Growth continues unabated on Samsung Pay, the most widely accepted mobile payment solution in South Africa. Samsung Pay has seen a dramatic uptake in usage reaching the...
Nigerian Banks Urge Customers to use Digital Platforms
PayTech
OLU OJO PHILLIPS Bolt, the Estonian cab hailing company has appealed to its numerous customers in Nigeria to switch to card payments in the light of the COVID-19...
Kenyan telco Safaricom is waiving fees for its hugely popular M-Pesa mobile money service in an effort to encourage people to ditch cash during the Covid-19 pandemic...
Government of Ghana has announced that it will launch a new payment system known as the ‘Universal QR Code’ by March 24, 2020. This is aimed at providing customers with...
Mastercard today announced a global partnership with Samsung to enable digital access to consumers and small businesses in emerging markets through its extensible Pay on...
FinTech
In order to reduce the number of customers trooping into their banking halls, prevent large gatherings and encourage social distancing, as...
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LendTech
WealthTech
Piggyvest has made the Fast Company list of the 10 Most Innovative Companies in Africa 2020. According to the international business media brand, Piggyvest is featured...
Facebook has stated that it would revamp the unveiling plans for its digital currency despite regulatory scrutiny. The company said it would also offer digital versions...
Seye Joseph Vetiva, a Pan African financial services company has launched ‘Akiba’ a digital community platform that provides financial literacy and lifestyle related...
New-age financial solutions powerhouse, Zedcrest Capital Limited has announced the launch of a wholly-owned subsidiary and new Investment/Asset Management firm aimed at...
Bitfxt, a Nigerian cryptocurrency startup, has raised N5.45 billion from Payitup clearinghouse Ltd. The amount, which was raised in a Series A funding round, is expected...
FemTech
InsurTech/RegTech
Guaranty Trust Bank Plc has announced the launch of Beta Health, a low-cost health financing product that offers instant access to health insurance for every Nigerian...
CRC Credit Bureau Limited has earned two recognitions thanks to its contributions in driving access to finance for individuals and Micro, Small and Medium Enterprises...
Zenith General Insurance Company Limited (commonly known as Zenith Insurance) has partnered with Telecommunications giant – MTN Nigeria to provide mobile insurance...
As part of the measures to stop the spread of the coronavirus pandemic, the National Identity Management Commission (NIMC) has ordered the immediate shut down of all its...
The South African Reserve Bank (Sarb) has warned the public that it is not withdrawing banknotes and coin because of Covid-19, as criminals carrying fake IDs go house-to...
PLAYERS in Ghana’s financial technology (FINTECH) space have welcomed Bank of Ghana’s extension of the deadline to meet licensing requirements, describing it as “timely...
The Bank of Ghana has inaugurated an eight-member Payment Systems Advisory Committee in Accra on Thursday, 5 March 2020 to help strengthen the banking sector. According...
Facebook has been given the green light to launch WhatsApp payments in India after a number of regulatory delays. The National Payments Corporation of India and Reserve...
Cameroon has ordered MTN and Orange to implement ID checks for all parties involved in mobile money transactions after it emerged that ransom payments had been made...
The World Health Organisation is advising consumers to avoid handling bank notes and instead switch to contactless payments to deter the spread of the deadly coronavirus...