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NCBA has opened its 99th branch in Kawangware, a strategic move to accelerate financial inclusion and deepen engagement with local retail and SME customers. “It is a proud moment to mark the official opening of our 99th branch in Kawangware,…

Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalizes the partnership established in 2022, aimed at promoting intra-African…

According to a report by the European Investment Bank, the number of fintech companies in Africa has nearly tripled since 2020. Many of these innovators focus on embedding payment services into broader solutions that tackle financial access, offering alternatives to…

Verto announced the launch of Verto Reserve, a new feature that allows businesses to earn up to 10% interest on idle funds in G10 and African currencies, including the Nigerian Naira (NGN) and Kenyan Shilling (KES), without needing a local…

Yellow Card announced a partnership with Visa to help drive the next phase of innovation in cross-border payments and financial infrastructure across emerging markets where Yellow Card is licensed to operate. Yellow Card operates in 20+ African countries and provides…

Artificial Intelligence (AI) is everywhere. And, as much as it’s changing the world in cool ways like music, art, gaming, and technological advancements, scammers are using it too to attempt to defraud you. With South Africans of all ages spending…

In today’s fast-paced digital landscape, understanding the most popular e-commerce payment methods by region is crucial for businesses aiming to thrive in a global market. As consumer preferences shift and technology evolves, knowing which payment options resonate with customers can…

DisrupTech Ventures, one of Egypt’s early-stage fintech funds, has announced its first pan-African investment in Nigerian startup Winich Farms, a fast-growing Agri-Tech that is transforming access to markets and credit for smallholder farmers across Nigeria. Lagos-based Winich is addressing the…

PayU GPO, an online payment service provider, has launched Account-to-Account (A2A) payments in Nigeria and appointed Ryan Engel as the new Country Manager for South Africa. Ryan, with expertise in payments and digital transformation, will oversee the development of local…

Africa is undergoing a profound financial transformation driven by rapid technological advancements, with fintech and cross-border payments leading the charge. The continent’s cross-border payments market is projected to grow from $329 billion in 2025 to $1 trillion by 2035, fueled…

Visa has launched its new pay-by-bank solution, Visa A2A, in the UK. This innovative solution offers consumers greater control and protection over bank transfers, aiming to make pay-by-bank transactions safer and smarter. Visa A2A offers a user-friendly bank app for…

Ethio Telecom held a workshop with microfinance institutions and SACCOs under the theme “Empowering Microfinance Institutions“ to introduce a cloud-powered core banking solution for modernizing financial operations in Ethiopia’s grassroots financial institutions. The training included a full demonstration of the…

BankservAfrica introduced a structured change management framework to address potential risks such as misalignment between banks, adoption delays, and communication gaps in a large-scale project, ensuring all participating banks had the necessary resources, guidance, and support. As Africa’s largest automated…

As cryptocurrency adoption accelerates across Africa, the excitement around the technology and its transformative potential is palpable. But alongside this rapid growth comes a critical challenge: ensuring that innovation does not outpace regulation. This balance is not just important —…

In recent years, Africa’s startup ecosystem has undergone a dramatic transformation. Once perceived as a peripheral player in the global tech scene, the continent is now emerging as a significant hub for fintech innovation. Venture capital is pouring into African…

Onafriq, Africa’s largest digital payments network, is celebrating its 15-year anniversary by announcing a significant milestone: close to 1 billion mobile money wallets and 500 million bank accounts are now connected through its infrastructure. Starting as a mobile money switch,…