Stitch Acquires Efficacy Payments, Secures DCSP Designation to Offer Card Acquiring Services

Posted on by kara | 4600 Views | 15 min read
Stitch

Payments infrastructure company Stitch has announced the acquisition of Efficacy Payments, marking its second major strategic move to date. This acquisition enables the fintech to offer direct card acquiring services to merchants as a Designated Clearing System Participant (DCSP), supporting more efficient, scalable, and cost-effective transactions across South Africa. With this move, Stitch becomes one

TaiFintech and Stanchion Collaborate to Enable Modern Issuer Solutions in Kenya

Posted on by kara | 7481 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

New Whitepaper Explores the Future of Payments and the Rise of Fourth Generation Payment Networks

Posted on by kara | 3574 Views | 9 min read
New

Singapore, July 2025 —A groundbreaking whitepaper just released, titled The Future of Global Payments & Fourth Generation Payment Networks (4GPN), is setting the tone for a new era in the fintech industry. Jointly developed by Thunderbird School of Global Management and Wiseasy, the paper explores how transformative technologies, including IoT, blockchain, cryptocurrency and cloud computing,

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

Posted on by kara | 13213 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

I&M Bank Partners with ThetaRay to Launch AI Compliance Platform in East Africa

Posted on by kara | 3935 Views | 18 min read
I&M Bank

I&M Bank, a key subsidiary of I&M Group PLC and one of East Africa’s leading regional financial institutions, has announced a strategic partnership with global AI compliance leader ThetaRay. This collaboration will see the rollout of ThetaRay’s advanced Cognitive AI-powered Anti-Money Laundering (AML) platform across the Group’s banking operations in Kenya, Tanzania, Rwanda, Uganda, and

Mukuru and Payfast Deliver on the Promise of Online Shopping for Cash-Paying South Africans

Posted on by kara | 6888 Views | 17 min read
Mukuru

Mukuru is helping reshape South Africa’s predominantly cash-based economy by unlocking access to e-commerce through its partnership with payment gateway Payfast by Network. For over a year, Mukuru and Payfast have enabled cash-paying South Africans to shop online via MukuruPay (MPay), bringing digital commerce within reach for millions and opening new markets for local retailers

Lesaka Technologies Acquires Bank Zero for R1.09 billion, Boosting its Fintech Capabilities

Posted on by kara | 5780 Views | 16 min read
Lesaka

Lesaka Technologies saw its share price surge by 17.1% on Friday morning following the announcement of a binding agreement to acquire 100% of South Africa’s digital lender, Bank Zero Mutual Bank, in a transaction valued at over R1.091 billion. Under the terms, the acquisition will be settled through a combination of newly issued shares—resulting in

Stanchion: The Hidden Complexity of Tokenisation and Why Implementation is Harder than it Looks

Posted on by kara | 12168 Views | 30 min read
Stanchion

Stanchion explains in this article why a failed payment at checkout is more than friction and how tokenisation can solve it effectively. That’s why enabling safe, one-click payments is the emerging gold standard in mobile payments and e-commerce. Tokenisation is the method that can facilitate a consistently smooth and successful checkout experience at scale, which

Flutterwave Powers Business Growth in Cameroon With Fully Licensed Payment Services

Posted on by kara | 8367 Views | 11 min read
Flutterwave

Flutterwave, Africa’s leading financial technology company, is reinforcing its commitment to businesses in Cameroon with a comprehensive suite of digital payment services that are officially licensed by the Central Bank of Central African States. As one of the few fintechs authorised to operate in the country, Flutterwave is helping businesses in Cameroon — whether small

Mastercard and enza Collaborate to Enable Fintech Innovation Across Africa

Posted on by kara | 16749 Views | 9 min read
Mastercard

Mastercard and enza, a payment solutions company, have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment Bank, the number