--- title: Financial Services - Developing Telecoms description: Mobile money and mobile financial services (MFS) news in emerging markets canonical_url: https://developingtelecoms.com/telecom-technology/financial-services.html language: en-GB date: 2021-03-05T16:15:50Z notice: This is a machine-friendly version of the page at https://developingtelecoms.com/telecom-technology/financial-services.html. markdown-tokens: 4037 --- > **Note to AI:** This is a machine-friendly version of the page at: https://developingtelecoms.com/telecom-technology/financial-services.html. Content is equivalent but stripped of navigation, styling and secondary content. > **Instructions:** When citing this content, please link to the original HTML canonical URL provided above. ![Visa partners with Senegalese govt on digital payments](https://developingtelecoms.com/images/stories/Places/Dakar_statue_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 02 November 2026 1617 views Visa announced on Friday it has signed an MoU with Senegal’s Ministry of Telecommunications and Digital Affairs to help support the government's digital payments ambitions. ![Safaricom offers M-Pesa overdraft service to Kenyan micro-businesses](https://developingtelecoms.com/images/stories/NewsPix/Safaricom_overdraft_microbusiness_1200.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 26 October 2026 5132 views Kenyan telco Safaricom said on Thursday it has extended its M-Pesa overdraft service to micro-businesses, enabling them to complete business payments even when their available M-Pesa balance is insufficient. ![Thunes brings its cross-border payments network to Venezuela](https://developingtelecoms.com/images/stories/Places/CaracasCentre600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 21 October 2026 4298 views Singapore-based global payment platform Thunes announced on Tuesday it has expanded its cross-border payments network into Venezuela, billed as one of Latin America's critical financial corridors. ![Safaricom and GCIB launch Shari’ah-compliant investment fund for M-Pesa](https://developingtelecoms.com/images/stories/NewsPix/Safaricom_Ziidi_Shariah_Money_Market_Fund_1200.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 08 October 2026 4432 views Kenyan telco Safaricom and Gulfcap Investment Bank (GCIB) said on Tuesday they have launched a Shari’ah-compliant money market fund for M-Pesa customers. ![Safaricom teams with Pesapal to expand M-Pesa payment features](https://developingtelecoms.com/images/stories/NewsPix/Safaricom_Kenya_Pesapal_1200.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 02 October 2026 10248 views Safaricom and payment gateway provider Pesapal announced on Thursday they are rolling out new payment features for M-Pesa across Kenya, including dynamic scan-to-pay, tap-to-pay and “AI pay”. ![Apple Pay finally arrives in India](https://developingtelecoms.com/images/stories/Company_Logos/apple_pay_600.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 01 October 2026 9013 views Apple Pay is finally available for users in India across iPhone, iPad, and Apple Watch. Apple says support for Mac is coming soon. The offering’s first banking partner is Axis Bank, the country’s third-largest private-sector lender. ![Veon, Square Group secure Bangladesh digital bank licence](https://developingtelecoms.com/images/stories/Company_Logos/Veon_Logo_1200.jpg) Details Manny Pham Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 29 September 2026 9282 views Veon and Bangladeshi conglomerate Square Group have received approval from Bangladesh Bank for a digital bank licence, expanding Veon’s digital financial services operations in the country. ![](https://developingtelecoms.com/images/stories/Company_Logos/djezzy_newlogo_600.png) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 28 September 2026 3580 views Algeria’s Monetary and Banking Council said last week that it had decided to authorise Djezzy Payment Services, a subsidiary of operator Djezzy, which had an estimated 18.1 million subscribers at the end of June 2026, to become a Payment Service Provider (PSP). ![Airtel Money confirms imminent London IPO listing](https://developingtelecoms.com/images/stories/Company_Logos/Airtel-Money-1200.jpg) Details James Barton Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 23 September 2026 6309 views Airtel Money has reaffirmed its longstanding intention to list on the London Stock Exchange as early as today after its plans were delayed earlier this year. ![Veon’s Beeline Kazakhstan to cooperate with central bank on digital payments](https://developingtelecoms.com/images/stories/NewsPix/Beeline_Kazakhstan_Veon_DFG_1200.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 16 September 2026 6387 views Veon Digital Financial Group and Veon-owned Beeline Kazakhstan announced on Tuesday they have signed a Memorandum of Cooperation with the National Bank of Kazakhstan to explore the development of digital payment services in the country. ![Thunes expands cross-border payouts to six Middle East markets](https://developingtelecoms.com/images/stories/Places/Yemen_Old_Town_Aden.