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Mastercard Partners with Spazapp to Bring Mobile Payments to Informal Traders

Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure, seamless and convenient mobile payments to thousands of informal traders and convenience stores, better known as spaza shops, in Read More →

Huge Growth in the Scale of Operations is on the Cards for Entersekt

A combination of innovation, talent and investor savvy has propelled a Stellenbosch tech firm to the forefront of the international mobile security and authentication industry. Entersekt protects digital service providers and Read More →

UnionPay is accepted at all ATMs in Egypt and will be available at 40% of merchants

UnionPay International announced today that it has reached cooperation with Banque Misr in Egypt. The two sides have agreed to enable UnionPay acceptance at all the Bank’s local merchants by Read More →

Mastercard and FSD Uganda Partner to Develop Financial Services

Over half of Uganda’s adults are forced to keep their savings at home because of a lack of access to formal financial services. Not only is this not safe, but Read More →

FirstBank Leads Payment Cards Issuance in Nigeria

First Bank of Nigeria has been named the first financial institution in Nigeria and the West-Africa sub-region to issue 10 million cards to customers across the country. This makes FirstBank Read More →

Direct Pay Online Group Receives Second Investment of $5M from Apis

Direct Pay Online Group (DPO) has received a second investment of $5M from the UK based private equity fund, Apis Partners. This investment, which follows the initial $10M investment made Read More →

New SA Fintech Enables Free Peer-to-Peer Email and Mobile Payments

South Africa has just got its own version of Venmo, one of the US’s most successful payment platforms owned by PayPal that processes $25 billion in person to person payments Read More →

Banking Customers Embracing In-Branch Digital Banking Channels

Banking customers who traditionally bank via branches are embracing in-branch digital banking channels, says First National Bank (FNB). The bank says its customers are increasingly using its spread of in-branch Digital Read More →

Mastercard Collaborates with Yoco to Roll Out 15,000 mPoS Devices in South Africa

Mastercard has announced a collaboration with South African fintech company Yoco to roll out 15,000 mobile Point of Sale (mPOS) devices to small and medium-sized businesses by the end of the Read More →

Mama Money Introduces Photo Based FICA Registration

The South African-based fintech startup that offers the cheapest cross border money transfer rates into key African countries and now into India, has introduced the easiest online registration process using Read More →

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