Financial Inclusion in Africa with Vipaso & Horizon – ITNA Digital Innovation Podcast EP 2
This week on IT News Africa’s Digital Innovation Podcast, Luis Monzon interviews Peter Neubauer, CEO of Austrian fintech startup Vipaso. Vipaso has recently released its digital payments innovation “Horizon” in many markets across Africa with Vipaso hoping to boost financial inclusion through the solution and choice partners. Around 57% of the total population of Africa…
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Nigeria’s Flutterwave Launches in Tanzania
Nigerian fintech unicorn Flutterwave, one of Africa’s leading payments technology companies, has gained approval from the Bank of Tanzania (BoT) to launch its payment services in the Republic of Tanzania. The approval comes after the Bank of Tanzania conducted due diligence and Flutterwave satisfied all requirements necessary to receive a license to operate in the…
UBA & Cellulant Join Forces to Unite Africa’s Payments Ecosystem
Nigeria’s United Bank for Africa (UBA), and Cellulant, a leading Pan-African payments company, have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania, Uganda, the Republic of Benin, Burkina Faso, Cameroon, Chad, Congo,…
Telkom Launches New Mobile Pay App for SMMEs in SA
Telkom Financial Services has launched the Telkom Pay Mobile Point-of-Sale (mPOS) app, a fintech tool that allows small, micro, and medium business owners to make and receive payments through their mobile phones. Telkom says that the said businesses will be able to use the app anytime and anywhere. The South African telecom provider says it…
South Africa’s Yoco Acquires Fintech Agency Nona Digital
Yoco, an African payments, and software company has acquired one of the leading fintech and Web3 software development agencies in Africa, Nona Digital. According to the announcement, this acquisition significantly accelerates Yoco’s roadmap by bringing a team of highly specialized fintech product and technology professionals to join Yoco’s team. The two companies have been in…
Fonbnk Raises $3.5-Million in Seed Funding to Aid Underbanked Across Africa
Fonbnk, a US-based company that leverages the widespread penetration of billions of prepaid mobile SIM cards to enable interoperability between the Web3 internet and traditional fiat-based monetary systems, announced on Tuesday the closing of a $3.5 million seed round. Fonbnk allows anyone in Africa and other emerging markets that use prepaid mobile SIM cards to…