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Strategic alliance combines Rwanda’s most trusted diaspora brand with Europe’s first Remittance-as-a-Service platform giving tens of thousands of Rwandans across the EU a faster, cheaper way to send money home. Belmoney, Europe’s first Remittance-as-a-Service (RaaS) provider, today announced a strategic partnership with RwandaCash, the leading financial services provider for the Rwandan diaspora. The partnership transforms […]
...Mastercard and Scale are advancing their collaboration with the aim of simplifying card issuance for fintech companies and non-financial institutions (non-FIs) across Senegal, Ivory Coast, Kenya, Zambia and Zimbabwe. This collaboration introduces a unified integration capability designed to help innovators bring virtual and physical card programmes to market more efficiently, reducing the complexity traditionally associated […]
...Prashant Byndoor, BPC Country Manager East Africa Rising transaction volumes, tighter regulation and growing competition are placing new demands on banks and cooperative lenders across Kenya and East Africa, while institutions adapt their payment operations to cope with sustained pressure. These pressures sit on top of very high transaction volumes. Real-time payment systems across Africa […]
...Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This […]
...The new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings (www.Afreximbank.com) in Abuja, Nigeria, […]
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