DisrupTech Ventures Invests in Morocco’s Chari to Expand Fintech Inclusion Across Africa

Posted on by kara | 4148 Views | 15 min read
Disrup

DisrupTech Ventures, a leading early-stage fintech venture capital fund, has announced its investment in Chari, a Y Combinator–backed startup that is transforming Morocco’s fragmented retail sector into a nationwide fintech and commerce network. The investment marks DisrupTech’s first entry into the Moroccan market and its second investment in Africa outside of Egypt, reinforcing the fund’s

Bank of Algeria Joins PAPSS Ahead of IATF 2025

Posted on by kara | 9686 Views | 18 min read
Bank of Algeria

Bank of Algeria has officially joined the Pan-African Payment and Settlement System (PAPSS), marking a major milestone in Africa’s journey toward seamless financial integration. PAPSS, an initiative launched by the African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, is designed to facilitate

Cross Switch Launches New Identity to Power Payments Across Emerging Markets

Posted on by kara | 21440 Views | 12 min read

This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum,

British Bank Standard Chartered Officially Opens Representative Office in Morocco

Posted on by kara | 4799 Views | 8 min read
British bank

British bank Standard Chartered announced today the official opening of a new representative office in Casablanca, Morocco, further growing its presence in the Middle East and North Africa region. The move follows Bank Al-Maghrib’s approval of its license and the award of Casablanca Finance City (CFC) status by the Casablanca Finance City Authority. The new

Credit du Maroc and Mastercard Sign Strategic Partnership to Advance Digital Transformation in Morocco

Posted on by kara | 6469 Views | 8 min read

Credit du Maroc and Mastercard have signed a strategic partnership agreement to bring new technologies to the market, contribute to advancing the bank’s digital transformation, and provide personalized solutions to its customers. Both banking giants state that this partnership aims to address the daily financial needs of Moroccans and reinforce the bank’s position as an

HPS Expands Global Reach and Capabilities in Digital Banking and Payment Software With Acquisition of CR2 Limited

Posted on by kara | 22931 Views | 16 min read

HPS, a leading global provider of payment software and solutions, is pleased to announce that it has agreed to acquire CR2, a prominent digital banking and payments software company headquartered in Dublin, Ireland. This strategic transaction underscores HPS’s commitment to enhancing its digital banking and payments capabilities, further solidifying its position as a leading global

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

Posted on by Staff Reporter | 19678 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 | 24257 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 | 69720 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 | 27601 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