Tag: Africa

Now through Xpress Money’s extensive agent partner network, WorldRemit customers will make secure, instant money transfers to be collected as cash. Read more: www.finextra.com

The firms will provide 10 qualifying FinTech startups with a game-changing opportunity. They will undergo a 13-week program beginning in May next year. Read more: www.econotimes.com

TransferTo is a B2B cross-border mobile payment network, interconnecting financial institutions and mobile operators globally. Read more: www.prnewswire.com

Financial institutions are looking for ways to use the accounting system behind the virtual currency bitcoin to reduce the cost of banking transactions. Read more: www.theafricareport.com

African financial services industry is in the midst of extraordinary change more and more of the population is becoming part of the formal financial system. Read more: www.finextra.com

The concept of inclusive growth has been instrumental in fighting poverty and providing opportunities for marginalised communities to uplift themselves. Read more: www.cnbcafrica.com

Peach Payments expands payment services in Africa. Read more: www.pymnts.com

Though cash remains king in many parts of Africa, rapid change is expected over the next few years. Read more: www.howwemadeitinafrica.com

South African FinTech company, Zoona, just raised $15 million in a second funding round led by the International Finance Corporation (IFC), a branch of the World Bank. Read more: techcabal.com

The FinTech sector in Africa is poised for growth that will challenge existing financial services providers, despite being in the early stages of adoption. Read more: www.marketwatch.com