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Kenya Built a Currency Control While It May Not Need One
EBC Financial Group notes that Kenya’s new virtual asset regulations created a restriction on local access to foreign dollar-linked stablecoins before the shilling came under pressure, giving the Central Bank of Kenya a way to limit that access if demand…
MoMo Payment Service Bank (PSB) appoints Bode Abifarin CEO
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria licensed by the Central Bank of Nigeria to provide digital financial services, money transfers and bill payments via mobile devices, is pleased to announce the appointment of Bode…
Syria marks first international card transaction in more than 15 years with Mastercard and QNB Group
Mastercard, QNB Group have processed Syria’s first international card payment in more than 15 years, marking an important milestone in the modernization of Syria’s payments ecosystem. Following the technical reconnection of Syria’s payments ecosystem to Mastercard’s global network, QNB Syria…
Absa Cuts SME Onboarding to Under 30 Minutes as AI Adoption Accelerates
Absa Group says its technology investments are increasingly translating into measurable customer and business outcomes, with artificial intelligence, automation and digital platforms helping the bank improve service speed, credit access and operational resilience. According to the Group’s H1 2026 technology…
Afriex Strengthens Global Payments Infrastructure with Global Innovations Bank Partnership
Afriex (), the cross-border payments infrastructure company processing more than $600 million in annual payment volume, today announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB). The relationship strengthens the banking infrastructure behind Afriex’s B2B PaymentsAPI,…
100 Standard Bank Branches Now Offer Smart ID Services Nationwide
Standard Bank has expanded its Smart ID service network to 100 branches across South Africa, marking a major milestone in its partnership with the Department of Home Affairs (DHA) and improving access to identity services in rural and underserved communities.…
Why real-time Bank Account Verification is becoming essential for digital onboarding in South Africa
As digital services continue to reshape how consumers open accounts, make payments and access financial products, businesses are under growing pressure to create onboarding experiences that are both secure and seamless. Yet many organisations still rely on manual document uploads,…
5 Practical Habits Before Applying for an Online Loan in South Africa
Applying for an online loan is often a simple process, but good preparation can make the experience even smoother. Many people focus only on completing an application quickly, while forgetting that a few practical habits can save time, reduce unnecessary…
SeerBit Integrates PayPal to Expand Global Payment Options for African Merchants
SeerBit, a leading pan-African payments company, today announced its integration with PayPal, enabling merchants across its supported markets to accept payments directly from PayPal users at checkout. Through this integration, customers shopping on SeerBit-powered platforms can now choose PayPal alongside…
Three-year-old African fintech raises $22M to accelerate continental payments platform
Moment, a pan-African fintech, today announced the close of its $22 million (around R364 million) Series A funding round, led by AlphaCode Venture Partners, with continued investment from General Catalyst, MultiChoice, and fresh investment from Canal+. Since inception, Moment has…
Why great banking apps no longer win customers
For many years, digital banking was defined by one question: does your bank have an app? Today, that question has largely been answered. Every major South African bank offers a capable mobile banking platform, digital payments, self-service functionality and online…
From credit scoring to financial understanding
A South African can earn a regular income, pay rent, support a household, manage money on a smartphone, and repay previous loans, yet still be difficult for a lender to assess. A conventional credit record may capture only part of…
Yellow Card Secures $40 Million in Strategic Funding to Further Global Expansion
Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The…
Clea Launches Vendor Payments to Simplify International Supplier Payments
Clea, the stablecoin-powered cross-border payments platform helping African businesses trade globally, has launched Vendor Payments, a new capability that enables businesses to simplify payments to international suppliers, auction platforms and shipping companies directly through the platform. Clea surpassed $20 million…
NjiaPay launches one-click payments to reduce cart abandonment
Payment performance partner NjiaPay has launched one-click payments for South African merchants. This gives consumers a fast and convenient way to pay without re-entering card details or taking additional payment steps like 3-D Secure verification. Unlike one-click solutions tied to…
How to Cover a Cash Gap Before Payday
You know the feeling. It’s the Tuesday before payday, the fridge is looking sad, the car needs petrol, and your bank balance has that uncomfortable habit of turning red before the month is even done. This gap between what you…
