Nedbank and Mastercard Sign 10-Year Deal to Transform Digital Payments in Southern Africa

Posted on by kara | 3081 Views | 9 min read
Nedban

Nedbank and Mastercard announced a landmark 10-year commercial agreement that expands their long-standing collaboration across Southern African. The agreement spans South Africa, Zimbabwe, Namibia, Eswatini, Lesotho and Mozambique, and will bring enhanced digital payment experiences to customers and businesses across the region. Under the agreement, the bank will leverage Mastercard’s global technology expertise and payments

Mama Money Partners with Capitec to Make Sending Money Home Even Easier

Posted on by kara | 15225 Views | 19 min read
Mama

Mama Money has officially partnered with Capitec to make it easier, safer, and more affordable for migrants in South Africa to send money home. This powerful collaboration brings together Mama Money’s inclusive remittance platform and Capitec’s trusted digital banking services, creating a solution designed with people at its heart. At its core, this partnership is

EFT Corporation Enables Kenya’s SACCO Sector to Advance Digital Access

Posted on by kara | 8208 Views | 16 min read
EFT

EFT Corporation, a leading African payment solutions provider with over 100 million end users and more than $33 billion in annual transaction volume, has announced a landmark partnership with some of Kenya’s most prominent SACCOs to co-create a shared digital payments platform. The announcement was made during the EFT Connect: Kenya event, held in Nairobi

Mukuru Named FXC Intelligence Top 100 Cross-Border Payments Company for Sixth Year

Posted on by kara | 3587 Views | 11 min read
Mukuru

Mukuru, a leading next-generation financial services platform, has once again been recognised among the world’s most influential cross-border payment companies, earning a spot on the 2025 FXC Intelligence Cross-Border Payments 100 list for the sixth consecutive year. Mukuru joins an elite group of global fintechs shaping the future of financial services, reinforcing its reputation as

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

Posted on by kara | 18472 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

EmpowerBank Limited Is Driving Digital Empowerment in Zimbabwe Through Its Partnership With EFTCorp.

Posted on by kara | 3918 Views | 18 min read
EmpowerBank

In a country where over 60% of the population is under 25 and women remain underserved by formal banking, access to financial services can be a life-changing enabler. EmpowerBank Limited, Zimbabwe’s youth-focused microfinance institution, is meeting that need head-on by building a future where young people, including women, are equipped with the financial tools, knowledge,

Navigating the Compounding Complexity of Digital Card Issuing – Stanchion

Posted on by kara | 31883 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

Mukuru Launches Mobile Wallet in Zimbabwe to Bolster Financial Inclusion

Posted on by kara | 4995 Views | 13 min read
Mukuru

Mukuru has launched a mobile wallet in Zimbabwe called Mukuru Wallet. The secure digital store of value follows Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe by the Reserve Bank of Zimbabwe. Building on Mukuru’s trusted capabilities, which support more than three-million Zimbabwean customers, the wallet has several benefits, including its standout

TDB Group Extends $20MLN Facility to CBZ Bank, Zimbabwe

Posted on by kara | 4843 Views | 9 min read
TDB Group

TDB Group, the Eastern and Southern African Trade and Development Bank Group has extended a USD 20 million revolving line of credit to CBZ Bank Limited to support loans for export and hard currency sectors. The facility will be used by CBZ Bank to provide loans to eligible customers operating in key export and hard currency

The Future of Cross-Border Payment: Traditional vs Digital – Verto

Posted on by kara | 11477 Views | 14 min read

As the world of finance evolves into the digital age, businesses now have the luxury of choosing platforms that offer convenience and efficiency in managing their finances. Companies dealing with clients in other markets can opt for digital payment systems for cross-border transactions, which promote speed, safety and cost savings. Africa is experiencing an increase