30 results
- 22 Feb 2023
M-Pesa Eyes Global Remittances Trillion-dollar Market
M-Pesa, the fintech service provided by telecom company, Safaricom, is dipping its feet into the remittance market through a partnership with eCommerce behemoth, Amazon. Founded in 2007, M-Pesa has…
- 8 Jun 2015
SimbaPay Connects World’s First Int'l Access to M-Pesa PayBill
SimbaPay, a leading digital money transfer provider, on Monday, announced the launch of the first product in the world that allows Kenyans living abroad to make M-Pesa PayBill payments. This is a new…
- 24 Feb 2016
HomeSend, Vodafone to Extend M-Pesa Remittance to 5 Markets in 2016
At the Mobile World Congress, HomeSend, the international payment and money transfer hub, announced the expansion of its global framework agreement with Vodafone Group for M-Pesa, including the…
- 30 May 2017
M-Pesa Targets More African Countries in Expansion
Vodafone's popular mobile financial service M-Pesa will expand into more African countries, giving millions of people access to banking services without the need for a bank account, the CEO of…
- 30 Nov 2025
M-Pesa Expands Worldwide With Tap & Pay, Alipay, Visa Partnerships
Vodacom has launched M-Pesa Global Payment, a new service designed to revolutionize cross-border trade and deepen digital financial inclusion. Vodacom The initiative, unveiled in partnership with…
- 13 Mar 2015
Why Nigeria Needs M-Pesa Now
It’s pretty simple; Africa’s largest economy is losing N6 trillion to rural ignorance of mobile money, according to Venture Africa. Mobile money transactions in Nigeria are said to be at a very low…
- 29 Jul 2025
Safaricom, PayPal Collaborate to Link Mobile Money with Online Payments
Safaricom, M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks. This collaboration aims to empower more than 35…
- 27 Nov 2014
Tigo, First MM Service to Pay Profit to Users worth $1.8Mn
Tigo has announced the first of its regular quarterly payments worth US $ 1.8 million, to Tigo Pesa users. This payment comes three months after the company paid a staggering profit of TZS…
- 18 Jan 2010
Verve, Zap, OthersTop 10 African Fin. Service Tech Products in 2009
The task of selecting top 10 technology driven products/services in financial service industry in Africa in 2009 is not an enviable one. In spite of the global financial recession, financial services…
- 3 Aug 2016
Tigo @M360 Africa GSMA Conference Showcases Transformative Financial Inclusion
Tanzania’s leading digital lifestyle company, Tigo (www.Tigo.co.tz) has outlined its strategic priorities that are meant to drive the company’s long-term social investment objectives. Speaking at the…
- 22 Aug 2017
TerraPay, Instant Cash Launch Cross-Border Money Transfers to Mobile Wallets
TerraPay, the world’s first mobile payments switch and Instant Cash, one of the fastest growing money transfer companies in the world, have teamed up to enable real-time cross border money transfers…
- 9 Oct 2019
Facebook Expands its Third-party Fact-checking Programme to 10 Countries in Sub-Saharan Africa
Joining third-party fact-checking programmes in Kenya, Nigeria, South Africa, Cameroon and Senegal, Facebook today announced the expansion of its Third-Party Fact-Checking programme to 10 additional…
- 12 Jul 2017
Xpress Money, TerraPay Partner for Money Transfers to Mobile Wallets in Africa
Xpress Money, one of the world’s most dependable money transfer brands has partnered with TerraPay, the world’s first mobile payments switch, to enable real-time international money transfers to…
- 17 Sept 2012
MobileMoney and Future of Insurance in Nigeria
With growing incidences of natural disasters, crop failures, investment uncertainty, growing population and dwindling natural resources, Africans are more than ever before exposed to the effects of…
- 19 Jan 2009
Mobile Payment: Potential and reality for Nigeria
The ability to pay for goods and services without having to carry cash or cards has universal appeal. In Africa it is being driven by the need to reduce the risk of theft. The mobile is ideal…
- 26 May 2013
Africa Tempts Hi-Tec Companies
Multinational HighTech companies looking for new frontiers and fresh ideas are lining up for a slice of Africa's relatively untapped consumer market. Many experts are saying the continent is poised…
- 29 Aug 2022
Grey Raises $2m to Simplify Cross-border Payments Across Africa
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to…
- 16 Nov 2018
CBN Asks Telcos to Pay N5Bn for Mobile Money Licenses
Central Bank of Nigeria (CBN) has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money services to make a minimum capital deposit of N5bn.…
- 23 Mar 2009
There’s a Line Between e-Payment and Mobile Payment-Moroney
Sean Moroney, is chairman of Aitec Africa, whose core business since 1987 has been focussed on ICT publishing, event management, professional development and training in Africa. Moroney’s…
- 5 May 2018
Safaricom Pilots Messaging App Linked to Mobile money
Safaricom, Kenya's biggest telecoms company, is piloting a social messaging app that will link to its mobile money platform in an attempt to move the company into the application business. Bonga,…
- 2 Apr 2023
Mobile Money Taxation Could Hamper Financial Inclusion Gains in Africa
In an increasingly digital economy, accelerated by the Covid-19 pandemic, there has been greater collaboration between the private sector and governments in Africa to further the continent’s digital…
- 22 Sept 2014
Okere @ WEF, Lists Benefits of NgREN
Austin Okere, founder of CWG Plc and Entrepreneur in Residence at Columbia Business School (CBS), New York, spoke on the Digital Advantage Panel anchored by Nielsen Bronwyn of CNBC Africa at the…
- 23 Mar 2009
There’s a Line Between e-Payment and Mobile Payment-Moroney
Sean Moroney, is chairman of Aitec Africa, whose core business since 1987 has been focussed on ICT publishing, event management, professional development and training in Africa. Moroney’s…
- 15 Feb 2010
Banks, Telcos at War over Mobile Money
An unnecessary cold war has broken out between the financial and telecommunication sectors of Nigerian economy over who controls mobile payment, the forecasted next big thing for financial inclusion…
- 8 Dec 2017
WorldRemit raises $40m to target 5m customers in Africa
By peter oluka Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of…
- 3 May 2016
SimbaPay Announces Single Money Transfer of Up to $45,000 To Africa
SimbaPay is revolutionizing the remittance space through its official announcement of raising the single transaction limit to a whopping $45,000. This is substantially higher than the previous…
- 15 Jul 2016
Safaricom Stays Ahead in Kenya with Nokia’s CEM Technology
Safaricom, the largest integrated telecommunication service provider in East Africa, is improving services for more than 25 million subscribers in Kenya, thanks to Nokia's Customer Experience…
- 20 Apr 2021
CNN’s Connecting Africa Explores Africa’s Telecommunications Industry
In the latest episode of Connecting Africa, CNN International’s Eleni Giokos explores how Africa’s telecommunications industry is transforming business and gearing up for a more interconnected…
- 17 Nov 2015
Mobile Money: Next Global Communications Platform
Mobile money is on a journey. What started as a simple way of paying people using a phone is on the cusp of becoming the next global communications platform. Not just a means of buying goods and…
- 8 Dec 2013
Bitcoin in Africa
Bitcoin is one of the world’s first currency’s to operate without any central authority or banks. Instead, it cuts out the middle man and transactions are carried out peer-to-peer resulting in a much…