CRDB Bank Signs Three Landmark Partnerships to Advance Inclusive Finance and Sustainable Development across Africa

Posted on by kara | 122 Views | 20 min read
CRDB

CRDB Bank has entered three landmark partnerships with leading development finance institutions, FinDev Canada, DEG (KfW Group, Germany), and Shelter Afrique Development Bank (ShafDB), marking a significant milestone in its transformation journey to advance inclusive and sustainable finance across Africa. The Memoranda of Understanding (MoUs) were signed during the CRDB Bank Investors and Partners Forum,

PalmPay Named One of the World’s Top 300 Fintech Companies of 2025 by CNBC & Statista

Posted on by kara | 1938 Views | 15 min read
Palm

PalmPay, a leading neobank and fintech platform focused on emerging markets, has been recognised in CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second consecutive year that PalmPay has earned a place among the world’s most innovative and impactful financial technology firms. The selection is based on a rigorous evaluation

I&M Bank Launches Tanzania’s First Mastercard World Elite Debit and Multi-Currency Prepaid Cards on OpenWay’s Way4 Platform

Posted on by kara | 2376 Views | 10 min read
I&M

I&M Bank Tanzania, in partnership with Mastercard and OpenWay, today announced the launch of the country’s first Mastercard World Elite debit and multi-currency prepaid cards, powered by the Way4 digital payments platform from OpenWay. The new cards are designed to meet the evolving needs of Tanzania’s affluent and middle-market customers, offering lifestyle privileges, enhanced payment

Equity Bank Named Best Regional Bank in East Africa

Posted on by kara | 5167 Views | 17 min read
Equity

Equity Bank has been awarded Best Regional Bank in East Africa at the prestigious 2025 African Banker Awards, hosted in Abidjan, Côte d’Ivoire. This accolade recognises the bank’s outstanding contribution to expanding access to financial services, empowering communities, and driving sustainable economic growth across East Africa. The annual African Banker Awards, now in their 19th

TCB Joins Stanbic, Enters Ramani’s Marketplace for SMBs

Posted on by kara | 3322 Views | 17 min read
TCB

TCB has partnered strategically with Ramani, a leading African Y Combinator-backed supply chain financing platform, to enhance financial access for small and medium-sized businesses (SMBs). Tanzania Commercial Bank joins Ramani’s Financial Marketplace as its second capital partner to provide scalable supply chain financing to micro-distribution centres (MDCs) of leading Fast-Moving Consumer Goods brands such as

Navigating the Compounding Complexity of Digital Card Issuing – Stanchion

Posted on by kara | 20796 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

IFC Teams Up With Standard Bank and Rand Merchant Bank to Boost Local Currency Financing in Africa

Posted on by kara | 12044 Views | 8 min read
IFC

IFC, a member of the World Bank Group, has partnered with Standard Bank and Rand Merchant Bank (RMB) to help expand local currency financing for private businesses across Africa. IFC will collaborate with Standard Bank and RMB on cross-currency swaps to manage currency exposure related to its local currency lending. This hedging allows IFC to

PayRetailers Expands Further Into Africa, Boosting Financial Inclusion Across Eight Additional Key Markets

Posted on by kara | 18460 Views | 9 min read
PayRetailers

Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions. PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the company offers a unified simple

Mastercard Advocates Financial Inclusion and Economic Growth at Tanzania Industry Forum

Posted on by kara | 5500 Views | 14 min read
Mastercard

Mastercard hosted its inaugural Tanzania Industry Forum in Dar es Salaam, bringing together key stakeholders and thought leaders in the fintech industry to explore the dynamic financial and technology landscape and foster impactful collaborations in Tanzania. The event underscored Mastercard’s commitment to advancing economic growth through innovative digital payment solutions and strategic collaborations in the

Sabipay Technologies Gets Payments Licence in Zambia

Posted on by kara | 17368 Views | 6 min read
Sabipay Technologies

Sabipay Technologies, a subsidiary of fintech Pesapal Limited, has been granted a payments system business licence by the Bank of Zambia. The fintech announced the development yesterday, stating that it signals a significant extension of Pesapal’s presence in the Zambian payments landscape. The payments system business license, according to Pesapal, is a crucial approval that