Tag : Mobile Money

Banking Blockchain Digital Payments Featured Finance Fintech

Improving Financial Inclusion through Innovative Payment Systems

Prajakta Ayade
by Prajakta Ayade0
Financial inclusion is the process of ensuring that all individuals and businesses have access to affordable financial products and services. This includes payments, savings, credit, and insurance, all delivered in a responsible and sustainable way. Over the past decade, innovative payment systems have played a pivotal role in advancing financial......
dLocal Keeps Expanding African Footprint, Granted Payment Service Licenses for Kenya and Rwanda
Digital Payments News

dLocal Keeps Expanding African Footprint, Granted Payment Service Licenses for Kenya and Rwanda

Fintech News Desk
by Fintech News Desk0
dLocal’s ability to directly process local payments will enable international merchants to accept payments, regardless of the platform, benefiting buyers and sellers dLocal Limited, a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, announced the Central Bank of Kenya and the National......
Kora Launches USD Card-Acquiring in Africa
Digital Payments News

Kora Launches USD Card-Acquiring in Africa

PR Newswire
by PR Newswire0
New product to help accelerate Africa’s participation in global trade As part of its renewed global strategy, pan-African payments infrastructure, Kora has launched USD card-acquiring, allowing merchants on its platform to accept payments in US dollars. Kora’s Payin service allows merchants to receive customer payments using various popular payment methods, including mobile money, bank......
Strike Expands “Send Globally” to the Philippines, Bringing Lightning-Fast Money Transfers from the US
Digital Payments News

Strike Expands “Send Globally” to the Philippines, Bringing Lightning-Fast Money Transfers from the US

Fintech News Desk
by Fintech News Desk0
Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of its “Send Globally” product to the Philippines. Send Globally now enables fast, secure, and low-cost money transfers between the U.S. and the Philippines, revolutionizing traditional cross-border payment services. “However, with the integration of Pouch.ph......
Plesion Capital Announces Launch and Inaugural Investment
Investment Services News

Plesion Capital Announces Launch and Inaugural Investment

Fintech News Desk
by Fintech News Desk0
Makes first investment in XENO, a fintech platform helping millions in Africa to plan, save and invest Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world. Plesion Capital’s strategy is predicated on making......
Strike Launches Lightning-Fast Money Transfers to Africa
Digital Payments News

Strike Launches Lightning-Fast Money Transfers to Africa

Fintech News Desk
by Fintech News Desk0
Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced its “Send Globally” feature, enabling instant, low-cost payments to Africa. Strike’s Send Globally is available to all Strike users in the U.S. starting today, with initial coverage for Nigeria, Kenya, and Ghana. “What we have built reduces......
PalmPay Hits 10 Million User Milestone in Nigeria
Digital Payments News

PalmPay Hits 10 Million User Milestone in Nigeria

Fintech News Desk
by Fintech News Desk0
PalmPay, a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the same league as major institutions only 3 years after......
Altman Solon Survey Reveals Trust in Mobile Service Providers Drives Mobile Money Adoption in Emerging Markets
Digital Wallet News

Altman Solon Survey Reveals Trust in Mobile Service Providers Drives Mobile Money Adoption in Emerging Markets

Fintech News Desk
by Fintech News Desk0
Extensive survey across 17 markets found strong interest in mobile financial services among consumers, new opportunities for mobile money operators and telecom providers Consumers across Africa, the Caribbean, Latin America, and Southeast Asia are bypassing traditional banking services in favor of less expensive and more convenient Mobile Finance Services (MFS)......
United Bank for Africa Partners with Cellulant to Expand its Reach in 19 Markets across Africa
Banking Digital Payments News

United Bank for Africa Partners with Cellulant to Expand its Reach in 19 Markets across Africa

Fintech News Desk
by Fintech News Desk0
Partnership between United Bank for Africa and Cellulant extends payments services for merchants and consumers across the African continent Africa’s global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African......
Taptap Send Raises $65 Million Series B to Expand Cross-Border Fintech Platform
Fintech News

Taptap Send Raises $65 Million Series B to Expand Cross-Border Fintech Platform

Fintech News Desk
by Fintech News Desk0
Spark Capital leads new round to fuel expansion of mobile cross-border financial flows, benefiting those who need it most Taptap Send, a community focused cross-border financial platform, announced a $65M Series B funding round led by Spark Capital, with participation from Unbound and previous leads Reid Hoffman and Canaan Partners,......
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