Mojopay introduces an Innovation Hub to empower Fintech Startups across Africa
An Innovation Hub aimed at supporting and empowering fintech startups across Africa by providing the tools and resources needed to accelerate their growth and success has been officially introduced by Mojo Payments Limited, a licensed Enhanced Payment Service Provider by the Bank of Ghana (BoG).
For commencement, this novelty will seek to empower fintech startups within the MEST Africa Portfolio and will offer a wide range of support services to emerging fintech companies, including legal and compliance guidance, discounted payment processing, business development, and investment readiness.
Mojo Payments is looking to collaborate with partners in the fintech ecosystem to extend these benefits to a broader group of entrepreneurs and startups, helping them scale their products and businesses.
Sudo Africa launches innovative Digital First Card solution to revolutionize Africa’s financial inclusion and payments
Humans’ constant pursuit of convenience, security, and efficiency has driven innovation and transformed our lives. With the internet boom of the late 20th century, online payments became possible, setting the stage for e-commerce transactions. Today, digital cards are gaining more acceptance, offering enhanced security through tokenisation and encryption.
Sudo Africa, a leading fintech startup, provides an Open API for issuing physical and virtual cards for local and international payments is one of the startups leading the cultural shift in payments in Africa.
Read more: https://techcabal.com/2025/03/19/sudo-africa-launches-innovative-digital-first-card/
Stronger bank and fintech collaboration to achieve financial inclusion – Prudential Bank Executive Director
The Executive Director of Retail and Commercial Banking at Prudential Bank has called for stronger collaboration between traditional banks and FinTechs to achieve stronger financial inclusion for Ghanaians.
Ebo Quayson says even though there exist some form of collaboration, traditional banks and FinTech operators need to do more and be deliberate about joining forces to ensure more Ghanaians are onboarded to enjoy seamless financial services in the country.
Mr. Quayson was speaking as a panel member at the 15th Africa Bank 4.0 Summit West Africa Editon held in Accra where participants drawn from the banking and fintech industry, financial services regulators and other financial services stakeholders discussed ways of collaboration to ensure financial inclusion for all.
Mastercard and Google Wallet Unlock Seamless Payments in Pakistan
Mastercard has announced that cardholders in Pakistan can now add their Mastercard cards to Google Wallet for secure and convenient contactless payments. The move marks the first launch of a global mobile wallet in the country, which will strengthen its digital ecosystem and drive the ongoing shift away from cash.
Google Wallet provides consumers with a fast and seamless way to make in-store, in-app and online purchases. It also allows them to easily manage their payment cards as well as various digital credentials, such as tickets, boarding passes and loyalty cards, through Google Wallet, offering a centralized and user-friendly experience.
Apple Brings Tap to Pay to 9 New European Countries
The contactless payment method is now available in Bulgaria, Finland, Hungary, Liechtenstein, Poland, Portugal, Slovakia, Slovenia and Switzerland, the tech giant said Tuesday (March 18).
“With Tap to Pay on iPhone, merchants can accept contactless payments through a supporting iOS app on an iPhone Xs or later running the latest iOS version,” Apple said in a news release.
“At checkout, the merchant will simply prompt the customer to hold their contactless credit or debit card, iPhone or Apple Watch, or other digital wallets near the merchant’s iPhone, and the payment will be securely completed using NFC technology. No additional hardware is needed, so merchants can accept payments from wherever they do business.”
Read more: https://www.pymnts.com/apple/2025/apple-brings-tap-to-pay-to-9-new-european-countries/
Majority of UK businesses intend to improve payments processes in 2025
New research from American Express has found that 78% of UK businesses are planning to improve their payments processes, with 39% doing so as part of strategies to drive growth in 2025.
The ‘Amex Trendex: B2B Payments Edition’, which surveyed 500 decision makers at businesses in the UK, revealed that the majority (94%) agree that “easy, streamlined, and secure payments create happy customers”, and 89% believe they stimulate growth.
Nearly one-third (30%) of respondents identified late or slow payments as a common reason they have stopped working with a specific business, while fraud also affects trust levels.
HitPay integrates India’s UPI to enable seamless payments in Singapore
Singapore-based payment infrastructure firm HitPay has partnered with NPCI International Payments Limited (NIPL) to integrate India’s Unified Payments Interface (UPI) into its platform. This move will enable Singapore merchants to accept UPI payments for both in-store and eCommerce transactions.
The integration gives businesses access to over 450 million UPI users in India, offering a cost-effective alternative that can save merchants up to 50% on fees compared to traditional credit cards.
India is among Singapore’s fastest-growing tourist markets, with 1.2 million Indian travellers visiting the country in 2024.
