PAPSS Adoption Promised by CBN for Nigerian Banks in Business Post Nigeria

Posted on by kara | 4215 Views | 5 min read
PAP

PAPSS – the Pan-African Payment and Settlement System is a centralised Financial Market Infrastructure that enables the efficient flow of money securely across African borders, minimising risk and contributing to financial integration across the regions. The organisation collaborates with African central banks to offer payment and settlement solutions that commercial banks and licensed payment service

Stripe-Owned Nigerian Fintech, PayStack, Launches Holding Company, The Stack Group, as it Celebrates 10-Year Anniversary

Posted on by kara | 13378 Views | 15 min read
PAYS

Paystack, the payments company building technology for ambitious businesses across Africa, has announced the launch of The Stack Group (TSG), a new parent holding company that will bring together Paystack and a growing family of tech-focused brands under a single corporate umbrella. TSG has been established to aggregate and support a set of complementary businesses

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

Posted on by kara | 12699 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

Blu Penguin and Network International Power Ghana’s Mobile Money

Posted on by kara | 11164 Views | 17 min read
Blu Penguin

Blu Penguin, a Ghana-based fintech and mobile money aggregator, has joined forces with Network International, a leading enabler of digital commerce across the Middle East and Africa, to bring mobile money capabilities to merchants across Ghana. This strategic collaboration integrates Blu Penguin’s mobile payment technology with Network’s N-Genius™ point-of-sale (POS) terminals, marking a significant step

Cross Switch Launches New Identity to Power Payments Across Emerging Markets

Posted on by kara | 21403 Views | 12 min read

This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum,

Innbucks, with 3 Million Subscribers, Adopts New Tech Platform To Become A “Digital Bank”

Posted on by kara | 18511 Views | 12 min read
Innbucks

Innbucks is migrating its mobile platform to a new technology provider called Mambu. According to a press release, the move is “part of its transformation from a digital wallet solution to a fully integrated digital bank.” With an estimated 3 million subscribers, Innbucks has quickly become one of Zimbabwe’s largest digital wallets, the largest being

Flutterwave Launches Pay With Bank Transfer in Ghana for Secure Business Payments

Posted on by kara | 11401 Views | 5 min read
Flutterwave

Flutterwave, a Nigeria-based payments technology company, has expanded its presence in Ghana by integrating the Pay With Bank Transfer option in collaboration with Affinity Bank. Ghana recorded over 115 million bank transfer payments in 2023. While Mobile Money remains the dominant payment method for daily transactions, the increasing adoption of bank transfers highlights the growing

Navigating the Compounding Complexity of Digital Card Issuing – Stanchion

Posted on by kara | 31935 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

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

Posted on by kara | 8931 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

Affinity Africa Raises $8 Million Seed Funding

Posted on by kara | 7324 Views | 4 min read

Affinity Africa secured $8 million in seed funding, with The London and Cambridge Technology team advising Backed VC on its lead investment. Other investors include Grazia Equity, Enza Capital, Launch Africa, Renew Capital, Finca International, Attijariwafa Ventures, ImpactAssets, and Eldon Capital. Affinity Africa is a Ghanaian fintech that provides banking products to the underserved and