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

Posted on by kara | 13031 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 | 13732 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

Wave Secures $137M Debt Round to Expand Mobile Money Services

Posted on by kara | 6815 Views | 4 min read
Wave

Wave, a Senegal-based mobile money provider and one of Africa’s highest-valued startups, has secured US$137 million in debt financing to expand its mobile money operations and strengthen working capital across both existing and new markets. The round was led by Rand Merchant Bank (RMB), with participation from development finance institutions including British International Investment (BII),

Capital Software, Halo Dot, and Nedbank Are Using Tap on Phone Technology to Revolutionise Mandate Authentication

Posted on by kara | 7451 Views | 35 min read
Capital Software

Capital Software, with Halo Dot and Nedbank, is revolutionising payments by offering DebiCheck TT3 Mandate Authentication via Tap on Phone—making secure, real-time sign-ups faster and more affordable. For 13 years, Chris has started every Monday morning in the same boardroom, sitting next to his boss, coffee in hand and plans on the table. But this

Mobile Point of Sale ‘Unleashes the Era of Modern Retail Experience’

Posted on by kara | 6274 Views | 22 min read
Mobile

Mobile data shows consumers’ demand and responds well to an elevated retail experience. While the economic landscape has been anything but stable, with international trade tensions and the national budget fallout spooking the market before rebounding when the VAT increase was later withdrawn, the retail sector is showing remarkable resilience, says Ecentric Payment Systems’ Rory

UBA Launches Upgraded PoS Terminal & MONI App to Boost Payments

Posted on by kara | 6047 Views | 14 min read
UBA

UBA—United Bank for Africa Plc, Africa’s Global Bank, has unveiled its vastly improved Point of Sale (POS) terminal and the UBA MONI App to redefine the digital payment landscape and empower small and medium-scale enterprises across Africa. The upgraded platforms are part of the bank’s ongoing campaign, which has the theme Innovation for Progress: Empowering SMEs,

Apple Tokenisation Fuels Egypt’s Digital Payments Shift

Posted on by kara | 13953 Views | 39 min read

A market view from Norman Frankel, Chief Growth Officer following his recent market visit. Originally published here. For regular visitors to Egypt, Old Cairo rarely changes. Home to the bank’s headquarters for decades, the constant background noise of traffic, the hustle and bustle of trade, narrow streets steeped in history and culture, are in stark

Somalia Launches First Nationwide Instant Payment System Powered by BPC

Posted on by kara | 8604 Views | 14 min read
Somalia

Somalia Payment Switch (SPS1) has successfully launched the country’s first-ever Instant Payment System with QR payments support, powered by BPC’s next-generation SmartVista platform, a global leader in payment solutions2. Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability.

Kenya’s Payments Evolution: What Banks and Fintechs Can Learn From M-Pesa and Mobile Operators

Posted on by kara | 12067 Views | 56 min read
Kenya

Author: Norman Frankel, Chief Growth Officer, Stanchion Payments Solutions. Originally published here. I had the pleasure of growing up in Kenya in the 1970s, so every time I return, it always feels special. Of course, the city of Nairobi has changed a lot, and when I send photos back to the office, some in the

Djamo Secures $17M to Expand Mobile Banking in Francophone Africa

Posted on by kara | 8258 Views | 5 min read
Djamo

Djamo, a financial services app based in Ivory Coast, has raised US$17 million in an equity funding round to expand its banking services for consumers and SMEs in Francophone Africa. Regis Bamba and Hassan Bourgi launched Djamo in 2021. It is designed to provide mobile-first, affordable banking solutions for consumers and small businesses in the