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What We Know About the Zimbabwean Gold-Backed Digital Currency
Zimbabwe has launched a gold-backed digital currency. It will be used as legal tender alongside the Zimbabwean dollar.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Nomba, an African Fintech Raises $30 Million Pre-Series B
Nomba (formerly Kudi) has secured $30 million pre-Series B to expand its payment solutions for African businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Payment Orchestration Fintech IXOPAY Teams Up with Latin America’s EBANX
The partners will focus on providing access to local payment solutions for global brands and to consumers.
- Categories
- Finance, Technology
- Region
- Latin America
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Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
Nigeria has one of the lowest insurance penetration rates in the world, at just 0.5%. But as Brian Yu at Shecluded explains, this low uptake means the industry is poised for disruption and growth. He explores how insurtech innovators are addressing the key problems plaguing the sector — namely, a lack of accessibility, affordability and customer trust — and calls for funders to look past their traditional focus on mobile money and invest in the insurtech businesses that are transforming the way the industry serves low-income customers.
- Categories
- Finance, Investing, Technology
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Volante Technologies and HCLtech Collaborated to Enhance Modernisation of Cloud Payments for Financial Institutions
The companies will promote payments modernization to assist financial institutions in keeping up with the industry’s fast-paced digital disruption.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- digital payments
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Bank Alfalah Partners with Access Group to Boost Digital Payments Ecosystem in Pakistan
Through the DigitalPass acceptance network of Access Group, the partnership will embed merchants nationwide with Bank Alfalah’s point-of-sale (POS) and e-Commerce ecosystem.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Sao Tome and Principe: African Development Bank Signs $3.2 Million Loan Agreement for Upgrade of National Switch Payment System
Automated Clearing House functionalities will strengthen the clearing and settlement of payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Access Bank, AfriGOpay Partner To Boost Payment Ecosystem
Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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