Digital money transfer service WorldRemit and leading African financial institution Guaranty Trust Bank have launched new money transfer routes to West and Central Africa.
Leading digital money transfer service WorldRemit today launches instant overseas remittances to MTN Mobile Money accounts in Cameroon.
Computop a leading payment service provider in emerging markets, recently announced a partnership that offers retailers with payment solutions for high growth markets around the world.
Africa has been a hotbed of activity for financial technology companies, with many Western firms flocking to the eager continent for new ideas and business opportunities.
Another major player in the traditional finance services sector has invested into a financial technology firm.
British banking giant Barclays is launching a financial technology startup in Africa as part of its global fintech investment plan.
Mozido, a leader in financial technology products and solutions, announced a new partnership with Taiwan Mobile Payments Co. (TWMP).
Mobile payments tackle two key issues with the current banking system. For advanced regions, the technology is praised for its convenience and around-the-clock service.