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Zambian Mobile Money Startup Zoona Raises $15M, Eyes 10 African Markets
Zoona, one of the leading money transfer service providers in Zambia and Malawi, raised $15 million in its second round of capital funding as it seeks to spread its operations to ten countries across Africa by 2020.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Visa Is Planning a Mobile Payments Push Into Nigeria
Though no launch date has been announced, Visa is in “advanced discussions” with major Nigerian banks. mVisa, which launched in India last August, is primarily an in-store payment method, allowing users to pay for goods or services by scanning a QR code on a smartphone or entering a merchant identifier into their feature phones.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Mobile Money boom: Thousands scramble for agency jobs in Ghana
According to the Bank of Ghana, the number of registered mobile money agents has now hit 93,376 as of the end of the first three months of this year, which is a 200 percent increase in the number of registered agents in just a year.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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There’s a Growing Pressure on African Mobile Operators to Become Innovators
Africa may well be the world’s premier mobile-first continent, but vast swathes of the population still don’t have mobile or internet connectivity. This is a severe limitation as local mobile networks plan out building a customer base, especially when the spending power of that base is low.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Bank of Ghana to Approve Interest on Mobile Money Deposits
The Bank of Ghana will at the end of 2016 give approval for the payment of interest on mobile money deposits in the country. The Deputy Head of Payment Systems at the Bank of Ghana Carissa Kudowor dropped the hint at the MTN Mobile Money Stakeholder Conference in Accra.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Visa to Offer Debit Cards to Millions of Micro Financial Users in Pakistan
Mobile Financial Service, JazzCash, which is a collaboration of Mobilink and Mobilink Microfinance Bank, has entered into a partnership with global payments technology company, Visa, to offer Visa debit cards to consumers.
- Categories
- Technology
- Region
- North Africa & Near East
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Vodacom finds healthy market for funeral insurance in South Africa
Vodacom has launched a new funeral insurance product following the successful launch of its insurance business more than four years ago.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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BREAKING: MTN Launches MoKash – Mobile Money Savings and Loans
Until late last evening, the company’s representatives were still handing out invitations to a launch event, happening this morning and expected to be graced by Uganda’s head of state, H. E. Yoweri Museveni, according to the invitation cards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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