-
Tazapay Raises $36 Million in Total Series B Funding to Scale Next-Generation Payment Rails Globally; Circle Ventures Leads Extension
The extension reflects investor alignment around Tazapay's regulated, last-mile infrastructure, which harnesses modern digital settlement technology to power cross-border payments for businesses operating across emerging markets — replacing legacy banking rails with faster, more capital-efficient alternatives.
- Categories
- Finance, Technology
- Region
- Global
-
TransFi Inc. Raises $19 Million to Build an Emerging Markets–Focused Global Payments Platform on Stablecoin Rails
The Series A funding will be deployed to accelerate expansion across high-growth emerging market corridors across South-East Asia, South Asia, Middle East, LatAm and Africa, deepen regulatory licensing, and strengthen TransFi’s liquidity network.
- Categories
- Finance, Technology
- Region
- Global
-
Divest Launches Money Xchange to Simplify Cross-Border Payments in Africa
One of the main features of Money Xchange is transparency. The platform allows users to see exchange rates before they confirm a transaction.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
South African Anti-Fraud Startup Orca Secures $2.35 Million Seed Round to Protect Emerging Market Payment Rails
As financial inclusion accelerates across Africa, largely driven by mobile money and e-wallets, cybercrime has followed suit. According to an Interpol report, South Africa was the most cyber-attacked country on the continent and the third most globally in 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Silverflow Secures $40 Million to Grow Global Payments Platform
The new capital will also support geographic expansion, particularly in North America through the company’s New York operations, while strengthening its presence in Southeast Asia.
- Categories
- Technology
- Region
- Global
-
Press Release: Pesalink and PAPSS Unlock Cross-Border Payments in Local Currencies in Kenya
The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Pan-African Fintech NALA Deepens Stablecoin Rails to Speed up Dollar Flows
Partnering with Noah allows NALA to offer global account usage, where companies can collect dollars anywhere in the world and pay out instantly in local currencies, all through licenced, regulated rails, said Fernandes.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Rising Payment Costs Push Uber to Drop Visa in Kenya
Uber confirmed the decision, which took effect in January, in a statement to TechCabal, pointing to a review of payment methods following a jump in global costs.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.