Tuesday
March 10
2020

Visa Partners With Paga on Payments and Fintech for Africa and Abroad

By Jake Bright

Visa  has entered a partnership with Nigeria based startup Paga on payments and technology.

Founded in Lagos, Paga  scaled its fintech business in West Africa, before targeting expansion in Ethiopia and Mexico.

The startup has created a multi-channel network for over 14 million customers in Nigeria to transfer money, pay-bills and buy things digitally through its mobile-app or 24,840 agents.

The new arrangement allows Paga account holders to transact on Visa’s global network. It will also see both companies work together on tech.

Photo courtesy of rawpixel.

Source: TechCrunch (link opens in a new window)

Categories
Finance
Tags
digital payments, emerging markets, financial services, fintech, mobile money, startups, Visa