In a surprise move, the Reserve Bank of India has reportedly asked card networks like Visa and Mastercard to stop card-based commercial payments made by corporations and small enterprises....
India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s ubiquitous UPI payments network, which processes over 10...
India’s largest private sector bank, HDFC Bank, on February 6 launched four new small and medium enterprises (SME)-focused credit cards to cater to the specific needs of entrepreneurs, freelancers,...
StacAi, a Financial Trust Infrastructure, has been appointed as the technology partner for the development of the Ghana Integrated Financial Ecosystem (GIFE) in collaboration with the Bank of Ghana...
Ericsson (NASDAQ: ERIC) and the MTN Group (JSE: MTN) have strengthened their partnership to enhance mobile financial services and financially empower millions of citizens across Africa. The partnership is...
Saudi Arabia-based buy now, pay later (BNPL) platform Tamara has become that nation’s first unicorn. The company announced Monday (Dec. 18) that it had closed a $340 million Series...
Zepz, the money transfer group that owns WorldRemit, made a fresh round of layoffs.The British fintech unicorn, which is backed by TCV, Accel, Leapfrog and other major venture capital...
Justice Okamgba Zazuu, an Africa-focused fintech company has officially announced the cessation of its operations. The startup, which positioned itself as the world’s first cross-border payment marketplace, cited its...
A leading cross-border fintech company, Grey, has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design. This strategic move aligns with the company’s...
In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi,...