Tag : Mobile Money

Eastern Africa BFSI Summit 2021: Digital Transformation Accelerates Open Banking Ecosystem
Digital Finance Fintech News

Eastern Africa BFSI Summit 2021: Digital Transformation Accelerates Open Banking Ecosystem

Fintech News Desk
by Fintech News Desk0
Business leaders and ICT experts from Eastern Africa and the globe will convene Sep 23 for the Eastern Africa BFSI Summit 2021, an offline event to unpack the opportunities of digital transformation for African financial industry. The event will highlight the changes, challenges and opportunities in the post-epidemic era and ways to accelerate financial......
Crunchfish Introduces Digital Cash Business Model
Digital Payments Mobile Banking News

Crunchfish Introduces Digital Cash Business Model

Fintech News Desk
by Fintech News Desk0
Crunchfish’s Digital Cash Wallet offers an exceptionally flexible and interoperable offline payment service that compliments any online payment service with capabilities that replicate the use of physical cash. Crunchfish introduces a subscription-based business model per Digital Cash Wallet deployed, to be charged to the issuing bank or digital wallet provider.......
Brazilian Fintech RecargaPay Raises $70 Million Series C Round
Banking Fintech Mobile Banking News

Brazilian Fintech RecargaPay Raises $70 Million Series C Round

Fintech News Desk
by Fintech News Desk0
IDC Ventures and Fuel Venture Capital co-led the round RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.......
Mastercard and MTN form African Mobile Money Partnership
B2B Business Capital Markets Economy Fintech Mobile Banking News

Mastercard and MTN form African Mobile Money Partnership

Fintech News Desk
by Fintech News Desk0
Mastercard and MTN announced a strategic partnership to enable millions of MTN MoMo customers in 16 African countries to shop and pay online with global merchants. Read More: GlobalFintechSeries Interview with Vincent Bezemer, SVP Americas at Backbase Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets,......
ADD.XYZ partners with major Cross-Border Mobile Money Networks and banking providers in Africa to introduce Mobile Money Users to DeFi
Business Fintech Mobile Banking News

ADD.XYZ partners with major Cross-Border Mobile Money Networks and banking providers in Africa to introduce Mobile Money Users to DeFi

Fintech News Desk
by Fintech News Desk0
ADD.XYZ partners with major Mobile Money Networks and banking providers in Africa. Through this collaboration ADD.XYZ will enable tens of millions of African Mobile Users to directly access DeFi lending protocols through mobile money. Partnership with the Nigeria Inter-Bank Settlement System Plc and MTN Nigeria and other top 10 MTN mobile money......
Monese Adopts Thought Machine’s Core Banking Platform Vault, to Reach Millions More Customers
Banking Fintech News

Monese Adopts Thought Machine’s Core Banking Platform Vault, to Reach Millions More Customers

Fintech News Desk
by Fintech News Desk0
Monese, the popular pan-European banking service that provides instant and localised mobile money accounts in 31 countries, announces it will adopt Thought Machine cloud native core banking platform Vault. Monese, which provides accounts to both consumers and businesses, will migrate its existing customer base onto Thought Machine’s cloud native platform,......
Banking Business Fintech Fintech Funding Mobile Banking News

Juniper Research Recognizes Boku with two ‘Future Digital Awards’

Fintech News Desk
by Fintech News Desk0
 Boku Inc., (AIM: BOKU), the world’s leading provider of mobile payment and identity solutions, today announced that it is the recipient of two 2020 Future Digital Awards, Best Mobile Money Offering (Platinum) and Fraud Detection and Prevention Innovation (Gold). The Future Digital Awards are organized by Juniper Research to recognize companies which......
Fintech News

Remitly Doubles Mobile Wallet Offerings and Global Consumer Reach Amid COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Remitly, the mobile-first provider of remittances and financial services for immigrants, today announced the expansion of its mobile wallet network, which now reaches more than 300 million mobile wallet holders across the world, more than doubling its reach from 160 million earlier this year. Since March, Remitly has added 11......
GSMA Report Highlights That Mobile Money Accounts Now Exceed One Billion Worldwide
Fintech Mobile Banking News

GSMA Report Highlights That Mobile Money Accounts Now Exceed One Billion Worldwide

Fintech News Desk
by Fintech News Desk0
Mobile Money Industry Processed US$2 Billion in Transactions Per Day in 2019 The GSMA unveiled the annual ‘State of the Industry Report on Mobile Money’, offering a view of the mobile money landscape and highlighting the impact that greater financial inclusion has on lives, economies and innovation, especially in emerging......
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