Cenfri Partners with Mojaloop to Support Payment Inclusion

Posted on by kara | 4786 Views | 9 min read
Mojaloop

Mojaloop Foundation announced today that Cenfri, the South Africa-based independent think tank dedicated to enabling inclusive financial and economic growth, has joined its growing Global Partner Program. Cenfri’s expertise in market development, regulatory frameworks and policy design will further empower the Mojaloop Foundation’s mission to advance inclusive instant payment systems (IIPS) worldwide. “We are excited

PAPSS and Interstellar Launch African Currency Marketplace

Posted on by kara | 4343 Views | 22 min read
PAPSS

PAPSS (Pan-African Payment and Settlement System), building on the successful rollout of its groundbreaking continental payment infrastructure, in strategic collaboration with Interstellar, a leading African deep-tech company, has announced the launch of the PAPSS African Currency Marketplace (PACM). The launch was announced on the sidelines of the 2025 Afreximbank Annual Meeting (AAM2025) held in Abuja

Wave Secures $137M Debt Round to Expand Mobile Money Services

Posted on by kara | 8205 Views | 4 min read
Wave

Wave, a Senegal-based mobile money provider and one of Africa’s highest-valued startups, has secured US$137 million in debt financing to expand its mobile money operations and strengthen working capital across both existing and new markets. The round was led by Rand Merchant Bank (RMB), with participation from development finance institutions including British International Investment (BII),

Cross Switch Launches New Identity to Power Payments Across Emerging Markets

Posted on by kara | 28318 Views | 12 min read

This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum,

Network International and Magnati Secure Key Regulatory Approvals for Merger

Posted on by kara | 3900 Views | 7 min read
Network

Network International, a leading fintech company in the Middle East and Africa (MEA), and Magnati, a leading provider of payment solutions in the UAE, today announced that they have received key regulatory approvals to merge into a single entity, owned by a Brookfield-led consortium. The merger process is expected to be completed during Q3, 2025.

Rizwan Shaikh Appointed Head of Services for Citi in the Middle East & Africa

Posted on by kara | 4524 Views | 4 min read
Rizwan

Rizwan joins Services from Banking and has been with the firm for 27 years, working across Capital Markets and Corporate and Investment Banking. He most recently served as Head of Corporate Banking for MEA and has a history of securing landmark deals and driving strong revenues and returns for the business. He understands how to

Flutterwave Secures License to Power Payments in Senegal

Posted on by kara | 3474 Views | 10 min read
Flutterwave

Flutterwave, Africa’s leading payments technology company, has recently secured a Payment Institution (PI) license from the Central Bank of West African States (BCEAO). With this license, Flutterwave is positioned to help businesses in Senegal scale by offering its full range of seamless digital payment services. It further demonstrates the company’s commitment to connecting Africa to

Why Financial Infrastructure Needs to Be Rebuilt – From the Inside Out

Posted on by kara | 5728 Views | 11 min read
Financial

Omnea CEO Deon Tromp shares why real financial transformation starts with architecture, not apps – and why it’s time to move beyond legacy systems and siloed solutions. South Africa’s financial services sector is under pressure to modernise – yet few businesses are solving the right problems. While digital banking apps and fintech interfaces have advanced

Ethiopia Embraces Its First Domestic Credit Card – Powered by OpenWay and SanuPay

Posted on by kara | 23968 Views | 10 min read
SanuPay

The launch marks a broader push for payments modernization across East Africa SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will signal a significant step in the country’s shift toward formalised, digital financial infrastructure. Together with

Superbrands South Africa Announces Relaunch

Posted on by kara | 5893 Views | 6 min read
Superbrands

Superbrands South Africa today announced its official relaunch and the upcoming release of its highly anticipated fifth publication. The world’s largest independent arbiter of branding is back in South Africa! This milestone signifies its renewed dedication to identifying, recognising, and celebrating the nation’s most outstanding brands. Superbrands is globally renowned for its rigorous and independent