KCB Group Plc today announced that it has entered into a definitive agreement to invest in Pesapal Limited (Pesapal), marking a significant milestone for the financial and digital payments landscape across Africa. The proposed investment is expected to accelerate commerce, expand financial inclusion, and help unlock new pathways to prosperity for businesses of all sizes
Thunes, the Smart Superhighway to move money around the world, and Ecobank Group, the leading pan-African financial institution, have announced a major collaboration designed to revolutionise cross-border payments for millions of individuals and businesses across Sub-Saharan Africa. This partnership marks the operational launch of the landmark memorandum of understanding (MoU) signed in 2024 between Ecobank
PayJustNow, a South African fintech startup, has gone live on Takealot ahead of Black Friday on November 28. The integration lets Takealot shoppers split purchases into instalments, aligning flexible payments with a peak retail moment. Both companies frame the move as consumer-friendly at a time of tighter household budgets. Pioneering BNPL in South Africa Founded
RealPay TurnKey: Payments and inventory on one powerful platform Africa’s digital economy is evolving rapidly – with the digital payments sector expected to reach $1.5 trillion by 2030. Businesses across the continent are looking to modernise operations without costly delays or custom systems. That is where RealPay TurnKey comes in: a fully integrated payments and
Wave Mobile Money has taken a major strategic step in West Africa by incorporating a formal banking entity in Côte d’Ivoire, signalling an intentional evolution from its original mobile-money model toward balance-sheet-driven financial services. A legal notice confirms that WAVE BANK AFRICA S.A. was constituted on 4 August 2025 and officially registered on 22 August,
As South Africa’s payments landscape evolves, integrating informal and Co-operative Banking Institutions into the formal financial system remains a critical barrier to inclusive economic growth. MoData, a payments technology enabler with deep roots in cash and digital payments infrastructure, offers scalable solutions, strategic consulting, and ecosystem engagement which can help bring key stakeholders like Co-operative
FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, has announced the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT App. This milestone marks a major step forward in advancing seamless, secure, and real-time cross-border payments across Africa — empowering
Tether, the largest company in the digital asset industry, has announced a strategic investment in Kotani Pay, a leading Crypto Asset Service Provider (CASP) that offers on-ramp and off-ramp infrastructure connecting Web3 users to local payment channels across Africa. The partnership represents a significant step toward empowering individuals and businesses across the continent by improving
SPAYZ.io, a leading provider of innovative payment solutions, has announced its strategic expansion into three new African markets – South Africa, Egypt, and Cameroon. This marks another major step in the fintech company’s mission to transform digital commerce across Africa’s emerging economies by delivering tailored, localised payment solutions that address unique market needs. Over the
Moniepoint Inc., Africa’s all-in-one financial platform for businesses and their customers, has announced the successful close of its Series C funding round, securing more than US$200 million in equity financing. The investment underscores Moniepoint’s rapid growth, sustained profitability, and meaningful impact, and will enable the Company to advance its mission of powering the financial dreams
