Facebook has been given the green light to launch WhatsApp payments in India after a number of regulatory delays.
MTN has re-entered the South African mobile money market after shelving its previous offering over three years ago.
Myanmar’s state-owned MPT has launched its mobile money platform after getting the green light from the country’s central bank in October last year.
Ghanaian bank GCB has stated that it will launch its G-Money mobile money platform on 30th January.
Orange Jordan, a provider of telecommunications services in Jordan, officially launched its mobile e-wallet service, Orange Money, at a special event this week.
MTN has announced that its mobile money service, MoMo, already available in a number of African countries, will go live in South Africa in January 2020.
Mobile money deals with major international players are clearly the order of the day in sub-Saharan Africa at the moment. The latest announcement highlights a service for Tanzanians living abroad.
Payments solutions providers FSS (Financial Software and Systems and Arab Financial Services (AFS) have entered into an agreement to bring omni-channel payment acceptance solutions to banks in the region.
Digital payments company Visa and the pan-African fintech company MFS Africa have announced a partnership that, they say, will help bridge the gap between the rapidly growing mobile money ecosystem in Africa and the world of online digital payments.
A recently announced deal will see Airtel Africa’s mobile money operations integrated with Finablr’s technology platform and global network to facilitate seamless inward and outbound cross-border payments.
Telecoms giant Airtel Africa and pan-African banking group Ecobank Transnational Incorporated have signed a partnership that could enhance mobile commerce for their customers.
Myanmar’s state-run operator MPT has been granted a mobile financial services licence by the country’s central bank after a lengthy approval process.
A major new digital payments initiative has been launched across 14 African countries. Will it transform the digital payments landscape?
Moroccan operator inwi has recently launched a new mobile money service called ‘inwi money’. The service works on mobiquity Money, a platform offered by mobile solutions provider Comviva.
The continuing rollout of innovative financial services for those with limited, or no, access to banks is also inspiring all sorts of innovation, including a concept that its originator Juvo calls Financial Identity as a Service (FiDaaS).
Mauritius Telecom has deployed the country’s first national mobile payment solution in the capital of Port Louis.
Zain Group is adding a new platform to its Zain Cash mobile finance offering that will allow refugees in Iraq to cash-out their financial assistance via iris identification.
WhatsApp has approached several digital payments firms in Indonesia as it seeks to bolster its messaging service by integrating money transfer options.
Vodafone Idea is shuttering both its m-Pesa operation and the Aditya Birla Idea Payments Bank as it looks to forge partnerships in the financial technology sector.
fonYou has launched a white-label solution for mobile carriers in Latin America to interact with and sell products to customers via Facebook Messenger.
Liudvikas Andriulis, Chief Marketing Officer at Effortel, explains how his company has helped to launch MVNOs around the world.
Leading international banking group Standard Chartered has announced another multi-market launch of its digital bank – this time in Botswana, Zambia and Zimbabwe – as part of its digital transformation strategy in Africa.
ARB Apex Bank has renewed its contract with Temenos to provide banking and non-banking services for Ghana’s Rural and Community Banks (RCBs) and their customers.
Thunes has extended its network in Mongolia adding LendMN– the first Mongolian FinTech - in an effort to promote financial inclusion and smarter payment solutions.
Thunes has completed its $10 million Series A financing led by venture firm GGV Capital.
Safaricom is expanding its cooperation with Equity Group in order to push m-Pesa into other markets while driving greater financial inclusion in Kenya.
Another example of how mobile networks in many countries are able to overcome problems of accessibility to banks comes from Zimbabwe, where WhatsApp is now an enabler for banking services.
Tajikistan’s Tcell has launched a smartphone-based mobile finance offering branded as TezSum.
Eafricalab will use ACI Worldwide’s UP Retail Payments solution for Postillion to better serve consumers across 25 African countries.
At MWC 2019, we spoke to Orange’s MEA chief Alioune Ndiaye about the group’s ambitions in the region. Whether it’s eliminating the digital divide or empowering the masses through mobile money, Orange foresees a prosperous future for the continent.
Western Union has teamed up with Thunes, a cross-border payments network for emerging markets, to enable Western Union customers to send funds directly into mobile wallets around the world.
Global cross-border payments network for emerging markets Thunes has partnered with Singtel to enable the Myanmar diaspora in Singapore to send money back to their home country through their mobile devices.
Standard Chartered has completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly.
The level of financial inclusion in the Democratic Republic of the Congo (the DRC) stands at 26%.
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