Verve Hits 70 Million Payment Cards in Nigeria, Consolidates Market Leadership

Posted on by kara | 8476 Views | 17 min read
Verve

Verve International, Africa’s first and largest domestic payments scheme and an emerging reference point in the burgeoning realm of domestic payment schemes globally, has again announced another remarkable new growth milestone, further consolidating its growing market share in Nigeria in terms of payment card issuance and transactions. Verve Payment Cards in Nigeria, Africa’s largest consumer

Thunes Partners With Access Africa

Posted on by kara | 29500 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,

TBD and Chipper Cash Partner on Cross-Border Payments in Africa

Posted on by kara | 9142 Views | 8 min read
TBD

TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity use cases, the companies said in a Tuesday (May 14) press release. “Across Africa, the challenges of currency liquidity and

KaiOS Technologies’ Affordable Smart-Feature Phones Will Leverage Mastercard’s Payment Technology, Boosting Digital Economy Growth

Posted on by kara | 8747 Views | 15 min read
Kaios Technologies

KaiOS Technologies, a leading operating system that brings the best of the internet to affordable devices, today announced a collaboration with Mastercard to integrate various digital payment solutions. Beginning in Cote d’Ivoire and Nigeria, Mastercard, and KaiOS Technologies will deliver affordable payment acceptance devices and stimulate the growth of a more inclusive, connected global economy.

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

Posted on by kara | 32666 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

PalmPay Rolls Out USSD Service to Empower Users with Enhanced Financial Access and Account Security

Posted on by kara | 8696 Views | 6 min read
PalmPay

PalmPay, a leading financial platform with over 30 million users in Nigeria, has launched its USSD code service. This new feature allows Nigerians to manage their finances without needing internet access. By dialing *861# from their mobile phones, customers can now carry out a wide range of banking transactions. PalmPay, operating in Nigeria since 2019

FCMB Nigeria Drives Growth and Loyalty Through Conversational Banking With Infobip

Posted on by kara | 5913 Views | 13 min read
FCMB

FCMB Client Background First City Monument Bank (FCMB) is a full-service banking institution headquartered in Lagos, Nigeria offering market-proven solutions that drive digital transformation in the banking sector. FCMB offers a diverse range of financial services, including retail banking, corporate banking, and investment banking. With a strong presence across Nigeria, FCMB is dedicated to enhancing

Nigerian Fintech Grey Partners dLocal to Drive Expansion Into New Emerging Markets

Posted on by kara | 6405 Views | 5 min read
Nigerian Fintech

Nigerian fintech startup Grey has partnered leading cross-border payment platform dLocal to drive expansion into new emerging markets. Launched in 2021 by Idorenyin Obong and Femi Aghedo, Grey offers an international money transfer service that enables its users to send and receive international payments without restrictions quickly. Its products include foreign bank accounts, instant currency

MANSA Partners With Bitmama to Improve Cross-Border Payments in Africa

Posted on by kara | 4419 Views | 7 min read
MANSA

MANSA, a decentralized finance platform focused on cross-border payments, has partnered with blockchain payment platform Bitmama. In essence, the collaboration aims to improve access to cross-border payment services across Africa. According to the official press release, establishing cross-border payment services in Africa presents significant challenges, primarily due to the need for pre-funded accounts in multiple

Africa’s Payment Landscape: Interswitch and ACI Worldwide Deepen Strategic Partnership to Revolutionise the Sector

Posted on by kara | 6354 Views | 14 min read
Africa's Payment Landscape

Africa’s payment landscape has undergone significant transformations in recent years, driven by technological advancements, changing consumer behaviour, and the rise of fintechs. Amid this evolution, Interswitch Group, one of the continent’s leading integrated payments and digital commerce companies, has strengthened its longstanding partnership with ACI Worldwide, a global leader in real-time payments software, to unlock