Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: BoxCommerce and Mastercard Launch Prepaid Card to Help SMEs Access Earnings Instantly
South Africa-founded e-commerce platform, BoxCommerce, has partnered with global payments giant Mastercard to launch a prepaid card solution designed to give small and medium-sized enterprises (SMEs) faster, safer and more direct access to their earnings.
The new prepaid card, available in both virtual and physical formats, is fully integrated into the BoxCommerce merchant dashboard.
The South African startup says it allows entrepreneurs to receive payouts instantly, manage cash flow in real time, and reinvest revenues directly into inventory and day-to-day operations, reducing reliance on traditional banking systems that often delay access to funds.
The collaboration marks a strategic expansion of BoxCommerce’s role in the digital economy, positioning the company not just as an online selling platform, but as a fintech partner addressing one of the most persistent challenges facing small businesses in emerging markets: access to timely and reliable financial services.
Other Tech News Stories You Should Read:
Wio Bank Joins NVIDIA Inception Programme to Scale AI-Driven Banking Services. Read now.
Network International and Saudi Sudanese Bank Partner to Modernise Digital Payments and Banking in Sudan. Read now.
How African Hackers Are Selling Credentials and Stolen Data on Telegram. Read now.
On Startup Spotlight:
20 Years Later, PayPal Returns to Nigeria Through Partnership with Paga
After nearly twenty years of limiting its services in Nigeria, global payments giant PayPal is making a return through a strategic partnership with Nigerian fintech, Paga.
The collaboration will enable Nigerians to receive international payments, settle them in Naira, and access PayPal’s global network, a milestone long awaited by individuals and businesses excluded from these services.
PayPal’s absence from Nigeria was largely attributed to fraud concerns, leaving freelancers, merchants, and consumers without a straightforward means to participate in the global digital economy.
Over the past two decades, Nigerian fintechs, including Paga, Flutterwave, and Paystack, have stepped in to build local and cross-border infrastructure, effectively bridging the gap and plugging Nigeria into international payments.
Quadri Adejumo brings you all the details. Read here.
Also Read:
Tunisian Edtech, Skirora Is Building a Structured, Educator-First Marketplace for Localised Online Learning. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
