Blu Penguin and Network International Power Ghana’s Mobile Money

Posted on by kara | 13734 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 | 25479 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 | 22905 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 | 12882 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 | 37994 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 | 10307 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 | 8276 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

Flutterwave Releases 2024 Report Highlighting Growth & Innovation

Posted on by kara | 19595 Views | 9 min read
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

USTDA Advances U.S. Digital Banking Technology in Nigeria

Posted on by kara | 8342 Views | 15 min read
USTDA

USTDA Supports Zenith Bank’s Transition to Microsoft’s Azure Cloud Platform The U.S. Trade and Development Agency announced that it has awarded a training grant to Zenith Bank Plc (Zenith) to support institutional skill set transformation as it adopts the Azure hyperscale cloud platform from Washington-based Microsoft Corporation (Microsoft). Zenith’s switch to this technology will increase

Thunes Partners With Access Africa

Posted on by kara | 25062 Views | 10 min read
Thunes

Thunes – a B2B payments infrastructure platform – has announced a partnership with Access Bank to improve cross-border payments in and out of 13 African countries. The collaboration will enable Access Africa to facilitate inbound and outbound cross-border payments in 13 markets: Botswana, Cameroon, the Democratic Republic of the Congo, Gambia, Ghana, Guinea, Kenya, Mozambique,