Capitec has teamed up with Ozow, a payment solution provider, to launch a new payment solution that has the potential to revolutionise the banking industry in South Africa. With
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The Central Bank of Nigeria’s demonetisation effort has caused a cash crisis in Nigeria, leading to social unrest. However, it has also resulted in a short-term boost for the
Umba, a fintech company that originated in Nigeria, has expanded its services to Kenya by purchasing a controlling stake in Daraja Microfinance Bank. This acquisition has granted Umba authorisation
Nigerian neobank Kuda has been granted a license by the State Bank of Pakistan (SBP) to operate a digital bank in the country. Kuda, which will operate under the
Over a decade ago, the idea of an instant lending product in Nigeria was a dream most people thought unrealistic to pursue. The average time it took to process
In May 2020 the Zimbabwean Minister of Finance Mthuli Ncube promulgated Statutory Instrument 80 of 2020, also to be cited as Banking (Money Transmission, Mobile Banking and Mobile Money
Digital banking has exploded and people have become far more comfortable with the idea of doing their banking from anywhere, and at any time. According to a 2021 McKinsey
Following the partnership between financial services giant MasterCard and two Ethiopian financial firms, MasterCard’s prepaid, credit, and debit cards are set to be accepted in Ethiopia. Ethiopia-based Oromia Bank
In the last 15 or so years, mobile phone technology has been spreading rapidly around the globe. By the end of 2020, an estimated 495 million people had subscribed
As the digital economy continues to grow, increasingly relevant financial solutions emerge. Consumers can access services that make their lives simpler, and businesses run more agile and efficient operations
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