Kenyan Retail-tech Startup Tanda Secures Funding for Regional Expansion from HAVAÍC

Posted on by Staff Writer | 4195 Views | 8 min read

Kenyan agency banking startup Tanda is expanding its operations regionally after securing funding from early-stage African tech investor HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and three other investors. Tanda has also secured key strategic partnerships with Mastercard and Interswitch which will further accelerate its growth. The company’s expansion comes on the back of successfully

Huawei Expands Partnership with Mondia Pay for Safe, Contactless Mobile Payment Services

Posted on by Staff Writer | 11224 Views | 8 min read

Huawei Mobile Services has teamed up with Mondia Pay, a digital payments company, to roll out seamless and contactless payments solutions for mobile network operators. Since the commencement of the partnership in September 2020, demand for the implementation of Direct Carrier Billing service (DCB) for seamless, contactless payments for mobile users in the MEA region

MFS Africa Now Reaches Over 320 Million Mobile Money Wallets, Covering 60% of All Mobile Wallets in Sub-Saharan Africa

Posted on by Staff Writer | 22931 Views | 10 min read

Pan-African fintech provides unprecedented reach on the African continent Pan-African fintech leader MFS Africa has announced that it now reaches over 320 million mobile money wallets, enabling a range of banks, telcos, money transfer operators, and other financial institutions interoperability at scale in Africa through a single integration point. Based on the 2021 State of

GSMA | Mobile Money Accounts Grow to 1.2 Billion in 2020

Posted on by Staff Writer | 3151 Views | 16 min read

GSMA has published its annual ‘State of the Industry Report on Mobile Money’. It reveals a dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The report found that the number of registered accounts grew by 13 per cent globally in 2020 to more than

Accelerex Offers Ghanaian Customers More Digital Payment Options

Posted on by Staff Writer | 4234 Views | 14 min read

RexRetail, an all-in-one solution for small and medium-sized retail shops, helps retailers automate their everyday operations Leading pan-African fintech company, Accelerex Ghana (www.GlobalAccelerex.com.gh), has hit a new milestone, after being granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG), under the Payment Systems and Services Act, 2019 (Act 987). This makes

Ooredoo, Mastercard and QNB Announce the Launch of Mastercard Contactless Tap & Go and Virtual Prepaid Cards

Posted on by Staff Writer | 3831 Views | 9 min read

Mastercard Virtual Prepaid Card enables immediate issuance of digital cards to enable safe and secure online payments Mastercard Contactless Tap & Go Cards allows customers to shop wherever you see the universal contactless symbol for an easier and safer checkout  Ooredoo Qatar, Mastercard and QNB have announced the launch of the first-of-their-kind Ooredoo Money Virtual

Ukheshe Technologies and Infobip Collaborate to Create SA’s First WhatsApp Payment Gateway

Posted on by Staff Writer | 3849 Views | 13 min read

Leading digital fintech enablement provider, Ukheshe Technologies, together with Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer journey at scale, have developed South Africa’s very first WhatsApp payment gateway for use by Telkom, one of the country’s largest mobile operators. In addition to

Global Payments Platform Nium Enables Customers to Remit Funds into Four Major African Markets

Posted on by Staff Writer | 3477 Views | 9 min read

Customers of Nium can now remit funds via bank transfers or to mobile money wallets Nium, an advanced global payments platform, has announced that its clients are now able to send funds to their business partners located in Ghana, Kenya, South Africa and Tanzania, with more countries in the pipeline. Customers of Nium are also

Nedbank’s ‘Tap-on-phone’ – a first in Africa – Empowers SMMEs with Safe and Secure Contactless Payments

Posted on by Staff Writer | 4168 Views | 15 min read

At the height of the global Covid-19 pandemic, Nedbank became the first bank to offer small, medium and micro enterprises (SMMEs) the ability to turn their cellphones into a payment acceptance device with the launch of its Tap-on-phone functionality in October 2020. Following a successful closed pilot in June, the easily downloadable app has empowered