Friday, February 14, 2025
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FinTech

FinTech

Kazang and TymeBank partner to bring easy cash withdrawals to the informal market

Staff Writer -
Kazang, the prepaid value-added services (VAS) and card acquiring business within Nasdaq and JSE-listed fintech Lesaka Technologies, has partnered with TymeBank, the first digital bank to reach profitability in Africa, to make cash withdrawals more accessible to consumers in...
FinTech

How agency banking is transforming financial access in developing countries

Staff Writer -
The journey toward financial inclusion begins with trust. For individuals unfamiliar with formal financial systems, having low-cost and reliable ways to deposit and withdraw money — cash-in, cash-out (CICO) services — is essential. These accessible solutions build confidence, encouraging...
FinTech

5 Most Reliable Virtual Dollar Cards for Nigerians in 2025

Mamsi Nkosi -
Nigeria’s growing reliance on digital payments has made international transactions more essential than ever. However, most local bank cards no longer support foreign payments, making it difficult for individuals and businesses to pay for services like Netflix, Amazon, and...
Company News

Standard Bank Connect Relaunches Device Financing Service

Mamsi Nkosi -
Standard Bank’s Mobile Virtual Network Operator (MVNO), Standard Bank Connect, has announced the relaunch of its device offering, bringing customers a range of highly sought-after tech brands and unique financing terms. Customers can now purchase devices from leading brands such...
Company News

China’s B2B Trade Platform Partners with Ecobank to Support African SMEs

Mamsi Nkosi -
XTransfer, China's B2B Cross-Border Trade Payment Platform, and Ecobank Group have signed a Memorandum of Understanding of Cooperation (MOU) to provide comprehensive cross-border financial services to Africa's small and medium-sized enterprises (SMEs) engaged in foreign trade. In recent years, China...
FinTech

Fintech Collaboration Brings Major Benefits to Consumers & Merchants

Mamsi Nkosi -
Float, Africa's credit card-linked installment platform, has announced a strategic collaboration with Peach Payments. Established over a decade ago, Peach Payments offers a range of payment methods, including card, bank transfer, BNPL, QR codes, and digital wallets, all backed by...
FinTech

New South African Payment Group to Advance Payment Digitization in SA

Mamsi Nkosi -
In South Africa, where a substantial section of the population is still unbanked and millions of businesses rely only on cash transactions, the formation of a groundbreaking alliance promises to transform the financial industry. Introducing ASAPP: A Step Towards a...
FinTech

VISA Makes Key Investment in Moniepoint to Fuel SME Growth in Africa

Mamsi Nkosi -
As Africa's Fintech landscape evolves rapidly, driven by a dynamic ecosystem and a focus on closing the financial inclusion gap, Visa has been at the forefront of this transformation, leveraging its expertise and resources to support the growth of...
East Africa

KCB and Mastercard Unveil Kenya’s First Platinum Multi- Currency Card

Mamsi Nkosi -
KCB Bank Kenya, in partnership with Mastercard, has officially released Kenya's first multi-currency prepaid card. This unique technology is intended to simplify international transactions, allowing clients to spend easily in several worldwide destinations. This card, designed to address the different...
East Africa

Safaricom Launches M-PESA Powered Investment Fund

Staff Writer -
Safaricom announced the official launch of Ziidi MMF in collaboration with two fund managers, Standard Investment Bank and ALA Capital Limited. The Product allows Customers to control, grow and manage their finances and wealth with free deposits and withdrawals via...
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Latest News

Artificial IntelligenceStaff Writer -

“The U.S. Needs Tech Support” – Elon Musk Calls for Government Reform and AI Advancement

Musk’s Call for Streamlining Government Operations Wearing a "Tech Support"-printed T-shirt, Elon Musk virtually took to the stage on the...
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