Crossfin takes Stake in VantagePay in Pre-Series A Capital Raise

Vantage Africa Limited, trading as “VantagePay”, a payments and technology company, has announced that Crossfin Holdings (Proprietary) Limited (“Crossfin”) has acquired a meaningful stake for an undisclosed sum. Barry Lobel, VantagePay’s CEO and co-founder welcomed Crossfin’s investment. “VantagePay has developed a leading cloud-based payments platform to address the massive latent demand for access to trusted

Sokin Expands Payments Partnership with Mastercard across the Region

Sokin has teamed up with Mastercard to connect consumers in 39 new markets to payments services that are more open and transparent, removing the barriers that have historically hindered access and financial inclusion The partnership has been expanded to help consumers make transactions on their own terms Sokin, the new generation fintech payment firm, has

Equity Introduces Chat Banking on Social Media

Equity Virtual Assistant (EVA) chatbot is Equity’s latest addition to self-service digital banking EVA, offers Equity customers a seamless interactive banking social media platforms: WhatsApp, Facebook Messenger and Telegram. EVA chatbot facilitates digital banking transactions and customer support services anytime anywhere. This latest innovation reaffirms the Bank’s commitment to continue giving customers the freedom, choice

New Digital Collections Platform to Spur Growth for Kenyan Businesses

UBA Kenya and Cellulant Kenya launch payments gateway to accelerate adoption of cashless payments The volume of global cashless transactions is set to grow by more than 80% between 2020 and 2025 according to the Payments 2025 & Beyond Report by PWC. In recent years, individuals and businesses alike have adopted digital payments reshaping the

Hello Pay Launches New High-End mPOS Device

Mobile point-of-sale solutions (mPOS) are no longer ‘alternative’ payment solutions – even small vendors who aren’t using this technology, will soon lose out if they don’t adapt. The market is expected to achieve a compound annual growth rate of almost 20 percent between 2021 and 2027, with many merchants not only adding these solutions to

Zapper Merchants can Now Take Card Payments Via Their Mobile Phone

Independent mobile payments, insights, loyalty and rewards platform, Zapper, has announced that their merchants will now be able to accept tap-on-phone payments. The new functionality gives them access to virtually all digital payments without the need for any additional point of sale hardware and irrespective of whether consumers have the Zapper app. “After a successful

Namibians Embrace Cashless Payment App PayPulse

Namibian consumers and merchants are increasingly turning to cashless payment methods as their preferred method of transacting. Since launching in 2018 PayPulse, Standard Bank’s cashless transaction app, has gained significant traction in that market, processing just under a million transactions to the value of N$ 442 million during the period 1 January 2021 to 31

Kippa Launches New Digital Payments Product for SMEs in Africa

Kippa has announced the launch of its second product, ‘Kippa Payments’, a digital payments solution enabling users to send and receive payments from customers and perform extended payments transactions automatically. Kippa Payments, which will be available to access within the existing Kippa app, is the second product launched by the firm since it was founded

AURA and FNB Partner to keep Customers Safe

FNB banking customers can now access instant emergency response services, anywhere, anytime via the FNB banking app. Powered by South Africa’s leading security and medical response marketplace, AURA, the convenient in-app panic button, GuardMe, is available to all FNB customers who register for the service. The cutting-edge solution allows FNB customers to immediately request rapid

Mastercard Partners with Bank Alfalah for Market-First Launch of Tap on Phone and Simplify Commerce Solutions in Pakistan

Partnership is the first time Mastercard Tap on Phone solution and Simplify Commerce platform will be available in Pakistan The agreement provides Pakistani businesses with robust, quick and easy digital payment acceptance solutions Mastercard and Bank Alfalah have entered into a strategic partnership to empower businesses in Pakistan through the launch of two of Mastercard’s