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Hormuud Telecom launches WAAFI, the first mobile money app in Somalia
Hormuud, Somalia's largest telecommunications company, has announced the launch of WAAFI, the country's first native mobile money app. For the...
Read moreOver $200 billion has been wiped from the cryptocurrency market in a single day, as bitcoin falls below $50,000 amid fears of a tax increase
Bitcoin and other cryptocurrencies were trading in the red early Friday, as investors feared that the US government might raise...
Read moreEcobodaa, a Kenyan e-mobility startup, has received funding
Persistent Energy Capital, a Venture capital company that specializes in working with early-stage companies that offer valuable products and services...
Read moreConsumers spent almost $900 Billion more online in 2020 – Mastercard reports
According to Mastercard latest Recovery Insights report, consumers spent nearly $900 billion at online retailers in 2020 as Covid-19 forced...
Read moreNedbank has partnered with Mastercard and Ukheshe technologies for WhatsApp payments
Nedbank has introduced Money Message, a payment platform that allows small and micro businesses to accept in-chat payments from their...
Read moreZeepay has partnered with Moove to enable digital payments in Sub-Saharan Africa
Uber riders and drivers can now receive and make the right digital payments thanks to a partnership between Zeepay and...
Read moreOkra, a Nigerian fintech startup, has raised $3.5 million in funding to expand its operations in Nigeria
Okra, a Nigerian API fintech startup, has raised $3.5 million in seed funding. Susa Ventures, based in the United States,...
Read moreFlutterwave and Worldpay have partnered to expand payment processing in Africa
Through its Worldpay processing platform, FIS will provide domestic payment processing in Nigeria and South Africa through a partnership with...
Read morePayPal’s Venmo mobile payment app now includes a feature that allows users to buy and sell cryptocurrencies
PayPal's Venmo mobile payment app will now allow users to buy, hold, and sell bitcoin and other digital tokens, potentially...
Read moreThe International Monetary Fund (IMF) supports digital money for cheaper remittances and cross-border transfers
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has urged governments and individuals to use digital money...
Read morePeach Payments, a fintech company, has secured funding with plans to expand across Africa
In the most recent business investment round, Peach Payments, a local fintech, secured an undisclosed sum of funding. Umkhathi Wethu...
Read moreSendSpend a fintech firm is launching a digital payment system for Africa’s unbanked
SendSpend intends to launch its global payment system app, which will enable unbanked Africans to make payments and transfers using...
Read moreThe Big 5
