African fintech news – Page 4 – Africa Fintech Network

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

Lesotho engages Vodacom on digitisation

Lesotho is set to bolster its digital transformation strategy by leveraging proven frameworks from Vodacom’s broader African portfolio. The move follows a visit from a

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.

President Mahama champions Pan-African Payment Systems, resource sovereignty

President John Dramani Mahama of Ghana used the closing remarks of his Accra Reset side event in Addis Ababa to synthesise wide-ranging proposals for African

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Tag: African fintech news