OpenWay Recognized as Best-in-Class in Datos Insights’ 2025 Matrix for Merchant Acquiring Platforms

Posted on by kara | 13043 Views | 11 min read

OpenWay, a global leader in payments software and developer of the Way4 digital payment software platform, has been recognized as a Best-in-Class vendor in the 2025 Merchant Acquiring Software Platforms Matrix by Datos Insights. The ranking places OpenWay in the Market Leaders quadrant, based on the strength of its solution capabilities, high customer satisfaction, innovation

Blu Penguin and Network International Power Ghana’s Mobile Money

Posted on by kara | 13739 Views | 17 min read
Blu Penguin

Blu Penguin, a Ghana-based fintech and mobile money aggregator, has joined forces with Network International, a leading enabler of digital commerce across the Middle East and Africa, to bring mobile money capabilities to merchants across Ghana. This strategic collaboration integrates Blu Penguin’s mobile payment technology with Network’s N-Genius™ point-of-sale (POS) terminals, marking a significant step

MDP Boosts MEA Growth With BPC’s SmartVista Platform

Posted on by kara | 8209 Views | 18 min read
SmartVista

MDP and BPC SmartVista collaboration continues to strengthen the company’s position as a payments leader across the Middle East and Africa. MDP, a long-standing leader in Africa’s card issuing and payment processing landscape, has significantly expanded its footprint across the Middle East and Africa (MEA) through its strategic partnership with global payments technology provider, BPC.

PAPSS and Interstellar Launch African Currency Marketplace

Posted on by kara | 3266 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

Raenest Secures $11M Series a Investment in Qed-Led Funding Round

Posted on by kara | 10162 Views | 18 min read
Raenest

Raenest, the global multi-currency accounts platform for individuals and businesses across Africa, today announced the completion of its $11M Series A funding. The round was led by QED Investors, with participation from Norrsken22. Follow-on investment came from Ventures Platform, P1 Ventures, and Seedstars. This equity-based capital injection brings Raenest’s total venture funding to $14.3M. With

USTDA Advances U.S. Digital Banking Technology in Nigeria

Posted on by kara | 8344 Views | 15 min read
USTDA

USTDA Supports Zenith Bank’s Transition to Microsoft’s Azure Cloud Platform The U.S. Trade and Development Agency announced that it has awarded a training grant to Zenith Bank Plc (Zenith) to support institutional skill set transformation as it adopts the Azure hyperscale cloud platform from Washington-based Microsoft Corporation (Microsoft). Zenith’s switch to this technology will increase

Stanchion On-Demand Webinar: The Future of Banking – Platformication and Payment Fabric

Posted on by kara | 5339 Views | 2 min read

Access the webinar here How can banks stay ahead in a rapidly changing industry? In just 30 minutes, Stanchion Payment Solution’s on-demand webinar, The Future of Banking – Platformication and Payment Fabric, explores how financial institutions are tackling emerging priorities through innovative technologies and smarter strategies. Drawing on IDC research with 150 banks, we unpack

Visa Launches Accelerator Program to Support African Startups in Transforming Fintech

Posted on by kara | 3847 Views | 3 min read
Visa

Visa has launched the Visa Accelerator Program, a three-month initiative to help African startups grow and create new solutions in the financial sector. The program is open to startups at the seed to Series A stage that has market-ready products tackling key challenges in payments and fintech. To qualify, startups need to have a minimum

Arrabet Morocco and Skaleet Partner for a New Neo-Bank Offering in Africa

Posted on by kara | 4930 Views | 3 min read
Arrabet

Arrabet, a major player in digital transformation in Morocco, has partnered with Skaleet, a leader in next-generation core banking solutions in Europe and Africa, to launch a new neo-banking offering dedicated to the African market. Arrabet announced the deal in a press release Wednesday. This partnership aims to transform access to digital financial services and

Absa Secures US$150mn Facility for African SMEs from BII

Posted on by kara | 5697 Views | 6 min read
Absa

Absa Bank CIB has secured a US$150mn facility from the UK’s British International Investment (BII) to fund sustainable trade in Africa. According to a joint press release, the financing will support transactions, including those benefiting women—and youth-led SMEs. The press release says the partnership is “making strides in advancing the efforts of the African Continental