FLEX, the newest entrant redefining digital payments in Africa, officially unveils its brand and platform built on one powerful premise: freedom to move money without friction. Unveiled during a private launch event yesterday, FLEX introduces a more straightforward way to send, receive, and spend money — instantly, with no fees, no long account numbers, and
Kredete, the financial technology platform helping African immigrants in the U.S. build credit through stablecoin-powered payments, today announced the launch of Africa’s first stablecoin-backed credit card. Built in partnership with Visa, Stellar, and Rain, the card offers users across 41+ African countries a secure and straightforward way to spend stable digital assets, both online and
Al Baraka Bank Egypt has announced the launch of a cooperation program in the field of foreign trade with Al Baraka Bank South Africa. The initiative aims to enhance economic and financial collaboration between the two branches through Al Baraka’s digital trade platform, as part of the broader Al Baraka Banking Group’s strategy to create
SPAYZ.io, a leading provider of innovative payment solutions, is entering three new African markets – South Africa, Egypt, and Cameroon. The move is part of fintech’s ongoing vision to transform digital commerce in Africa’s emerging markets by offering tailored local payment solutions. SPAYZ.io has been actively assessing countries in the region as part of its
Synthesis is driving digital transformation in financial services, helping banks evolve with agility, security, and innovation. With over 20 years of experience, it delivers solutions across cryptography, cloud, data, payments, RegTech, digital transformation, and SoftPOS – built for the demands of modern banking. As cyber threats grow in complexity alongside technological advancement, Synthesis leads the
Innbucks is migrating its mobile platform to a new technology provider called Mambu. According to a press release, the move is “part of its transformation from a digital wallet solution to a fully integrated digital bank.” With an estimated 3 million subscribers, Innbucks has quickly become one of Zimbabwe’s largest digital wallets, the largest being
British bank Standard Chartered announced today the official opening of a new representative office in Casablanca, Morocco, further growing its presence in the Middle East and North Africa region. The move follows Bank Al-Maghrib’s approval of its license and the award of Casablanca Finance City (CFC) status by the Casablanca Finance City Authority. The new
In a country where over 60% of the population is under 25 and women remain underserved by formal banking, access to financial services can be a life-changing enabler. EmpowerBank Limited, Zimbabwe’s youth-focused microfinance institution, is meeting that need head-on by building a future where young people, including women, are equipped with the financial tools, knowledge,
Capital Software, with Halo Dot and Nedbank, is revolutionising payments by offering DebiCheck TT3 Mandate Authentication via Tap on Phone—making secure, real-time sign-ups faster and more affordable. For 13 years, Chris has started every Monday morning in the same boardroom, sitting next to his boss, coffee in hand and plans on the table. But this
Moniepoint Inc. announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent’s leading financial institutions for Africans, everywhere. The recognition highlights Moniepoint’s continued ability to achieve strong, scalable growth. Moniepoint distinguishes itself by maintaining operational efficiency
