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HashKey MENA Pilots Stablecoin Payment Corridor Linking Africa and the Middle East
HashKey MENA, a Dubai-based virtual asset exchange licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), has launched a pilot initiative to explore regulated stablecoin-powered settlement flows for cross-border trade between the Middle East and Africa.The company has signed a Corridor…
EthioPay-IPS Surpasses 1 Million Daily Transactions, Processing Over ETB 5 Billion
BPC, a leading global payment software and service company, today announced that EthSwitch, Ethiopia’s national payment switch, a share company owned by the National Bank of Ethiopia, public and private banks, MFIs, PIIs and PSOs, has reached a major milestone…
Standard Bank leads South Africa in AI maturity rankings
Standard Bank Group has been ranked the most AI-mature bank in South Africa and the second most AI-mature bank across the Middle East and Africa (MEA) in the inaugural Evident Insights AI Index for Banks – MEA edition. The Group…
RedotPay Enters B2B Market with “RedotPay Connect”
RedotPay, a stablecoin-based payment fintech company, unveils the launch of RedotPay Connect at Money20/20 Europe, marking the company’s first dedicated B2B product since inception and a major step into enterprise payments. Built as a single-integration gateway, RedotPay Connect enables merchants…
Ecobank Introduces World’s First Commercial Bank-issued Nature Bond
Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, creating a new route for international and African capital to protect Africa’s biodiversity. Moody’s awarded the transaction its highest possible sustainability quality score, SQS1 Excellent. The bond will support African farmers, sustainable…
Yoco, Stub bring payments and accounting together
Yoco, the payments and commerce platform used by more than 200,000 South African independent businesses, has enabled direct integration with stub, the homegrown online accounting platform. The integration connects Yoco’s system’s sales data with stub’s accounting platform to automate reconciliations,…
Transforming global finance – leveraging African innovation to power emerging market economies
Emerging markets in Africa, Latin America, and Southeast Asia are rapidly embracing digital finance, driven by demand for inclusion and fintech innovation. Africa, in particular, has leapfrogged legacy banking with mobile-first platforms and stablecoin adoption, building resilient, scalable financial infrastructure…
PayAngel Expands Global Payout Capabilities
PayAngel, a cross-border payments platform built by migrants and shaped by a lived understanding of the migrant journey, today announced an expanded collaboration with Visa, a world leader in digital payments. Leveraging Currencycloud, a Visa Direct solution, PayAngel will strengthen its multicurrency account and…
PayPal USD Expands Africa’s Digital Finance Reach
PayPal recently announced it is making PayPal USD (PYUSD) available in 70 markets worldwide. As global commerce becomes increasingly digital, individuals and businesses are looking for faster and more seamless ways to transact across borders. Stablecoins like PYUSD help power…
Sumsub Launches New Partner Hub
Sumsub, a full-cycle verification platform for scalable compliance, has launched the Sumsub Partner Hub—a unified space designed to support both new and existing partners throughout the entire partnership lifecycle. The Sumsub Partner Hub is designed to address the most common…
FNB’s eBucks Brings Home 3 Accolades at the 2026 International Loyalty Awards
FNB is proud to announce that its innovative eBucks Rewards programme has received three prestigious accolades at the 2026 International Loyalty Awards (ILA) recently held in Atlanta, United States. In its 25th year, the programme was recognised as the Best B2B…
5 BNPL Myths the South African Market has Proven Wrong
Skeptics often view Buy Now Pay Later (BNPL) as a debt risk, but South African consumers are using the tool as a sophisticated budgeting strategy. Payflex CMO Tracey-Lee Zürcher-Campbell, “With 41% of respondents to TransUnion’s Q1 2026 Consumer Pulse Study…
New Payments Partnership on Expanding Cardless Payment across Nigeria
Redtech, MoMo PSB, and United Bank for Africa (UBA) have launched a payment interoperability partnership that expands cardless payment access for consumers and merchants across Nigeria. The partnership brings together Redtech’s payment technology and enablement capability, UBA’s merchant acquiring and…
Payment Technology Company Appoints Jerome Alfred as COO
Cross Switch is thrilled to announce the appointment of Jerome Alfred as Chief Operating Officer (COO). Known for his ability to bridge the gap between technical complexity, business strategy, and operational execution, Jerome is also deeply committed to mentoring teams…
A Legal Dive into South Africa’s Payment Revolution
By Lerato Lamola & Anél De Meyer, Partners at Webber Wentzel Buy Now, Pay Later (BNPL) payment options have strutted onto South Africa’s financial runway with the swagger of innovation—offering interest-free installments, bypassing traditional credit checks, and boasting sleek user…
Binance Scales Its Card Offering to Enhance Everyday Payment Utility
Binance today highlighted the continued scaling of the Binance Card into Africa. The initiative represents a step forward in enabling users to seamlessly integrate digital assets into everyday transactions, reinforcing Binance’s commitment to advancing accessible and practical crypto payment solutions…
