RealPay Drives Digitised Payments Across Africa with Expanded Partnerships

RealPay

RealPay has strengthened its African footprint through expanded partnerships with leading financial institutions. These collaborations leverage innovative technology to promote financial inclusion and drive seamless payment processes across multiple countries. For more information about RealPay, click here. Founded in 2003, RealPay has pioneered time-sensitive payment solutions throughout the continent, helping businesses of all sizes—from small

Network International Appointed as Payment Processing Partner by MTN Group Fintech

Network International

Network International, a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor and issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider. This partnership marks a significant extension of Network’s portfolio of issuer processing collaborations throughout the African continent. With a footprint

Eliminating Technology Debt in Digital Payments: Why SaaS is the Future

As digital payments evolve, financial institutions face a major challenge: balancing innovation with maintaining existing IT assets. However, as Dr. John Wamai, Director at Equity Bank, warns in his recent LinkedIn post: “The pressure and urge to ‘sweat’ and maximize IT assets often lead to outdated and inefficient systems, temporary fixes, and poor integration—ultimately misaligning

Mukuru Launches Mobile Wallet in Zimbabwe to Bolster Financial Inclusion

Mukuru

Mukuru has launched a mobile wallet in Zimbabwe called Mukuru Wallet. The secure digital store of value follows Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe by the Reserve Bank of Zimbabwe. Building on Mukuru’s trusted capabilities, which support more than three-million Zimbabwean customers, the wallet has several benefits, including its standout

Safaricom Enhances Cross-Border Money Transfers in Ethiopia with M-PESA Global

Safaricom

Safaricom has expanded M-PESA Kenya’s International Money Transfer (IMT) service to Ethiopia, enabling customers to send money from Kenya to Ethiopia via M-PESA Global. Through this expansion, the two companies aim to increase mobile money use and penetration across Ethiopia, boosting local economies and creating opportunities for individuals and businesses across the region. Safaricom Kenya’s

Mukuru Introduces Mobile Wallet in Malawi to Elevate International Transfer Efficiency and Financial Access

Mukuru

Mukuru, a leading financial services platform providing world-class fintech technology to customers globally, has announced the launch of its new mobile wallet launch in Malawi: the Mukuru Wallet. This move aligns with the business’s unwavering commitment to Malawi and responds to the growing demand for a digital store of value among cash-dependent citizens who have

Ecentric Drives Innovation in in Person Payments, Targeting Retail Growth With Data-Driven Solutions

Ecentric

Ecentric, a leading omnichannel payments provider, has announced significant enhancements to its In Person Payments platform to improve performance and reliability, meet customer requirements around reporting and analytics, and drive growth as the company extends its offering to Tier 2 retailers in the local market. “Ecentric is committed to continuously innovating the In Person Payments

Kenya’s Lending Landscape Sees Surge in Mobile Loans as Overdrafts and Asset Finance Tightens – TransUnion

Kenya's

Kenya’s consumer lending market, according to TransUnion Kenya’s Q1 2024 Market Analytics Report, reflected a mix of resilience and optimism in the first quarter of this year. This growth has been driven by lenders who, equipped with deeper insights and advanced tools, have adapted to the evolving regulatory environment. As a result, they are now

Mastercard and MTN Group Partner on Mobile Payments in Africa

Mastercard

Mastercard and MTN Group Fintech have partnered to help consumers and small businesses across Africa transact through mobile payments. The companies said in a press release on Wednesday (Feb. 28) that with this partnership, Mastercard’s technology will support MTN’s FinTech platform, which has 290 million subscribers and 60 million active monthly MTN Mobile Money (MTN

Fintech SA: The Rise of Innovation Beyond Payments to Transform Access and Opportunities for Startups

Fintech SA

Fintech SA has revolutionised the landscape for startups and small businesses that, two decades ago, had limited options for processing transactions, with cash being the only option for many. Startups by their very nature also lacked credit histories, making it difficult to apply for finance and leaving them vulnerable to unaffordable loans when seeking financial