Author: afnetwork

A new Pan-African digital payment platform, SpendEase, has officially commenced operations across Nigeria, Ghana, South Africa, and Kenya, offering seamless cross-border payment solutions. This is

Nigerian fintech company Cardtonic has closed a $2.1 million seed funding round to develop Pil, an independent business spending and expense management platform. This signals the company’s

The National Bank of Egypt (NBE) has signed a short-term financing agreement of up to EGP 3 billion with U Consumer Finance, operating under the brand name Valu, one

Alpaca, a US-based brokerage infrastructure provider, has raised US$150 million in a Series D funding round led by Drive Capital, valuing the company at US$1.15

In late 2024, the PSR decided to push ahead with plans to introduce a price cap on the fees Visa and Mastercard charge UK merchants when European

The South African Reserve Bank (SARB) is working on a new payments standard to drastically improve scan-to-pay transactions in South Africa. The development and implementation

Nigerian fintech Paystack, a digital payments company, said on Wednesday it is moving into banking with the launch of Paystack Microfinance Bank, expanding beyond its

Africa’s digital transformation is often defined by connectivity statistics. Yet connectivity alone tells only part of the story. Widespread mobile network coverage exists across the