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Peach Payments Partners with MoneyBadger to Enable Crypto Payments in SA
Sixty-eight percent of South Africans own or have bought Bitcoin—one of the highest adoption rates globally. For merchants, accepting Bitcoin and crypto payments attracts a young, tech-savvy 18-34 year-old demographic, which has growing purchasing power. It also makes it easier…
MTN Mobile Money Zambia & JUMO Launch Overdraft Service ‘Kwanisa Na MoMo
MTN Mobile Money Zambia, in partnership with leading banking infrastructure provider JUMO, has launched Kwanisa Na MoMo—a new mobile money overdraft credit service designed to offer real-time financial relief to Zambians. Exclusively available to MTN MoMo customers, Kwanisa Na MoMo…
Luno Launches Tokenized Blue-Chip Stocks in South Africa
Luno launches international tokenized stocks and ETFs, which will be available for investment in early August 2025. Addressing challenges faced by investors in emerging markets, where multiple layers of fees, significant waiting times, and complex processes often limit traditional investment…
Luno Introduces Crypto Staking in Nigeria
Luno has launched crypto staking in Nigeria, becoming the first operational crypto platform in the country to offer this feature. This landmark move opens up a new frontier in passive income for Nigerian users, who can now earn up to 18%…
Absa Renews Strategic Collaboration with Visa to Accelerate Digital Transformation
Absa and Visa have renewed their strategic partnership to accelerate the development of innovative, inclusive, secure, and digitally enabled financial payment ecosystems across Absa’s Regional Operations (ARO). This agreement was formalized at a signing ceremony in Johannesburg and marks a…
FIFA World Cup 2026â„¢ kicks off in South Africa with FNB, courtesy of Visa
First National Bank (FNB) and Visa are proud to announce their joint sponsorship of the 2026 FIFA World Cup. Kicking off on 11 June 2026 across Canada, Mexico, and the United States, this vibrant partnership showcases a shared dedication by…
Cape Town’s FinHub Hosts Hackathon with Interledger Foundation
The University of Cape Town’s Financial Innovation Hub recently hosted a hackathon in collaboration with the Interledger Foundation, where students developed innovative solutions to real-world payment challenges in South Africa. Hosted at the Hasso Plattner School of Design Thinking Africa…
Flutterwave Secures Full License to Launch Seamless Payments in Senegal
Flutterwave has secured a Payment Institution (PI) license from the Central Bank of West African States (BCEAO), marking a significant milestone in its mission to build a more connected and inclusive digital economy across the continent. With this new license,…
Verto Launches New Auto Exchange Solution
Verto announced the launch of Auto Exchange, a new feature designed to help rate-sensitive customers secure their target foreign exchange (FX) rates without constant monitoring. Recognizing that many businesses prioritize achieving the most favorable exchange rates and often spend valuable…
NAMFISA Empowers Consumers with New Education Portal
NAMFISA, in collaboration with Green Enterprise Solutions (Green), officially launched its Consumer Education Website. Held at NAMFISA’s Head Office in Windhoek, the event featured welcome remarks by CEO Mr. Kenneth S. Matomola, who also officially launched the platform. Mr. Peter…
Tariffs on SA Exports: How Can Local Businesses Prepare for the Impact
South African import and export businesses face a challenging environment due to potentially significant tariffs imposed by US President Donald Trump. According to Trade and Industry Minister Parks Tau, there are also indications that South Africa may need to submit…
Flutterwave’s Send App Relaunches in the US, Expands Remittance Reach to Africa
Flutterwave announced the relaunch of its flagship remittance solution, Send App, across US states following its newly acquired Money Transmitter Licenses (MTLs). This comes after Flutterwave secured 20 additional MTLs in the US, adding to the 14 licenses the brand…
Fiserv and PayPal Expand Partnership to Advance Stablecoin Payments
Fiserv and PayPal Holdings announced a partnership to build future interoperability between FIUSD and PayPal USD (PYUSD) to allow consumers and businesses to move funds domestically and internationally. Combining the global reach of Fiserv and PayPal across banking, consumer, and…
Wilson Ganga and The Unshakeable Confidence That Built Angola’s Tech Empire
Wilson Ganga has a confession: he doesn’t always know what he’s doing. The 32-year-old entrepreneur behind Angola’s biggest fintech success readily admits to being a “bonehead” who figures things out as he goes. Yet this same man has built companies…
Why South Africa’s Financial Institutions Must Prioritize Regulatory Adherence
The true cost of non-compliance in the financial sector extends far beyond financial penalties, damaging reputations, and eroding customer trust. According to the South African Reserve Bank (SARB), several financial institutions have faced administrative sanctions, including financial penalties, for non-compliance…
Flutterwave Expands to Cameroon with Fully Licensed Digital Payment Services
Flutterwave is enhancing its support for businesses in Cameroon by offering a comprehensive suite of digital payment services through the Central Bank of Central African States. As one of the few fintechs authorized to operate in Cameroon, Flutterwave assists businesses…
