Duplo
Business Payment Report

Report Reveals Preference for Ease of Use, Reliability and Speed as African Businesses Transition From Cash-based B2B Payments 

A new report that includes the surveyed opinions of more than 1,000 business owners from Kenya, Nigeria, South Africa and

Momo
Payment

Barely a Month After Commencing Operations, MTN Nigeria’s Momo PSB Loses $53.7m to Fraud

Momo Payment Service Bank, a subsidiary of MTN Nigeria has alleged a fraudulent loss of N22 billion in one month

PocketApp
Ecommerce Fintech Payment

Abeg Rebrands to PocketApp, Secures Approval in Principle to Operate as a Mobile Money Firm

Abeg, a Nigerian social commerce platform, has rebranded to Pocket by Piggyvest-PocketApp and has received Approval in Principle from The

Thepeers
Payment

Nigeria’s Thepeer Secures $2.1m Seed Funding to Facilitate African Expansion

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has secured a $2.1 million seed round led by The Raba Partnership.

MFS Africa
Africa Fintech Funding Investment Payment

MFS Africa Announces $100m Extension of its Series C

MFS Africa, Africa’s largest digital payments network, has announced that it has secured an additional US$100 million in equity and

Klasha
Ecommerce Funding Payment Venture Capital

Klasha Closes Additional $2.1m Funding to Boost Cross-border Commerce in Africa

Klasha, a San Francisco and Lagos-based technology company transforming cross-border African commerce, has raised an additional $2.1 million to complete

Ukheshe
Payment

Ukheshe Launches First Certification-free Tap-on-Phone Payment Solution

Ukheshe Technologies, the South African embedded finance enabler, has announced the launch of the very first tap-on-phone payment solution that requires

GTCO
Fintech Payment Product Launch

GTCO Launches Squad Co, Its New Payment Unit

Guaranty Trust Holding Company Plc (GTCO) PLC has launched Squad Co which it describes as its new fintech/payment unit. In

Airtel
Payment Product Launch Telecom

Airtel Payment Service Bank, SmartCash Launches in Nigeria

Airtel Africa has revealed the official commencement of operations of its payment service bank tagged SmartCash in Nigeria. This revelation

Momo
Payment Product Launch

MTN’s MoMo Payment Service Bank (PSB) Formally Begins Operations

Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN