bank in Africa; it also won Best Investment Bank in Botswana, South Africa, Tanzania, and Zambia as well the Best Equity House in Mozambique and the Best Loan House in

Cellulant Unveils Tingg, Africa’s First Payments Super App in 8 Countries

Cellulant, Africa’s leading financial technology company has announced the launch of Tingg, an all-in-one, multi-functional consumer super app that will include a wide array of payment, commerce and financial services into a single platform that will revolutionize the way customers interact with digital payment services in the continent. Tingg is Cellulant’s solution to the fragmentation

I&M Bank, UnionPay & iVeri Partner to Increase UnionPay Card Online Payment Acceptance in East Africa

UnionPay International and East African financial services firm I&M Bank have announced on 31st of October, the partnership, that provide online access to UnionPay cardholders across Kenya, Tanzania and Rwanda. This new service has been facilitated by iVeri Payment Technologies direct integration to UnionPay Online Payment (UPOP). iVeri will also now make this integration available

Selcom Launches Agency Banking Service under Qwikserv Brand

Following months of intensive research and development, Selcom, Tanzania’s leading provider of financial technology and processing services, has formally launched its shared-agent Agency Banking service under the Qwikserv brand. Qwikserv, as the name suggests, has been designed for participating banks’ customers with the objective of quickly and effortlessly providing accessible touch points for essential banking