Paysend Introduces 50 New Receiving Countries to its Global Payments Network

Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide. Notable additional countries supported by Paysend include: Antigua and

Colombia Real-Time Payment Platform Replicates Latin America Success in Africa

Established Colombian fintech firm Minka has announced that it plans to repeat the success of its Latin America-based real-time payments system across Africa, accelerating and easing the movement of money across the continent and improving financial inclusion. Minka is a seamless payment network that enables organisations to move money in real-time. It simplifies the movement

Mukuru Expands Services and Unlocks Value for Africans with New Campaign

The campaign recognises Africa’s rising global stature in both fintech and sport Mukuru (www.Mukuru.com), a leading next generation financial services platform in Southern Africa, launched a new campaign following the announcement of a series of sponsorships, including English Premier League side Crystal Palace and Springbok legend Tendai “The Beast” Mtawarira. The ad campaign features Crystal

Mama Money Accelerates Global Expansion and Appoints New CEO

Cape Town-based fintech Mama Money is growing fast as it expands globally. This year, its cross-border money transfer volumes have more than doubled compared to the previous quarter with the company aiming to double its market share by developing new services as it enters new regions. From 2018 to 2021, the company’s volume increased by

Divestiture of Standard Chartered Bank Group’s Interest in Zimbabwe

The Reserve Bank of Zimbabwe (the Bank) wishes to advise the public that, Standard Chartered Bank Zimbabwe Limited has formally advised that the Standard Chartered Bank Group has made a decision to divest of its business interest in Zimbabwe. Standard Chartered Bank Zimbabwe Limited has advised that the divestiture from some countries in the Middle

Suspension of Metbank Zimbabwe from Operating as an Authorised Dealer

The Reserve Bank of Zimbabwe (the Bank) wishes to advise the public that it has, with immediate effect, suspended Metbank Limited from operating as an authorised dealer pending full investigations for breach of Exchange Control regulations relating to trading in foreign currency. Metbank Limited will not be permitted to deal in foreign currency, that is

Carrick adds Zambia to growing Suite of African Offices

Carrick Wealth has received its investment license to operate in Zambia, a development which will bring positive benefits to the region. This marks the company’s fifth African country in its growing suite of offices, with presence already established in South Africa, Mauritius, Malawi and Zimbabwe, and shows that Carrick’s bold African expansion plans are taking

Proposed Amalgamation Of CBZ Bank Limited & CBZ Building Society

It is hereby notified, in terms of section 25(4) of the Banking Act [Chapter 24:20], that CBZ Bank Limited and CBZ Building Society, both incorporated under the laws of Zimbabwe and carrying on banking business, have applied to the Minister of Finance & Economic Development in terms of section 25(2) of the Banking Act, for

Cassava Smartech and Comviva Win Silver in Two Categories at Emerging Payments Awards

Cassava Smartech and Comviva won the silver for the Green financial inclusion initiative by mobile money platform EcoCash Cassava Smartech Zimbabwe, trading as EcoCash Holdings Zimbabwe Limited, together with its long-term technology partner Comviva, has won two silver awards at this year’s Emerging Payments Awards. Cassava Smartech and Comviva won the silver for the Green

BancABC Partners with Mastercard and Zimswitch to Transform Zimbabwe’s Payment Landscape

BancABC is the first bank to launch Mastercard and Zimswitch co-branded cards The collaboration will see BancABC introduce several card innovations including a Home and Away card that links to both a local currency and foreign currency account Cards can be used for contactless payments, as well as for e-commerce, thereby minimising contact BancABC Zimbabwe announced