Call for Expressions of Interest – Africa Fintech Platform
The Africa Fintech Network (AFN) invites qualified consultants to express interest in developing the Africa Fintech Platform (AFP) – a digital platform to connect, empower, and grow Africa’s fintech ecosystem.
Scope includes building a knowledge hub, data repository, investment access tools, and a continental fintech directory.
Read more: https://shorturl.at/gftfo
Safaricom and iXAfrica Launch East Africa’s AI-Ready Data Centre Services
(Ecofin Agency) – Africa’s digital economy is growing rapidly, and the demand for data storage, processing power, and AI capabilities is accelerating. The introduction of high-power density local data centres enables real-time AI workloads to be run locally, securely, and cost-effectively.
Safaricom PLC has partnered with iXAfrica Data Centre, Kenya’s hyperscale-ready operator, to deliver East Africa’s AI-ready data centre services. The partnership, announced May 13, aims to meet growing demand for advanced, high-power-density infrastructure capable of supporting AI computing, cloud services, edge computing, data analytics, and disaster recovery solutions.
OPay backer, Opera is launching standalone stablecoin app for Africans
Opera Limited, an early investor in OPay, one of Africa’s largest fintechs, is launching a stablecoin app, MiniPay, on the continent.
According to a statement seen by Techpoint Africa, MiniPay, which used to be embedded in the Opera Mini browser, will now have a standalone app, a lightweight stablecoin wallet on iOS and Android.
It said the wallet, which was built into Opera Mini, has 7 million users and is growing strongly in Nigeria and Kenya. It is aimed at making stablecoins like USDT, USDC, and cUSD easy to use for the average smartphone owner with instant peer-to-peer transfers and fees below $0.01.
Read more: https://techpoint.africa/news/opay-opera-stablecoin-app/
BREAKING: Stripe now supports tax payments in five new African countries
Stripe, one of the world’s leading financial infrastructure platforms, has expanded its tax automation support to five new African countries: Benin, Burkina Faso, Cameroon, Cape Verde, and Ethiopia. This move is part of its ongoing mission to simplify global commerce by making tax compliance easier for businesses in emerging markets.
The announcement was made during Stripe Sessions 2025, the company’s annual product event. At this event, Stripe Tax revealed that it now supports automated tax payments in 102 countries, up from just 57 a year ago.
Read more: https://thecondia.com/stripe-supports-tax-payments/
Monzo launches tool that allows customers to undo payments
The new capability provides a customisable 10-60-second window that allows customers to cancel a bank transfer if a mistake is made, like adding an extra ‘zero’ to an amount, or selecting the wrong recipient.
The tool also provides a moment of pause for someone to stop and think if they’re tricked into sending a fraudulent payment.
This comes as new data from the bank reveals that almost one in three Brits (30%) have either sent money to the wrong person or sent the wrong amount in the last year. Over three quarters of Brits who sent a wrong payment (78%) realised they’d made a payment error within just a minute of it happening.
Transactix Launches New Era in Canadian Payments
Toronto, Ontario, Canada – Consensus, May 14, 2025 (GLOBE NEWSWIRE) — Transactix Financial Inc. today introduced a secure, unified payments platform that frees Canadians from the exorbitant fees and inefficiencies that impact the country’s financial well-being.
Its Open Value Network™ (“OVN”) is engineered to facilitate the immediate and seamless transfer and conversion of digital value – whether in tokens, points, credits, stablecoins, cryptocurrencies, or fiat currency – at a fraction of the cost Canadians have had to pay.
“Moving value should be as cheap and effortless as sending a text message,” said Abou Daya, CEO of Calgary-based Transactix. “But Canadians continue to bear costs for transferring funds that are more comparable to snail mail or shipping a parcel than sending an email. This is an outdated paradigm that OVN will disrupt.”
