Digital payments company Stripe raised $600-million in its latest round of funding, valuing it at $95-billion, the company said in a statement on Sunday.
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Mastercard and MTN Group on Tuesday announced that they have formed a partnership that will allow millions of MTN Mobile Money customers to pay for goods and services on global e-commerce platforms.
In this episode of the podcast, TechCentral’s Duncan McLeod interviews Clayton Hayward, CEO of fintech platform provider Ukheshe, about its acquisition from Mastercard of Oltio.
US President Donald Trump has signed an order banning US transactions with eight digital Chinese payment platforms including Ant Group’s Alipay in 45 days, when he’ll no longer be in office.
Telkom will charge users of its new Telkom Pay wallet, which is built on top of WhatsApp, a flat fee of 2.5% for transactions and card top-ups.
Telkom has launched a digital wallet that allows users to pay others and get paid themselves using their mobile phone and WhatsApp.
Huawei Pay, a payments system for Huawei smartphone users, will be launched in South Africa later this week, the Chinese consumer electronics giant said on Monday.
Fintech start-up Stripe is in talks to raise a new funding round valuing it higher than its last private valuation of US$36-billion, according to people familiar with the matter.
Jeff Bezos has agreed to back Africa-focused financial technology company Chipper Cash, making it his first start-up investment on the continent.
South African fintech player Ukheshe has agreed to buy Oltio from Mastercard, the company that developed the digital payments platform for Masterpass, Mastercard’s QR code payments service.