Africa

Mukuru becomes the first remittance company in Africa to re-introduce Naira payouts directly into Nigerian bank accounts

9 August 2023

Mukuru, one of Africa’s leading fintech providers, introduces pioneering Naira bank top-ups to streamline remittances in Nigeria. Simplifying USD-to-Naira conversions, this innovation addresses customer pain points and caters to Nigeria’s vast...

Luxoft and Finastra to deliver turnkey managed services to banks in EMEA

15 May 2023

Finastra, a global provider of financial software applications and marketplaces, has announced a new managed services partnership agreement with Luxoft, a DXC Technology company, to support Finastra’s Kondor customers in...

AEG partners with Microsoft and Crayon to revolutionise SWIFT infrastructure in MEA

2 May 2023

Allied Engineering Group (AEG), one of the largest SWIFT service bureaus globally, has announced its collaboration with Microsoft and Crayon to bring tailored and compliant solutions to financial service institutions (FSIs) that are migrating their SWIFT...

JSE launches Flagship Investment Challenge

13 March 2023

Virtual trading floors for the Johannesburg Stock Exchange’s (JSE) flagship financial literacy programme – the JSE Investment Challenge – have officially opened as the competition marks a 50-year milestone.  Designed to highlight the...

The future of payments in Latin America 

8 March 2023

Rapid development in Latin America is leading to high levels of innovation in FinTech. EBANX’s Beyond Borders 2022/2023 report explores the causes and potential effects this may have into 2023.  EBANX, a FinTech company that specialises in...

Verto transforms cross-border B2B payments with ForexPeople partnership

11 October 2022

Verto, a leading B2B cross-border payments and Foreign Exchange (FX) enabler, has partnered with ForexPeople to bring secure, fast and seamless global payments to South African businesses buying, selling, or operating globally. With more than US$1.5 billion...

A stats-based approach to hybrid work in the financial sector

8 September 2022

A flexible office environment can better align employee needs and business goals, but the financial and banking sector seems to be reverting to old habits and rallying for in-office presence. Ekta Puthran, MEA Lead – Collaboration,...

Carbon transforms into a full-service bank on Mambu

6 September 2022

Carbon Finance, a Pan-African microfinance bank, has announced it has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion. The agreement enables Carbon to offer the full-spectrum of...

Grey raises US$2 million to simplify cross-border payments across Africa

1 September 2022

Grey, a FinTech started to simplify sending and receiving foreign payments for Africans, has raised US$2 million in seed funding. The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless...

PalmPay hits 10 million user milestone in Nigeria

31 August 2022

PalmPay, a FinTech innovator aiming to make digital payment more accessible and flexible, has announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the...