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Paylater, The Nigerian App Providing Access to Credit, Reaches 1 Million Downloads

In Nigeria, a country of nearly 200 million people, 61% of the adult population is un- or underbanked. Fintech companies like Paylater represent a tremendous opportunity to get formal banking Read More →

9mobile Partners Bango to Introduce Mobile Payment Service in Nigeria

Nigerian telco, 9mobile has launched a new payment service, 9pay. This is an operator-billed payment platform for Google Play store users, launched in collaboration with Google, and Bango, the leading Read More →

MTN Rwanda Opens Mobile Money Remittance Corridor to Tanzania

Users of MTN Rwanda will now be able to send money to Tanzania via Mobile Money as the telco has opened the mobile-to-mobile remittance service between Rwanda and Tanzania. MTN Mobile Read More →

Collaboration Forms to Enable Real-Time Cross Border Money Transfers to CEMAC Region

GIMAC, the regional electronic money transfer platform of Central Africa and TerraPay, the world’s first mobile payments switch have signed a strategic partnership agreement that will strengthen the remittances ecosystem Read More →

Cloud and Partnerships Key to Survival for Finservs

Cloud and partnerships key to survival for finservs While financial services institutions have been able to collect huge volumes of data on customers and their behaviours, they need to turn to Read More →

Wirecard and T-Systems Offer Innovative Concept for Connected Shopping

Wirecard and T-Systems are working with retailers on the digital supermarket: The concept is designed to let consumers draw up their shopping list using an app, for example, at home. Read More →

EcoCash Launches Dedicated Wallet for Business Payments

Zimbabwe’s leading mobile money service EcoCash unveiled a dedicated wallet for business payments. The business wallet, which represents the first time in Africa that an enterprise transactions service has been integrated Read More →

Truecaller Eyes Sub-Saharan Africa’s Fintech Market After Acquiring Chillr, an Indian Payment Company

Truecaller said it is looking at ways to enter the Sub-Saharan Africa's fintech market after the success of Truecaller Pay 2.0 in India. Truecaller has acquired Chillr, India's first multi-bank payments Read More →

mPOS Transactions to Represent 24% of All POS Transactions by 2023

A new study from Juniper Research has found that the adoption of mPOS (mobile Point-of-Sale) devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will Read More →

Orange Botswana, EcoCash and TransferTo Team up to Deliver Real-time Mobile Digital Payments

Early this year, Orange Money Botswana and EcoCash launched a new partnership to enable better and more affordable access to digital money transfers between Zimbabwe and Botswana. Powered by TransferTo’s Read More →

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