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

Posted on by kara | 8437 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 | 30876 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 | 8403 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 | 5572 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 | 6016 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 | 4163 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 | 6122 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

Central Bank of Nigeria Approves Financial Support for Unity, Providus Banks Merger

Posted on by kara | 5290 Views | 16 min read
Central Bank of Nigeria

The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This strategic move, according to the apex bank, is designed to bolster the stability of Nigeria’s financial system and avert potential systemic risks. The merger is contingent upon

Alternative Bank Unveils Catalytic Capital to Drive Growth in Africa

Posted on by kara | 3815 Views | 8 min read
Alternative Bank

The Alternative Bank is leading the way in promoting sustainable economic growth across Africa through its innovative catalytic capital strategy. This approach was prominently showcased at the recent Africa Social Impact Summit (ASIS) 2024, an event organised by the Sterling One Foundation in collaboration with the United Nations. Catalytic capital, which prioritises social and environmental

African Development Bank Reaffirms Support for Liberia Under New Government

Posted on by kara | 18857 Views | 9 min read
African Development Bank

African Development Bank Executive Director Rufus N. Darkortey has concluded a five-day working visit to Liberia, where he engaged in high-level discussions with key stakeholders, including President Joseph Nyuma Boakai. Representing Liberia, The Gambia, Ghana, Sudan, and Sierra Leone at the Bank, Darkortey also met with Vice President Jeremiah Kpan Koung, Speaker of Parliament Jonathan