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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…
NCBA Expands Footprint with 99th Branch Launch in Kawangware, Kenya
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 and PAPSS Launch Cross-Border Payments Service in Ghana
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…
New Mastercard-Enza Partnership to Fuel Fintech Innovation Across Africa
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…
Cross-border Payment Solution Launches Verto Reserve
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 & Visa Accelerate Stablecoin Adoption Across Emerging Economies
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…
5 Tips to Protect & Outsmart AI Scammers
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…
Understanding Regional Payment Preferences in E-commerce
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…
PLP x Safaricom Hook Tech Cohort Celebrates 300 Tech Graduates in Kenya
Power Learn Project Africa (PLP), in partnership with Safaricom’s youth platform Safaricom Hook, graduated 300 youth from a software development program. The PLP x Safaricom Hook Tech Cohort, launched in October 2024, is a 16-week digital training initiative that recruits…
DisrupTech Ventures Makes First Sub-Saharan Investment in Nigeria’s Winich Farms
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…
Telkom and Partners Launch Free AI & ICT Programs for SA Youth
The Telkom Group, through the Telkom Foundation, is making strides toward closing the country’s digital divide by upskilling previously disadvantaged youth with future-ready skills to increase their chances of employability. Telkom is calling on young people to invest in their…
PayU GPO Debuts A2A in Nigeria, Appoints New Country Manager for SA
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…
Takealot Expands On-Demand Delivery Service in Gauteng
Takealot has expanded its on-demand delivery service, TakealotNOW, to make everyday shopping faster, easier, and more personalized, available via the Mr D app. Launched in July 2023, TakealotNOW began as a pilot project in Cape Town’s northern suburbs, offering a…
Digital Finance Africa 2025: Shaping the Future of Africa’s Fintech Landscape
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 Launches its New Pay-by-Bank Solution in the UK
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…
