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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India Tops Global Remittance Charts at USD $125 Billion in 2023: World Bank Report
The Indian economy, buoyed by a tight labour market in the United States and robust employment growth in Europe, outperformed previous forecasts.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- employment, migrants, remittances
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Achieving the Latina American Dream: How Entrepreneurship Can Empower Latin American Migrant Women and Their Communities
Latin American migrant women in the U.S. have the potential to be drivers of economic growth for themselves, their families, their communities and their countries — both native and naturalized. But as Carmen Correa at Pro Mujer explains, they often lack the tools and opportunities they need to build successful livelihoods, while facing unique obstacles. She explores why entrepreneurship provides a solution to these challenges, and discusses a free skilling platform that Pro Mujer offers to support Latina migrants in their entrepreneurial journey.
- Categories
- Finance
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Flutterwave Cleared as Kenyan Court Okays Agency’s Request to Withdraw Second Case
The case withdrawal brings relief to Flutterwave as it hopes to acquire a payments service provider and remittances license from the Central Bank of Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Wellahealth’s Healthsend Africa Enters Kenya, Plans to Expand into Other African Countries
Immigrants can use the service to top up a website wallet system and pay for many healthcare services the company offers for their family members in Nigeria and Kenya.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: Bancolombia and Terrapay Sign Contract to Strengthen Cross-Border Remittances Across Colombia
As part of their collective commitment to enhance financial inclusion, the two companies will enable seamless cross-border transfers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Brazilian Payments Firm, EBANX, Expands into 8 New African Countries
Besides Africa, the fintech firm also revealed its plans for further expansion across Latin America and the Caribbean.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa