Tag: fintech
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Nigeria’s Fincra Builds Regulated Payment Network Across Africa With Ghana Expansion Move
Nigerian payments infrastructure provider, Fincra, has secured a Payment Service Provider Licence (Enhanced Category) from the Bank of Ghana, marking a step in its...
Lean Technologies Advances Open Finance Payments With Unified Pay by Bank Services
Lean Technologies has expanded its Pay by Bank capabilities, marking a significant step in the country’s transition towards regulated Open Finance infrastructure and account-to-account...
Nigerian Fintech BFREE Secures Fresh Growth Capital to Tackle Africa’s Rising Bad Debt Crisis
Nigeria’s BFREE, a pan-African distressed retail and SME credit investor, secured a new growth funding round aimed at significantly expanding its operations across the...
CashAfrica Partners ChamsSwitch to Accelerate Contactless Payments Adoption in Nigeria
Nigerian contactless payments infrastructure provider, CashAfrica has entered a partnership with switching and payment processing company, ChamsSwitch. This is a move designed to resolve long-standing...
UnionPay International Gains CFC Status in Morocco to Strengthen African Cross-Border Payments Services
UnionPay International (UPI) has announced that its Morocco Branch has officially been granted Casablanca Finance City (CFC) status, marking a strategic milestone in the...
Mashreq and Cashew Combines Regulated Banking With Fintech to Launch Pay-later Financing for Consumers
Mashreq and Cashew are expanding their strategic collaboration to develop an embedded lending framework aimed at transforming how consumers access credit for high-value purchases. The...
Valu and Dubai Phone Partners to Enable Instant In-App Financing and Redefine Digital Payments in Egypt
Valu, one of Egypt’s leading consumer fintech platforms, has partnered with Dubai Phone to roll out a fully digital onboarding and payment experience, allowing...
UAE Fintech Comfi Secures $65M to Fix SME Cash Flow Crisis Across MENA
UAE-based fintech startup, Comfi, has raised $65 million in a pre-Series A funding round combining equity and debt. This is a major vote of...
How Nigeria’s Myaza is Using Stablecoins to Fix Africa’s Cross-Border Payment Problems
In 2022, Charles Archibong faced a decision to relocate to Europe for a stable, well-paid role, or remain in Nigeria to pursue an uncertain...
Flutterwave Denies $75m Government IPO Investment Claims: What This Means for African Fintech
Flutterwave has dismissed widespread reports suggesting that the Nigerian government plans to invest $75 million in its proposed Initial Public Offering (IPO), stating that...
ruya Launches Digital-First Cashback Credit Card, Offering 2% Rewards on Daily Purchases
In a move that underscores the growing convergence of digital banking and ethical finance in the Gulf, ruya, a UAE-based digital-first Islamic bank, has...
MoneyHash and Visa Expand Cybersource to Simplify Cross-Border Payment Infrastructure
MoneyHash, a payment infrastructure platform focused on emerging markets, has entered into a multi-year partnership with Visa to enable Cybersource across its platform, in...
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