Crossfin invests in South Africa’s DigiSquad to expand digital payments in underserved markets
Crossfin, the venture capital arm of South African fintech Crossfin, has invested in DigiSquad, a Johannesburg-based payments advisory and platform provider focused on underserved African markets. Although the investment amount remains undisclosed, the capital injection will drive DigiSquad’s plans to expand financial inclusion across the African continent, targeting both public and private sector clients.
Founded in 2015 by Bishmen Kumalo, DigiSquad provides advisory, consulting, product development, and data analytics services to clients across Africa and the United States. The company claims it is bridging the gaps in financial inclusion by designing products tailored for communities ignored by traditional financial institutions.
Read more: https://techcabal.com/2025/04/23/crossfin-backs-digisquad/
BoG to begin cryptocurrency regulation in Ghana by September 2025
The Bank of Ghana (BoG) Governor, Dr Johnson Asiama, has announced that the central bank is expected to commence regulation of cryptocurrency and related platforms by the end of September 2025.
Speaking at the African Leaders and Partners Forum organised by the EBII Group on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C., he explained that the move is contingent on the passage of the Virtual Asset Providers Act.
Read more: https://www.myjoyonline.com/bog-to-begin-cryptocurrency-regulation-in-ghana-by-september-2025/
Egypt: Tanmeyah, Aman Holding to roll out new channels to enhance digital payments
Cairo – Aman Holding, the business line of Raya Holding for Financial Investments, and Tanmeyah, a unit of EFG Holding, signed a deal to offer new digital channels that allow customers to receive their financing and pay their installments more easily and flexibly.
Under the strategic partnership, Tanmeyah customers will access financing digitally and manage to settle their payments seven days a week via Aman’s network of retail outlets, according to a press release.
Hence, they will not have to visit branches or adhere to working hours.
Maroc Telecom teams up with Visa to boost digital payments & financial inclusion in Morocco & Africa
Maroc Telecom company has partnered with Visa Corporation to enhance digital payments and financial inclusion in Morocco and across the African subsidiaries of the major telecommunications company in the North African Kingdom.
Thanks to this partnership, the users of MT Cash, Maroc Telecom’s Mobile Money solution, will benefit from the Visa payment services. This strategic alliance also aims to expand digital financial services, accelerate Africa’s digital transformation, and deliver tailored payment solutions for underserved populations.
A2A Transactions, Mobile Wallets, and Tech Giants Fuel the Digital Payments Boom
The global payment landscape has undergone a significant transformation over the past decade, driven by the rise of digital payments, the advent of tech leaders in the fintech sphere, and the rapid expansion of account-to-account (A2A) payments enabled by real-time payment rails.
Worldpay’s 2025 Global Payments Report, released in March, offers insights into these evolving trends by reflecting on a decade of data, examining the shifts in payment behaviors since the report’s inception back in 2015. It also looks at the trends poised to transform the payment landscape, highlighting cryptocurrencies and embedded finance as key developments expected to shape the ecosystem through 2030.
Mastercard joins $12 million Series A in Australian fintech WeMoney
The round was led by Perth online casino entrepreneur Laurence Escalante via his family office, with support from existing investors BetterLabs, Dorado Capital and Eastcourt Capital, as well as strategic investor Mastercard.
The company helps its customers make better financial decisions and pay off their debts faster by giving them an insight into their spending. It allows them to compare and apply for credit cards, swap to lower-cost products and identify where they can save money by switching providers for a range of services.
WeMoney claims that more than 1 million Australians have downloaded the app in less than five years, with around 8% of that figure as monthly users.
Instapay Taps Mastercard to Enhance Migrant Worker Remittances in Malaysia
Instapay Technologies is teaming up with Mastercard to expand its cross-border money transfer services for Malaysia’s migrant workers, using Mastercard Move.
The partnership aims to simplify and speed up remittance processes for over three million migrants residing in the country.
Mastercard Move is a suite of money movement capabilities supporting transfers to more than 180 countries in over 150 currencies.
Read more: https://fintechnews.my/50101/payments-remittance-malaysia/instapay-mastercard/
