NextBillion - A WDI Publication

Press Release: Visa Makes Strategic Investment in Moniepoint to Accelerate Financial Inclusion for African SMEs

Investment from global payments leader accelerates Moniepoint’s momentum as Nigeria’s Largest SME-Focused Fintech.

Source

Business Wire (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

digital payments, financial inclusion, fintech, MSMEs

Veon Group Invests $15 Million in Mobilink Bank for Growth and Tech Advancements in Pakistan

The capital aims to bolster Mobilink Bank’s efforts in expanding its services in Micro, Small, and Medium Enterprise (MSME) financing.

Source

TechJuice (link opens in a new window)

Categories

Investing

Region

North Africa & Near East

Tags

digital finance, digital inclusion, digital payments, financial inclusion, innovation, Islamic finance, microfinance, MSMEs

WhatsApp Pay Becomes Available For All Users In India

With WhatsApp's massive user base of over 500 million in India, this development could significantly alter the competitive landscape of digital payments.

Source

Acko Drive (link opens in a new window)

Region

Asia Pacific

Tags

corporations, digital finance, digital inclusion, digital payments, fintech, regulations

Juicyway Steps Out of Stealth with $3 Million to Simplify Cross-Border Transactions in Africa

P1 Ventures backs startup as it launches efficient currency exchange using stablecoin technology for individuals and businesses to participate fully in the global economy.

Source

TechBuild Africa (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

cryptocurrency, digital payments, fintech, remittances, startups

HUB2 Banks $8.5 Million to Become the ‘Stripe for Francophone Africa’

Today, HUB2 operates as the backbone for 55 fintechs across French-speaking Africa.

Source

TechCrunch (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

business development, cryptocurrency, digital payments, fintech, remittances, startups

Billboxx Raises USD 1.6 Million to Streamline African Business Payments

Billboxx aims to address inefficiencies in SME payment workflows across Africa and MENA.

Source

WAYA Media (link opens in a new window)

Categories

Finance

Region

Sub-Saharan Africa

Tags

business development, digital payments, financial inclusion, innovation, startups

Africa: M-Pesa Expands Payment Services to China Through Strategic Partnership with Thunes

Expected to launch in the coming months, this innovation addresses the challenges faced by travelers navigating China’s cashless economy.

Source

RegTech Africa (link opens in a new window)

Categories

Finance, Technology

Region

Global

Tags

digital payments, financial inclusion, fintech, infrastructure, mobile finance, partnerships

OPay Partners with AfriGOpay to Boost Digital Payments in Nigeria

AfriGO, Nigeria’s National Domestic Card Scheme aims to deepen financial inclusivity, by utilising innovative products, a customer-focused approach, and cutting-edge technology.

Source

The Will (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

digital payments, financial inclusion, fintech, innovation