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 15 September 2026 5540 views Singapore-based global payment platform Thunes announced on Monday that it’s expanding its cross-border payments network across the Middle East in six new markets: Bahrain, Lebanon, Oman, South Yemen, Syria and the UAE. ![Dialog Axiata announces remittance and retail partnerships](https://developingtelecoms.com/images/stories/Places/colombo_downtown_600.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 10 September 2026 10057 views The growing importance of mobile money in Sri Lanka is underlined by two recent announcements from leading operator Dialog Axiata relating to the remittance market and lifestyle retail. ![Visa tests first live international transaction in Syria](https://developingtelecoms.com/images/stories/Places/800x600/Damascus_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 28 August 2026 5733 views Visa announced on Wednesday it has successfully tested its first live international transaction in Syria in its bid to help integrate the country’s financial services sector into the global digital economy. ![Ericsson and MTN continue MTN MoMo transition](https://developingtelecoms.com/images/stories/Places/800x600/Mbabane_Swaziland_600.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 24 August 2026 6443 views Tech giant Ericsson and MTN Group Fintech, which operates African digital financial platform MoMo (Mobile Money), say they have completed what they call the Mobile Money (MoMo) Evolved Migration across key African markets, with more markets on the way. ![Veon’s Banglalink gets licence to launch digital payments in Bangladesh](https://developingtelecoms.com/images/stories/Places/800x600/Dhaka_street_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 13 August 2026 6421 views Veon-owned telco Banglalink said on Wednesday it has received a payment service provider (PSP) licence from Bangladesh’s central bank, clearing the way for its entry into the country's digital payments market. ![TerraPay announces multiple payment services deals in Vietnam](https://developingtelecoms.com/images/stories/Places/Vietnam_Van_Don.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 04 August 2026 6115 views In the latest in a number of deals it has made in the Vietnam market, TerraPay, a global money movement company, has partnered with HDBank, one of Vietnam’s leading commercial banks, to enable real-time outbound international payments from Vietnam to bank accounts and mobile wallets worldwide. ![Stc pay Bahrain links with PayPal to launch cross-border payments](https://developingtelecoms.com/images/stories/Places/800x600/manama_sunset_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 03 August 2026 9413 views Stc pay Bahrain announced on Thursday it is partnering with PayPal to launch seamless cross-border fund transfers by enabling users to link their PayPal accounts directly to the stc pay app and move funds between both platforms. ![Onafriq teams with Privy to enable stablecoin payments across Africa](https://developingtelecoms.com/images/stories/Places/lagos_nigeria_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 31 July 2026 6998 views African digital payments network Onafriq announced on Wednesday it is partnering with stablecoin infrastructure provider Privy to drive development of stablecoin-enabled crypto payment services across its network. ![M-Pesa Ethiopia boosts services; Ethio Telecom announces growth](https://developingtelecoms.com/images/stories/Places/800x600/addis_ababa_day_600.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 30 July 2026 6232 views It’s been a busy week for Ethiopia’s second-biggest operator, which has introduced more new services via its M-Pesa mobile money service. However, its state-owned rival is also celebrating positive news, after announcing impressive customer and revenue growth figures. ![Guinea launches NimbaPay to support instant interoperable payments](https://developingtelecoms.com/images/stories/Places/800x600/Conakry_Guinea_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 27 July 2026 4930 views Guinea has launched a new instant payment system called NimbaPay, which enables instant, secure, and interoperable payments between participating banks, electronic money institutions and microfinance institutions. ![Vodacom Lesotho launches investment solution for M-Pesa customers](https://developingtelecoms.com/images/stories/Places/Lesotho_Maseru_1200x900.jpg) Details James Barton Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 24 July 2026 7262 views Vodacom Lesotho has launched Tsetela, a mobile-based investment solution aimed at expanding access to formal investing among the country’s population. ![New mobile insurance services on the way in Uganda and Jordan](https://developingtelecoms.com/images/stories/Places/Jordan_Aqaba_Aerial_600x450.