New research from Visa reveals a significant opportunity for cross-border payment providers to become consumers’ trusted choice. Cross-border payments are projected to reach $250 trillion (€243 trillion) by 2027,...
Cushion, an app that helped Americans negotiate bank and credit card fees to get refunds, has shut down. In a post on LinkedIn, CEO Paul Kesserwani says the decision...
Ghana’s President, John Dramani Mahama has advocated the promotion of Fintech and e-commerce to facilitate trade and economic participation. Fintech is a term that describes the use of technology...
Safaricom and Kenyan commercial banks claim the Central Bank’s (CBK) plan to build a fast payment system (FPS) could cost at least $200 million (KES25.9 billion) and take up...
2024 was a pivotal year for many industries: geopolitical instability, economic changes, and the rise of AI dominated the news cycles and transformed business practices everywhere. The payments industry...
Mastercard has expanded its operations in West Africa with the opening of its first office in Accra, Ghana. This strategic milestone underscores Mastercard’s commitment to supporting the country’s growing...
Shanghai ranked as the world’s third-most competitive fintech center for the second straight year thanks to its fintech strength and development resilience, according to the latest list compiled by...
In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s most prominent unicorns, Moniepoint and OPay, were fined ₦1 billion...
In Q3 2024, the US RegTech sector experienced substantial declines in both deal activity and funding compared to the same quarter last year. Only 71 deals were recorded in...
Ghanaian retail-tech startup Tendo Technologies has announced its strategic acquisition of counterpart Shopa in deal aimed at revolutionising supply chain infrastructure across Africa. Founded in 2021 by Felix Manford,...