Visa Launches North Africa Sub-Region to Fuel Digital Payment Growth
Visa formed a new sub-region that includes Egypt, Libya and Sudan, saying the move will advance its strategic growth plans in the wider North Africa, Levant and Pakistan
Dutch Good Growth Fund Partners with First Circle Capital to Boost Early-Stage African Fintech
The Dutch Good Growth Fund (DGGF) has announced a partnership with First Circle Capital (FCC), a female-led, first-time fund manager focused on early-stage venture capital in Africa. FCC is
South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments
In a significant consolidation of the Southern African fintech space, JSE-listed Araxi Limited (formerly Capital Appreciation Limited) has agreed to acquire an 80% stake in
UK banks convene to build alternative domestic payment system
UK bank executives are set to convene this Thursday for their first meeting to establish a domestic alternative to Visa and Mastercard. Chaired by Barclays
The Democratic Republic of Congo accuses MTN of illegal operations
The Democratic Republic of Congo has picked a fight with one of Africa’s biggest telecom giants. The country’s regulator, Autorité de Régulation de la Poste et
Grey launches ‘Grey Business’ to simplify global payments for African startups and SMEs
Global fintech company Grey has officially launched Grey Business, a multi-currency payments platform designed to help startups and SMEs across Africa and other emerging markets manage international transactions
eNovate and Cobi Integrate AI Intelligence to Transform Egypt’s Digital Payment Experience
eNovate, a subsidiary of eFinance Investment Group, and Cobi, a UAE-headquartered AI-native customer intelligence platform, announced the integration of Cobi’s AI-powered intelligence infrastructure across its digital payment ecosystem
Safaricom and M-Pesa Foundation Invest in Modern Learning Environment for Children
The M-Pesa Foundation, in partnership with Safaricom PLC and the Safaricom Foundation, has begun construction of new learning facilities at Sango PAG Primary School in Lugari. The groundbreaking marks
Noah and Payd Partner to Provide Stablecoin-Based Salary Payments for African Digital Workers
Noah, a global payments infrastructure provider, and Payd, a financial operating system for African professionals, have announced a partnership enabling Payd’s 30,000+ users to receive international
Digital Banks & E-Wallets To Shift to InstaPay as BSP Enforces New Rules
The digital banking landscape in the Philippines is undergoing a significant transition as the Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management, Inc. (PPMI) enforce new rules.