Moya, an instant messaging and payments app developed in South Africa, has notched up 6.5 million monthly active users and now has market leader WhatsApp firmly in its sights.
Flutterwave is seeking fresh funding at a valuation of $3-billion or more, according to people with knowledge of the matter.
Apple will be hit with an EU antitrust charge over its NFC chip technology, people familiar with the matter said, a move that puts it at risk of a possible hefty fine.
Promoted | There is a risk that in the pursuit of innovation, companies develop fintech solutions for technology’s sake, not to address real needs. By Mukuru CEO Andy Jury.
Anyone can be a banker these days, you just need the right code.
African Rainbow Capital Investments is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to the group.
The monetary authorities of Australia, Singapore, Malaysia and South Africa have come together with the Bank for International Settlements on Project Dunbar.
Uganda’s biggest telecommunications firm, a unit of South Africa’s MTN Group, has launched the East African country’s first mobile phone-based stocks trading platform.
Mobile payments platform M-Pesa has topped 50 million active users – measured by monthly active customers – telecommunications group Vodacom said on Tuesday.
The Bank for International Settlements will test the use of central bank digital currencies with South Africa and other countries in an experiment that could lead to a more efficient global payments platform.