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

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

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

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

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

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

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

Kony Helps CFG Bank Deliver Digital-First Banking

Powered by Kony DBX, CFG Bank’s Digital Banking App Provides a Unique Digital Experience to Meet Customers’ Modern Banking Needs Kony, Inc., a leading provider of digital banking solutions, and CFG Bank, an innovator in retail commercial banking in Morocco, has announced their collaboration on CFG Bank’s digital banking application. With customers expecting a simple

UnionPay Cards are Now Accepted at ATMs of Morocco’s Largest Bank Attijariwafa

Morocco’s largest bank Attijariwafa has enabled their entire ATM base, numbering 1500 ATM’s to accept UnionPay cards. This development officially increases local ATM acceptance of UnionPay to 45%. The UnionPay cardholders can use their cards to withdraw local currency Morocco Dirham at around 1500 ATMs in the country. As the third largest bank in Africa,

UnionPay Works Closely with Banque Populaire to Improve Cardholders’ Experience in Morocco

UnionPay International has recently concluded a comprehensive cooperation agreement with Banque Populaire, the second largest bank in Morocco. Mr Chen Zhi, Vice Chairman of China UnionPay was delighted to attend the ceremony. Currently, UnionPay cards are accepted at all POS terminals in Morocco, and ATM coverage is increasing rapidly. As one of the emerging popular

UnionPay Cards Will be Fully Accepted at the ATMs of the Largest Commercial Bank in Morocco

UnionPay International and Attijariwafa, the largest commercial bank in Morocco, jointly announced the launch of ATM acceptance in Casablanca, with which all their 2,000 ATMs will soon be enabled to accept UnionPay credit and debit cards. This will increase UnionPay’s ATM acceptance coverage in Morocco from 15% to 45%. Morocco is one of the emerging