Mastercard Partners With NAPS to Drive Innovation Across Morocco’s Digital Payments Landscape

Posted on by Staff Reporter | 8913 Views | 10 min read

As Mastercard’s partner, NAPS benefits from access to its extensive network, expertise and wide-ranging portfolio of products and services Mastercard and NAPS, a leading Moroccan fintech company, have initiated a collaboration to develop innovative payment solutions for individuals and businesses. The partnership consolidates the strong historical relationship between the two entities. NAPS is on a

Mastercard New Payments Index 2022: Consumers in Morocco Embrace Digital Payments

Posted on by Staff Reporter | 18400 Views | 26 min read

75% of consumers in Morocco have used at least one emerging payment method in the last year, with usage expected to increase further Adoption of biometrics, Buy Now Pay Later (BNPL), open banking and account-to-account payments are anticipated to continue accelerating Gen Z and Millennials are leveraging more digital payment methods and are more open

Colombia Real-Time Payment Platform Replicates Latin America Success in Africa

Posted on by Staff Reporter | 41123 Views | 20 min read

Established Colombian fintech firm Minka has announced that it plans to repeat the success of its Latin America-based real-time payments system across Africa, accelerating and easing the movement of money across the continent and improving financial inclusion. Minka is a seamless payment network that enables organisations to move money in real-time. It simplifies the movement

Paysend Partners with Damane Cash to Enable Transfers to Morocco

Posted on by Staff Reporter | 21893 Views | 3 min read

Paysend, the UK-based FinTech with over 7 million customers, today announces a partnership with Damane Cash, a payments institution and subsidiary of Bank of Africa, to enable money transfers to Morocco. With features such as low fixed fees, upfront exchange rates, faster transfer speeds and the ability to make instant, digital end-to-end international payments, this

Mastercard and OPay Announce Strategic Partnership to Grow Cashless Ecosystem and Advance Digital Financial Inclusion for Millions

Posted on by Staff Reporter | 32713 Views | 14 min read

Partnership will enable OPay customers to pay on global online platforms backed by Mastercard’s secure Mastercard virtual payment solution linked to the OPay wallet OPay consumers will enjoy a superior digital experience for multiple lifestyle services and new digital commerce opportunities for, with or without a bank account In addition to digital commerce enablement, the

Skaleet and Mobiblanc Announce Partnership for a Cutting-Edge Technology to Serve Banks Across Africa

Posted on by Staff Reporter | 18338 Views | 10 min read

The partnership will ensure that financial institutions have the capacities to launch new digital and innovative financial solutions that they can provide to their customers. Skaleet (www.Skaleet.com), an international fintech providing a next-generation Core Banking Platform (CBP), has partnered today with Mobiblanc, an Agile Digital Services Entreprise (ESN), to offer turnkey solutions to financial institutions

Morocco’s Al Mada Launches Pan-African $109.5 Million VC Fund

Posted on by Staff Reporter | 8993 Views | 8 min read

Morocco-based Al Mada Holding Group has launched a $109.8 million pan-African venture capital fund to invest in fast-growing startups. The new VC fund aims to develop promising technology-oriented startups in fintech, healthtech, logistics, edtech, and renewable energy. In addition to providing direct funding, the Al Mada venture fund will equally offer startups access to the

HPS Completes the Acquisition of IPRC

Posted on by Staff Writer | 4324 Views | 5 min read

Completion of IPRC acquisition HPS Group has announced the completion of the acquisition of IPRC, announced on July 9th. Following the lifting of the last suspensive conditions related to administrative authorizations as dictated by the regulations in force, HPS and IPRC proceeded on January 7th , 2021 to the signing of the reiterative deed of sale

Comviva Powers Mobile Money Service ‘inwi money’ in Morocco

Posted on by Staff Writer | 3905 Views | 11 min read

To provide easy, fast and more convenient digital financial services to millions of Moroccans inwi, Moroccan telecom operator known for its digital innovations, has recently launched its mobile money service “inwimoney”. The service works on Comviva’s mobiquity® Money, one of the world’s largest mobile money platform. The service offers consumers a quick, convenient and secure way

EBRD Backs Moroccan Firm Delivering Payments Systems

Posted on by Staff Writer | 3744 Views | 6 min read

The EBRD is continuing its drive to increase the efficiency of Morocco’s small and medium sized enterprises by raising the competitiveness of Societe Maghrebine de Monetique S.A (S2M), a Moroccan firm that develops e-payments systems and is listed on the Morocco stock exchange. Under the Bank’s Blue Ribbon programme, a €2 million loan will further