eFinance Investment Group and Cassava Technologies Partner to Expand Business in Egypt and Africa

Posted on by kara | 5488 Views | 11 min read
eFinance Investment Group

eFinance Investment Group and Cassava Technologies have signed an agreement to explore and identify opportunities for collaboration and joint expansion across Africa. The signing ceremony took place during the 28th Cairo ICT Exhibition and Conference, which President Abdel Fattah El-Sisi hosted. eFinance Investment Group and Cassava Technologies plan to leverage each other’s respective strengths and

Arrabet Morocco and Skaleet Partner for a New Neo-Bank Offering in Africa

Posted on by kara | 4939 Views | 3 min read
Arrabet

Arrabet, a major player in digital transformation in Morocco, has partnered with Skaleet, a leader in next-generation core banking solutions in Europe and Africa, to launch a new neo-banking offering dedicated to the African market. Arrabet announced the deal in a press release Wednesday. This partnership aims to transform access to digital financial services and

TerraPay and Africa’s enza Form Cross-Border Payments Partnership

Posted on by kara | 6950 Views | 10 min read
TerraPay

TerraPay, a leading money movement company, has partnered with enza, an Africa-focused payments technology firm. The collaboration, announced Wednesday (July 10), is designed to promote financial inclusion in Africa, the companies said in a news release provided to PYMNTS. That means Enza—with offices in South Africa and Egypt—can harness TerraPay’s connectivity to more than 2.1

African Development Bank Appoints Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet

Posted on by kara | 3800 Views | 8 min read
African Development Bank

African Development Bank Group has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet Office, effective 1 July 2024. Dr. Pinto Moreira, a Beninise economist, brings over three decades of experience in macro-fiscal, growth, poverty, economic governance, trade, and competitiveness-related work. His career spans middle-income and low-income countries in the

TBD and Chipper Cash Partner on Cross-Border Payments in Africa

Posted on by kara | 8223 Views | 8 min read
TBD

TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity use cases, the companies said in a Tuesday (May 14) press release. “Across Africa, the challenges of currency liquidity and

Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Posted on by kara | 8897 Views | 12 min read
Mastercard and Amazon

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – a single touchpoint for

Paymob Extends Series B to USD $72 Million as It Maintains Profitable Growth in Its Core Market

Posted on by kara | 8746 Views | 14 min read
Paymob

Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million. The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst. Existing investors PayPal Ventures, BII, FMO, A15, Nclude and Helios Digital Ventures participated in the round, reaffirming

MDP Takes Center Stage as Payments Enabler Africa Sponsor at Africa Fintech Summit Nairobi 2024

Posted on by kara | 5233 Views | 16 min read
MDP

MDP, a leading payments technology provider in the Middle East and Africa, is gearing up to make its mark at the 12th edition of the Africa Fintech Summit, taking place in Nairobi, Kenya, from September 4-6, 2024. The payments technology pioneer is coming on as Africa’s Payment Enabler Sponsor for the second year running. This

Wasoko & MaxAB Complete Landmark Merger

Posted on by kara | 8952 Views | 17 min read
Wasoko

Africa’s Largest Tech Merger Fuels Groundbreaking Expansion From E-Commerce to B2B Digital Services Platform African B2B e-commerce pioneers Wasoko and MaxAB have completed the continent’s largest-ever tech merger following the signing of preliminary terms in Q4 2023. Conducted as an all-stock transaction, the deal establishes a truly Pan-African platform for communities to access essential digital

Paymob and Shopify Join Forces to Accelerate Embedded Payments Opportunity in MENA

Posted on by kara | 10926 Views | 9 min read
Paymob

Paymob, a prominent financial services enabler in the MENA region, has announced the launch of its new embedded checkout experiences for merchants, marking a significant extension of its partnership with the commerce platform Shopify. This new initiative is set to revolutionise the way merchants handle transactions, providing them with advanced card and wallet payment options