Visa Backs Konnect and PayTic After Africa Fintech Accelerator

Posted on by kara | 10764 Views | 14 min read
Visa

Visa, a global leader in digital payments, has announced strategic investments and commercial partnerships with two fintechs following their 12-week engagement through the Visa Africa Fintech Accelerator program, which enables start-ups to scale through training, mentorship, and networking opportunities. Visa’s investments include Konnect, a fintech based in Tunisia which enables seamless, accessible, and instant payments

PayPal and TerraPay Partner to Expand Access to Cross-Border Payments across Middle East and Africa

Posted on by kara | 4679 Views | 10 min read
PayPal

PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by connecting banks, mobile wallets, and financial institutions to make cross-border transactions faster,

Africa’s Digital Payments Economy to Hit $1.5T by 2030

Posted on by kara | 3896 Views | 21 min read
Africa's Digital

Africa’s digital payments economy is set to grow from strength to strength, according to a Mastercard-commissioned report by Genesis Analytics. The report states that the digital payments economy is expected to reach $1.5 trillion by 2030. As a longstanding technology partner to Africa, Mastercard continues strengthening its commitment to the continent’s digital growth through strategic

enza Secures $6.75 Million Investment from Quona Capital and Algebra Ventures to Advance Financial Inclusion in Africa

Posted on by kara | 3872 Views | 13 min read
enza

enza, a leading innovator in African payment solutions, announced today that it has secured a $6.75 million investment in a seed equity round co-led by Algebra Ventures and Quona Capital. This milestone marks the first external funding for enza and will accelerate the company’s mission to “liberate the world of payments for more inclusive, opportunity-led

Navigating the Compounding Complexity of Digital Card Issuing – Stanchion

Posted on by kara | 43167 Views | 39 min read

By: Pierre Aurel, Chief Product Officer, Stanchion Payments Solution.  Originally published here. The number of virtual cards issued worldwide is growing at an unprecedented pace. According to Juniper Research, global virtual card issuance is expected to grow at over 30% annually between 2023 and 2028, driven by relentless consumer demand for seamless, secure and convenient

Cross Switch Leadership to Attend Pay360 in London

Posted on by kara | 8495 Views | 11 min read

Cross Switch, a global provider of payment processing solutions, announces that Tim Davis, Global CEO, and Mark Chirnside, Global Chief Revenue Officer & CEO Africa, will be attending Pay360 in London next week. As one of the more significant gatherings in the payments industry, Pay360 provides a key platform for thought leaders, financial institutions, and

EFTCorp Recognised for ‘Outstanding Contribution to Fintech Enablement’ at the 15th Africa Bank 4.0 Summit in Ghana

Posted on by kara | 11039 Views | 11 min read
EFTCorp

EFTCorp, a trusted partner in modern banking, was honoured with the ‘Outstanding Contribution to Fintech Enablement’ award at the 15th Africa Bank 4.0 Summit—West Africa, held in Accra, Ghana, from 26 to 27 February 2025. The award recognises EFTCorp’s role in advancing fintech innovation and expanding financial inclusion across Africa by providing cutting-edge payment solutions

PayShap: How Real-Time Payments Are Transforming the Economy

Posted on by kara | 5762 Views | 14 min read
PayShap

PayShap is leading the charge as South Africa’s real-time payments landscape transforms. Built on the Rapid Payments Programme (RPP) rails, PayShap has emerged as a key product driving digital transactions, fostering financial inclusion, and accelerating the country’s shift towards a digital economy. Since its launch on March 13, 2023, PayShap has seen phenomenal growth, with

RealPay Drives Digitised Payments Across Africa with Expanded Partnerships

Posted on by kara | 23226 Views | 12 min read
RealPay

RealPay has strengthened its African footprint through expanded partnerships with leading financial institutions. These collaborations leverage innovative technology to promote financial inclusion and drive seamless payment processes across multiple countries. For more information about RealPay, click here. Founded in 2003, RealPay has pioneered time-sensitive payment solutions throughout the continent, helping businesses of all sizes—from small

XPay Teams up With Huawei Cloud to Expand Digital Payments in Egypt

Posted on by kara | 7194 Views | 3 min read
XPay

XPay, a fintech startup, has partnered with Huawei Cloud Services to upgrade digital payment systems for businesses in Egypt. The agreement will expand XPay’s digital payment infrastructure by integrating Huawei’s cloud technology. In the official press release, XPay representatives indicated that the firm’s recent results reflect the confidence businesses have shown in its scalable services.