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Kenya and Ghana Are Front-Lining the Global Mobile Money Market
The value of Africa’s mobile money transactions grew 39 percent to $701.4 billion in 2021 from $495 billion in 2020, according to GSMA.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mexican Neobroker Flink Raises $57 Million To Boost Financial Inclusion in Latin America
Flink, a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners.
- Categories
- Finance, Technology
- Region
- Latin America
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Philippine Fintech Voyager Raises $167 Million for Digital Banking Push
The fresh capital will give the company behind the PayMaya mobile wallet additional firepower as competition heats up in the country's fintech sector.
- Categories
- Finance, Technology
- Region
- South Asia
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Mastercard and Zamtel Partner to Transform Payments in Zambia
Mastercard and Zamtel has announced entering into a strategic partnership that will enable Zamtel Mobile Money customers to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Singapore-Based Neobanking Startup StashFin Raises $40 Million in Series B Extension Equity Financing Round
Singapore-based neo-banking startup Morus Technologies Pte Ltd 'StashFin' has announced the successful completion of Series B Extension equity financing of USD 40 million from a clutch of global investors.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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Mastercard to Infuse $100 Million in Airtel Africa’s Mobile Money Business
Airtel Africa on Thursday announced that Mastercard would invest USD 100 million (about ₹733 crore) in its wholly-owned subsidiary Airtel Mobile Commerce BV (AMC BV).
- Region
- Sub-Saharan Africa
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Accel-Backed Mobile Money Platform Nala to Start Offering Remittance Services to East Africa
In Tanzania, mobile money services can be relatively difficult to use due to unstable internet and high service fees.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MTN Teams up With Mastercard on Mobile Wallets in Africa
Africa’s leading mobile operator MTN has partnered with payment platform Mastercard to add online payment functions to its mobile wallet for user across its fintech footprint.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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