Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to Over 636,000 Merchants in Kenya

Posted on by kara | 264 Views | 7 min read
Safaricom

Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between

PayRetailers Expands Further Into Africa, Boosting Financial Inclusion Across Eight Additional Key Markets

Posted on by kara | 639 Views | 9 min read
PayRetailers

Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions. PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the company offers a unified simple

Interswitch Partners With Elie Technologies for Contactless Payments

Posted on by kara | 835 Views | 6 min read
Interswitch

Interswitch East Africa (Kenya) Limited has partnered with Elie Technologies to unveil a contactless payment solution for merchants and customers in Kenya. The solution, dubbed Tumatap, will enable Micro, Small, and Medium Enterprises (MSMEs) to accept contactless payments on smartphones, thus transforming the devices into point-of-sale (POS) systems without the need for additional hardware. The

Nigerian Fintech Grey Partners dLocal to Drive Expansion Into New Emerging Markets

Posted on by kara | 1003 Views | 5 min read
Nigerian Fintech

Nigerian fintech startup Grey has partnered leading cross-border payment platform dLocal to drive expansion into new emerging markets. Launched in 2021 by Idorenyin Obong and Femi Aghedo, Grey offers an international money transfer service that enables its users to send and receive international payments without restrictions quickly. Its products include foreign bank accounts, instant currency

MDP Takes Center Stage as Payments Enabler Africa Sponsor at Africa Fintech Summit Nairobi 2024

Posted on by kara | 878 Views | 16 min read
MDP

MDP, a leading payments technology provider in the Middle East and Africa, is gearing up to make its mark at the 12th edition of the Africa Fintech Summit, taking place in Nairobi, Kenya, from September 4-6, 2024. The payments technology pioneer is coming on as Africa’s Payment Enabler Sponsor for the second year running. This

Equity Bank (Kenya) Limited Announces New Appointment

Posted on by kara | 1901 Views | 13 min read
Equity Bank

Equity Bank (Kenya) Limited, a subsidiary of Equity Group Holdings Plc, is one of the leading banks in Kenya. Equity Group Holdings Plc. is a Pan-African financial services holding company listed on the Nairobi Securities Exchange and cross-listed on Uganda Securities Exchange and Rwanda Stock Exchange. The Group has other banking subsidiaries in DRC, Rwanda,

Sabipay Technologies Gets Payments Licence in Zambia

Posted on by kara | 3157 Views | 6 min read
Sabipay Technologies

Sabipay Technologies, a subsidiary of fintech Pesapal Limited, has been granted a payments system business licence by the Bank of Zambia. The fintech announced the development yesterday, stating that it signals a significant extension of Pesapal’s presence in the Zambian payments landscape. The payments system business license, according to Pesapal, is a crucial approval that

Africa Fintech Summit Opens Nominations for Excellence in Fintech Awards – African Media Agency

Posted on by kara | 1221 Views | 8 min read
Africa Fintech Summit

The Africa Fintech Summit (AFTS) has officially opened nominations for the 2024 Excellence in Fintech Awards, set to be held during the 12th edition of the summit in Nairobi, Kenya, from September 4-6, 2024. Since its inception in 2018, AFTS has established itself as Africa’s leading fintech event, where innovative ideas are exchanged, partnerships are

African Development Bank Reaffirms Support for Liberia Under New Government

Posted on by kara | 2344 Views | 9 min read
African Development Bank

African Development Bank Executive Director Rufus N. Darkortey has concluded a five-day working visit to Liberia, where he engaged in high-level discussions with key stakeholders, including President Joseph Nyuma Boakai. Representing Liberia, The Gambia, Ghana, Sudan, and Sierra Leone at the Bank, Darkortey also met with Vice President Jeremiah Kpan Koung, Speaker of Parliament Jonathan

The Association of Fintechs in Kenya Partners With Africa Fintech Summit 2024

Posted on by kara | 2106 Views | 10 min read

The Association of Fintechs in Kenya (AFIK) is pleased to announce its strategic partnership with the Africa Fintech Summit (AFTS) 2024. This partnership aims to advance fintech innovation, foster growth, and create new opportunities for key players across Africa’s financial technology landscape. AFTS 2024, a premier event bringing together issues, entrepreneurs, and opportunities revolutionising finance