Tag: East Africa

Network International, a leading fintech company in the Middle East and Africa, has signed a strategic processing agreement with Saudi Sudanese Bank, one of Sudan’s prominent financial institutions.

Global crypto card payment volume reached $1.5 billion per month in August, up from about $100 million per month in January 2023, Artemis said in a report released Thursday

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