FINTECH IN AFRICA – Page 4 – Africa Fintech Network

Mukuru Partners with Travelex to Expand Cash Payouts Across South Africa

Mukuru, a leading next-generation financial services platform, has partnered with Travelex, a market leader in foreign exchange services, to expand cash payout options for remittance customers across South

Digital Euro’s Future Unclear as Key Vote Approaches

A vote on the digital euro could come within the first half of 2026. However, it’s not clear whether the project will win the backing

Financial Inclusion: Mobile Money Continues to Drive GDP Growth

Mobile money is transforming economies in Africa, driving growth and expanding access to financial services. By 2022, 28% of adults in Sub-Saharan Africa had mobile money

Cross-Border Payments Company Announced a New Payment Collection Method for Businesses & Fintechs

In today’s global economy, most businesses struggle under the high fees and dominance of the Card Schemes (Visa, Mastercard, etc.). Neema, a global cross-border payments

Visa Says Better Onboarding Decides Who Wins the Digital Wallet

Digital credentials are reshaping payments as consumers gravitate toward payment methods that work instantly, securely and consistently across channels. That shift is creating a dynamic

Flutterwave buys Nigeria’s Mono in rare African fintech exit

Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million, according to people familiar with

Deutsche Bank launches Wero for more simple and sovereign digital payments in Europe

Effective immediately, Deutsche Bank and Postbank are offering their clients the full range of functions of the new digital payment app Wero. Since the beginning

Standard Bank Group Joins China’s Cross-Border Payment System

The system enables cross-border payments in Chinese Renminbi, reducing transaction friction and accelerating settlement times. It provides an alternative to the global SWIFT network for

Egypt’s MNZL Becomes First Company to Secure Dual Digital Finance Licenses

Egyptian fintech company MNZL has achieved a groundbreaking milestone by securing approval from the Financial Regulatory Authority (FRA) for two critical digital licenses: the nation’s first fully

Mastercard Boosts Africa Acceptance Network by 45% in 2025, Accelerating the Continent’s Digital Economy

Africa | 17 December 2025: Mastercard has grown its acceptance network across Africa by 45 per cent in 2025 – a major milestone that brings millions more consumers and small businesses into the continent’s

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