PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista

Posted on by kara | 8761 Views | 11 min read

PalmPay, a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay’s rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology.

What are Account-to-Account Payments? – Mono

Posted on by kara | 3786 Views | 36 min read

Account-to-account (A2A) payments are an online payment method that allows you to directly transfer money from one account to another without using third parties or alternative payment intermediaries, such as cards. Account-to-account payments aren’t new; they have been around since the 1970s. They are usually in the form of direct bank transfers at traditional financial

Interswitch and ACI Worldwide Deepen Strategic Partnership to Revolutionize Africa’s Payments Landscape

Posted on by kara | 5478 Views | 14 min read

Africa’s payments ecosystem has undergone significant transformations in recent years, driven by technological advancements, changing consumer behaviour, and the evolution of fintechs. In this evolving landscape, Interswitch Group, one of the continent’s leading integrated payments and digital commerce companies, has reinforced its longstanding partnership with ACI Worldwide, a global leader in real-time payments software, to

With Giants Campaign, FirstBank Is Truly Woven Into the Fabric of Society

Posted on by kara | 3972 Views | 40 min read

The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and outside Nigeria. In its usual creative conjecture, 13O-year-old FirstBank, has hit the airwaves and other

The Future of Cross-Border Payment: Traditional vs Digital – Verto

Posted on by kara | 9030 Views | 14 min read

As the world of finance evolves into the digital age, businesses now have the luxury of choosing platforms that offer convenience and efficiency in managing their finances. Companies dealing with clients in other markets can opt for digital payment systems for cross-border transactions, which promote speed, safety and cost savings. Africa is experiencing an increase

Mama Money Partners With Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card

Posted on by kara | 15854 Views | 10 min read

Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money, one of Africa’s leading cross-border money transfer operators, and Access Bank, to launch a pioneering new bank card service that stands out for its innovative use of WhatsApp banking. Through its integration with WhatsApp, the Mama Money Card allows you to transfer

Fintech Giant – Moniepoint – Ranked as Africa’s Fastest Growing Fintech by the Financial Times for the Second Consecutive Year

Posted on by kara | 17484 Views | 9 min read

World’s leading financial publication confirms Moniepoint’s rapid revenue growth Moniepoint Inc. (“the Company” or “Moniepoint”), announces it has been ranked by the Financial Times as Africa’s fastest-growing fintech. The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released yesterday. It is the second consecutive year Moniepoint has achieved

Unleashing Economic Potential: The Soaring Growth of Cross-Border Payments in Africa – Synthesis

Posted on by kara | 37949 Views | 22 min read

By Arthi Narayanan, Lead Payments Consultant at Synthesis The pivotal role of digital accessibility for goods and services has become abundantly clear over the past few years. The global economy, now more than ever, relies on the seamless flow of transactions across borders. Whether it involves individuals, businesses, or financial institutions spanning different countries, the

PalmPay Drives Financial Inclusion With Cost-Saving Benefits for Users

Posted on by kara | 14148 Views | 10 min read

In its continued drive for financial inclusion across Nigerian communities, Africa-focused fintech platform PalmPay has unveiled two cost-saving financial products – Unlimited Free Transfer and Target Savings – for users of its app. With the new financial products, users of the PalmPay app can now enjoy unlimited free transfers to all banks in the country

Unlimit Secures Payments Licence in Tanzania and Further Expands Presence in Africa

Posted on by Staff Reporter | 35063 Views | 7 min read

Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (“BOT”) licence, marking another significant step in the company’s expansion within the region. The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range