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Partnership combines Mastercard’s global payments network with Smile ID’s capabilities to combat fraud and expand financial inclusion across Africa. From left to right: Selin Bahadirli, executive vice president, services, Eastern Europe, Middle East and Africa at Mastercard, Mark Straub, CEO Smile ID, Dennis Gamiello executive vice president, and global head of identity at Mastercard Nairobi, […]
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Author: Mladen Čolić, Sales Vice President: Fintech Africa at TransUnion Africa is fast emerging as the world’s next frontier for growth. By 2050, more than one in four people on the planet will be African, according to the United Nations Economic Commission for Africa. With the youngest population globally, the continent is increasingly recognised as a […]
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Payments, people and strategy are key to opening up new ways of transacting in South Africa South Africa’s payment ecosystem is a tangle of legacy banks, fintechs, telcos and card schemes, all jostling for a slice of the transaction pie. It’s a space where smart and ingenious capture customer attention, and where people need to […]
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Western Union, Zoona Transactions Zambia Limited and Chipper Cash today announced the launch of international money transfer services in the Chipper Cash app. The co-branded service enables customers in Zambia to send and receive money globally, based on their convenience and needs. Zoona is a leading fintech and enterprise payments platform in Zambia. Acquired by […]
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Paycorp, the global payments group with deep roots in South Africa, has announced a strategic investment in Currency Stream, a UK-based fintech specialising in real-time foreign exchange and multi-currency payment solutions. This partnership will accelerate Currency Stream’s growth in Europe and unlock new expansion opportunities across Africa, Asia, and the Americas. Paycorp will bring capital, […]
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A leading multinational bank, Access Bank Group, has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy. By leveraging the network and treasury capabilities of Mastercard Move, Access Bank, through its cutting-edge Access Africa platform, […]
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For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion and growth in a globalised economy, cost and efficiency challenges remain, particularly in Africa. Mark Dankworth, President Business Development Africa at leading pan-African fintech enablement partner, Ukheshe Technologies says fintechs are at the forefront of improving cross-border payments […]
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