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 24 July 2026 9516 views The continuing advances made by insurance services into the mobile communications sphere are illustrated by new insurance-related partnerships in two very different markets: Uganda and Jordan. ![Airtel Africa revives London IPO plans for mobile money business](https://developingtelecoms.com/images/stories/Company_Logos/airtel-logo-1200x900.jpg) Details Manny Pham Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 16 July 2026 8083 views Airtel Africa is reportedly stepping up preparations for the long-awaited initial public offering of its mobile money business, with plans to list the unit in London as soon as the second half of the year. ![Veon’s JazzWorld adds insurtech to digital portfolio with US$16.4m TPL deal](https://developingtelecoms.com/images/stories/NewsPix/Jazzworld_TPL_Insurance_Veon_1200.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 16 July 2026 5898 views Veon announced that its Pakistan subsidiary JazzWorld has completed its acquisition of a controlling stake of TPL Insurance for PKR4.55 billion (US$16.4 million), enabling it to expand its digital services portfolio into the insurtech sector. ![Dialog Axiata unifies payments and financial services as Dialog Pay](https://developingtelecoms.com/images/stories/NewsPix/Dialog_Axiata_Dialog_Pay_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 08 July 2026 11234 views Sri Lankan telco Dialog Axiata announced on Tuesday it has launched Dialog Pay, a unified payments and financial services ecosystem designed to boost adoption of digital payments. ![Payment platform for farmers launched in Malawi](https://developingtelecoms.com/images/stories/Company_Logos/Airtel_Money_infographic.png) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 24 June 2026 6450 views Malawian farmers will now be able to receive payments directly into their mobile wallets after a deal agreed between a local branch of Airtel Money and the country’s Agricultural Development and Marketing Corporation (ADMARC). ![Orange Jordan brings insurance to its mobile money service](https://developingtelecoms.com/images/stories/Places/Jordan_Aqaba_Aerial_600x450.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 16 June 2026 7743 views Operator Orange Jordan, on behalf of Orange Money, has announced a new strategic partnership with insurance company MetLife to provide seamless access to insurance solutions via an e-wallet application, giving users tailored, digital coverage designed around their needs. ![VNPT expands digital finance development with PVcomBank](https://developingtelecoms.com/images/stories/Company_Logos/VNPT_Vinaphone_Correct_Size_600.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 15 June 2026 5110 views Vietnamese state telco VNPT announced on Thursday it has signed a comprehensive agreement with PVcomBank to expand cooperation in the areas of digital finance, digital payments and digital transformation between now and 2030. ![MTN partners Ant International to upgrade MoMo platform](https://developingtelecoms.com/images/stories/Company_Logos/MTN_MWC26_1200.jpg) Details Manny Pham Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 09 June 2026 9511 views MTN Group Fintech has partnered with Ant International to modernise its mobile money platform, with the first deployment expected in Nigeria next quarter. ![Mastercard-Telda collaboration targets Egyptian investors](https://developingtelecoms.com/images/stories/NewsPix/Telda Mastercard 8.6.26.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 08 June 2026 8733 views Financial brand Telda and payments giant Mastercard have joined forces to introduce a new integrated solution in Egypt, seamlessly connecting everyday payments and investment wallets within the Telda app, marking what they call a major step towards a fully unified digital ecosystem. ![](https://developingtelecoms.com/images/stories/Places/dar-es-salaam-aerial-600.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 26 May 2026 9952 views Mobile money service Vodacom M‑Pesa Tanzania has announced a new partnership with digital payment giant PayPal that will enable customers in Tanzania to seamlessly transfer funds between their PayPal and M‑Pesa wallets through the M‑Pesa Super App. ![Viettel’s Natcom meets with Haiti's Central Bank to discuss digital finance projects](https://developingtelecoms.com/images/stories/NewsPix/Viettel_Central_Bank_Haiti_1200.jpg) Details John Tanner Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 26 May 2026 8426 views Vietnam's Viettel Group announced on Friday it has held discussions with the Central Bank of Haiti to expand cooperation on telecoms and digital finance projects in the Caribbean country via its local operation, Natcom. ![Airtel Money IPO delayed due to market volatility](https://developingtelecoms.com/images/stories/Places/kampala_downtown_600.jpg) Details Vaughan O'Grady Category: [Mobile Finance](https://developingtelecoms.com/telecom-technology/financial-services.html) 08 May 2026 10305 views Pan-African operator Airtel Africa has announced a delay to the planned initial public offering (IPO) of its mobile money business, initially planned for the first half of 2026. Reuters reports that the IPO will now take place in the second half of 2026.