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digital bank

Carbon Bank Launches Buy Now Pay Later (BNPL) App

On Friday Carbon, a credit-led Pan-African digital bank headquartered in Nigeria released Carbon Zero, a buy now, pay later web app which helps customers spread the cost of purchases into interest-free instalments, in-store or online. Since its inception in late...

TymeBank is Recognised as One of South Africa’s Top 3 Digital Banks

Only 18 months after launching, TymeBank has been rated as one of the top three digital banks in South Africa by SITEisfaction. This recognition follows on the recent Forbes accolade, which claimed TymeBank as the 2nd best bank in...

Standard Chartered expands its digital bank across Africa

  Standard Chartered has announced the expansion of its digital bank as part of its digital transformation strategy in Africa. The digital bank will now be available in Botswana, Zambia and Zimbabwe this follows the launch of digital-only banks in...

Nigeria: OneFi secures $5 mln debt facility

One Finance Limited has announced that it has secured a $5 million debt facility for its consumer-facing platform, Paylater. The facility comes from New York and Nairobi-based Lendable, a technology-enabled funding provider to African consumer and SME lenders. The debt...

Bank Zero selects IBM to deliver digital banking platform

South Africa's newest digital bank, Bank Zero, has selected IBM to deliver an open-source based banking platform. This will allow Bank Zero to deliver fast, easy and continuous banking services to digital customers. As Bank Zero sets out to provide...

How digital banking can impact Africa

Mobile money can serve as a gateway to financial inclusion, it enhances the impact of international remittances on development. Digital platforms enable a significantly lower cost to serve and increased cross-selling of products in emerging markets while smartphone adoption...

Standard Chartered Bank launches digital bank in Côte d’Ivoire

Standard Chartered Bank has on Friday, 16 March 2018 announced the launch of its digital bank in Côte d’Ivoire. According to the company, this marks the Bank’s first digital bank in Africa and the first-of-its-kind to open in Côte...

South Africa: Former FNB CEO behind new digital only bank

Michael Jordaan, the former CEO of South African bank First National Bank (FNB), announced via Twitter on Tuesday 16 January 2017 that he is backing Bank Zero, a new digital only bank. The bank, which will be 45% black-owned,...

Kenya: National Bank upgrades mobile banking services

The National Bank of Kenya has announced that it will upgrade its mobile banking services. According to the bank, the upgrade includes new services with improved safety as the lender seeks to grow new revenue streams through digital avenues. The...
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TECNO and itel Present Tech Gifts Ideas for Father’s Day 2025

Father’s Day is around the corner, on 15 June. It is a time to celebrate, honor, and appreciate the...
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