Paysend Introduces 50 New Receiving Countries to its Global Payments Network

Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide. Notable additional countries supported by Paysend include: Antigua and

Firstmonie Agents Transact over 1 Billion Transactions, Reinforces FirstBank’s Leading Role in Promoting Financial Inclusion in Nigeria 

The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country   The Bank currently has over 180,000 Firstmonie Agents spread across 772 Local Government Areas in Nigeria Since 2020, FirstBank has economically empowered thousands of its Firstmonie Agents with over 100 billion naira credit facilit First Bank of Nigeria Limited, Nigeria’s

GCB Bank Overtakes Stanbic and Controls 16.74% of the Market in Ghana

GCB Bank has now overtaken Stanbic Bank with significant investments on the Ghana Stock Exchange Fixed Income Market (GFIM) in the first half of this year. The second biggest bank in the country held 16.74% of the debt market, after acquiring ¢3.7 billion worth of debt instruments. The indigenous bank traded more volumes of debt

Ecobank Nigeria Extends Remittance Services to its Business Account Holders

The launch of the service follows the implementation of a seamless account opening procedure for customers who do not have domiciliary accounts with Ecobank Nigeria Ecobank Nigeria (www.Ecobank.com/ng/), an affiliate of the leading Pan-African banking Group, Ecobank Group, has extended its innovative remittance services to its business account holders. Under the new plan, business customers

Nigeria’s Economy Reaps Benefits of Real-Time Payments and Digital Banking Transformation – US$6 Billion of Additional GDP Growth Forecast by 2026 – ACI Worldwide Report

Nigeria is Africa’s undisputed real-time payments and digital payments leader, recording 3.7 billion real-time transactions in 2021 and ranking sixth in the league table of the world’s most developed real-time payments markets, according to the third edition of ACI’s Prime Time for Real-Time report The widespread uptake of new digital and real-time payment services helped

Ecobank wins the coveted Africa’s Best Bank, Africa’s Best Bank for SMEs, and Africa’s Best Digital Bank awards at the prestigious Euromoney Awards.

During the prestigious Euromoney Awards, Ecobank won the coveted titles of ‘Africa’s Best Bank,’ ‘Africa’s Best Bank for SMEs,’ and ‘Africa’s Best Digital Bank.’ The Euromoney Awards for Excellence, which have been running for 30 years, are highly regarded by the global banking industry. Ade Ayeyemi, Chief Executive Officer of Ecobank Group, said:” I am

United Bank for Africa (UBA) Group Expands to EMEA, Launches Banking Operations in Dubai International Financial Centre, Dubai

The UBA branch in the DIFC will service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services The United Bank for Africa (UBA) (www.UBAGroup.com), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20

Fintechs are set to Transform Cross-border Payments in Africa

For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion and growth in a globalised economy, cost and efficiency challenges remain, particularly in Africa. Mark Dankworth, President Business Development Africa at leading pan-African fintech enablement partner, Ukheshe Technologies says fintechs are at the forefront of

Nigerian Startup wins Visa Everywhere Initiative 2022 for Central Europe, Middle East, and Africa Region

Technology-driven agricultural start-up, ThriveAgric, has emerged as the winner of the Central Europe, Middle East, and Africa (CEMEA) Visa Everywhere Initiative (VEI), a global innovation program and competition for start-ups and fintech companies. With this win in the CEMEA region, ThriveAgric will receive a monetary prize and a spot in the Global Finale scheduled to

Interswitch and Compass Plus Technologies Partner to ease Payments Across Africa

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa. The strategic partnership will see Interswitch utilise TranzAxis, an award-winning, token-based, cloud-native and API first open development payments