Crossfin Ventures Invests in SA’s First Gold-backed Savings Account, Debit Card

Crossfin Ventures, the angel investment arm of Crossfin Technology Holdings, has announced its investment in Troygold, a South African fintech enabling gold owners to digitise physical gold and use it for day to day transactions via a mobile app and gold-backed Mastercard. Crossfin Ventures chief operating officer Anton Gaylard says they were attracted to Troygold

Mastercard Unveils New Carbon Calculator Tool for Banks Globally, as Consumer Passion for the Environment Grows

New study of consumers in 24 countries shows the pandemic is prompting billions to consider more sustainable behaviors A large proportion of adults (85%) state they’re willing to take personal action to combat environmental and sustainability issues in 2021 New Mastercard feature enables banks to equip people with carbon footprint data and insights to help

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

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

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

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

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

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

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

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