Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

Pesalink

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This

Cross Switch Promotes Engineering Head Jacob Yermalitski to Chief Technology Officer

Jacob Yermalitski appointed Chief Technology Officer at Cross Switch

Cross Switch, a payment technology company powering digital transactions across emerging markets, today announced the promotion of Jacob Yermalitski to Chief Technology Officer (CTO). A co-founder of the company, Jacob has helped shape Cross Switch’s technology strategy since its onset, most recently serving as Director of Engineering. Jacob assumes the CTO role from Mike Kenrich,

Traderoot Announces Strategic Partnership with Halo Dot to Accelerate SoftPOS Adoption

SoftPOS

Traderoot has formed a strategic partnership with Halo Dot, who provides certified, secure and modular SoftPOS software that enables merchants to accept contactless payments directly on mobile devices. Together, the companies aim to make secure, mobile-first SoftPOS payments more widely available. Android smartphones become secure payment terminals The partnership integrates Halo Dot’s PCI MPoC-certified SDK

Ericsson and Mastercard Enhance Global Digital Money Movement and Accelerate Digital Financial Inclusion

Ericsson

Ericsson and Mastercard have announced a collaboration aimed at reshaping how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move — Mastercard’s portfolio of money movement solutions — the collaboration will enable telecom service providers, banks, and fintechs to expand digital wallet capabilities, introduce new payment services,

Conduit Partners With Onafriq for Stablecoin Payments

Conduit

Conduit, a leading cross-border payments platform powered by stablecoins, has announced a strategic partnership with Onafriq at the Africa Fintech Summit. Onafriq is Africa’s largest digital payments network of networks, connecting more than one billion mobile money wallets and 500 million bank accounts across over 40 African countries. The partnership marks a significant milestone for

Kenya’s Digital Payments Evolution and Mobile-Led Transformation Are Showing the Way

Keny

In an earlier article, “Kenya’s Payments Evolution: What Banks and Fintechs Can Learn from M‑Pesa and Mobile Operators,” we explored how Kenya, often referred to as the “Silicon Savannah,” was emerging as a global leader in mobile-money innovation and digital financial inclusion. One of the key takeaways was that banks had an awful lot of

RealPay at Ripple Swell Event

Rea

RealPay at Ripple Swell 2025: Scaling African Innovation on the Global Stage RealPay is taking African FinTech from local solutions to global impact. What began as a focused FinTech offering has grown into a 49+ product ecosystem – designed for African businesses navigating an intricate digital economy. Their digital payments and collections solutions are as

Paga Group Expands Into the U.S. Market With Digital Banking for Africa’s Diaspora

Paga

Paga Group, a UK-headquartered financial technology company and one of Africa’s fastest-growing fintech businesses, today announced its expansion into the United States market with the launch of digital banking services for Africa’s diaspora community. Created in partnership with a US-regulated bank, Paga’s new service provides Africans living in the US with unprecedented access to international

Yellow Card Supercharges Cross-Border Payments, Joining the Fireblocks Network for Payments

Yellow

Yellow Card, Africa’s leading fintech for digital asset payments and infrastructure, has long focused on solving one of the most difficult challenges for businesses across the continent: cross-border payments. For too many companies, the reality has been a maze of fragmented systems, high transaction costs, and slow, manual processes. By reimagining financial infrastructure to meet

Mastercard and Circle Partner on Digital Settlements

Master

Mastercard and Circle are deepening their longstanding partnership to enable USDC and EURC settlement for acquirers across Eastern Europe, the Middle East, and Africa (EEMEA). As stablecoins continue to address real-world challenges and improve efficiencies across a range of use cases, this collaboration highlights their shared commitment to advancing digital settlement in the region. This