RealPay Drives Digitised Payments Across Africa with Expanded Partnerships

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

Flutterwave Secures Payment System License in Zambia

Flutterwave

Flutterwave, a Nigeria-based payments technology company, has obtained a Payment System License from the Bank of Zambia, allowing it to provide mobile money services. This license enables the company to facilitate local and international business transactions while supporting financial inclusion and economic activity. Zambia’s digital payments sector is growing, with mobile money contributing to nearly

African Development Bank & Standard Bank Support SMMEs

African Development Bank

African Development Bank Group and Standard Bank Group signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) and expand trade across Africa. The agreement includes a R3.6 billion investment in a social bond and a $200 million Risk Participation Agreement (RPA) for Standard Bank of South Africa Limited (SBSA).

Stitch Partners With Standard Bank’s Shyft to Enable Instant Wallet Top-Ups

Stitch

Stitch has partnered with the Shyft team to offer instant top-ups on the Shyft wallet, providing customers from any bank with more immediate access to funds for global transactions. Payments infrastructure company Stitch has partnered with Standard Bank’s Shyft, the global money app, to enable instant top-ups on the Shyft wallet for customers from any

SA Banks Need an App Overhaul to Stay Generationally Relevant

SA Banks

SA Banks are facing a significant shift in technology and in how different groups of customers engage with it. While banks have invested heavily in protecting their customers against fraud, this focus has unintentionally slowed down spending in other areas. As a result, the cracks in the system are starting to become more visible. Currently,

Postbank & SASSA Announce Deadline for Replacing Gold Cards

Postbank

Postbank and SASSA appeal to social grant beneficiaries to replace their SASSA Gold Cards with the new Postbank Black Cards by 28 February 2025. Beneficiaries who fail to get Postbank Black Cards before the deadline are advised that they will not be able to access their SASSA grant payments with the SASSA Gold Cards. After

Lesaka Technologies: Fintech Bridging Gaps for Township Merchants

Lesaka Technologies

Lesaka Technologies highlights that merchants in South Africa’s cash-driven township and rural economy remain underserved by mainstream financial services. This gap creates a significant opportunity for fintech companies to develop solutions addressing these merchants’ specific pain points, enabling them to serve their customers more efficiently and effectively. Lincoln Mali, CEO of Lesaka Technologies, emphasised this

Flutterwave Releases 2024 Report Highlighting Growth & Innovation

Flutterwave

Flutterwave, Africa’s leading fintech company, has unveiled its 2024 end-of-year report detailing significant achievements in global expansion, technological innovation, and customer success. The report underscores the company’s growing influence in the global fintech landscape, cementing its position as a key player in the payments technology sector. Founded in 2016, Flutterwave has become a powerhouse in African enterprise

AFS and Nsano Partner to Transform Card Payments in Africa

AFS

AFS (Arab Financial Services), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, signed a strategic partnership with Nsano, a leading pan-African payment processor and mobile money aggregator headquartered in Accra. This collaboration aims to expand digital payment options across Sub-Saharan Africa by leveraging the combined expertise of both companies.

Eliminating Technology Debt in Digital Payments: Why SaaS is the Future

As digital payments evolve, financial institutions face a major challenge: balancing innovation with maintaining existing IT assets. However, as Dr. John Wamai, Director at Equity Bank, warns in his recent LinkedIn post: “The pressure and urge to ‘sweat’ and maximize IT assets often lead to outdated and inefficient systems, temporary fixes, and poor integration—ultimately misaligning