Nigeria is one of the most underestimated destinations for global investors. With its young tech-savvy population and a new wave of reforms, Nigeria presents plenty of opportunities in mobile banking, data usage and consumer goods segments.
The choice of a payment gateway can significantly impact the success of a business. In Uganda, a diverse range of payment gateways caters to different business needs, each offering unique features and benefits.
The National Bank of Oman has signed a Memorandum of Understanding with the Indian fintech company PayMate as part of efforts to achieve the goal of modernizing B2B payment processes.
Qashio and CredibleX have established cooperation within the framework of the Middle East and North Africa (MENA) Business Finance Initiative.
Mastercard has partnered with 4thWave, a provider of an innovative digital platform for finance and banking as a service (BaaS), to optimize business-to-business (B2B) payment flows.
A white-label payment gateway is an all-in-one solution suitable for a business of any scale. It is easy to implement and offers multiple advantages at a reasonable price to payment service providers (PSPs), financial institutions, and merchants worldwide.
Nigerian fintech company Cleva, which specializes in creating a banking platform that allows African businesses and local individuals to access international payments by opening dollar accounts, raised $1.5 million as seed funding.
The number of merchants accepting Bitcoin payments increased almost threefold last year, with a notable concentration in Europe and Latin America.
The media reports that the Chinese Ant Group is currently preparing to implement its intention to acquire the Dutch payment company MultiSafepay.
Adyen, a global financial platform based in the Netherlands, announced the beginning of cooperation with the Icelandic firm Straumur, which is a subsidiary of Kvika.
The Central Bank of Nigeria (CBN) approves the Africa Stablecoin Consortium (ASC) to pilot cNGN (a stablecoin pegged to the value of Nigerian Naira) in its innovative Regulatory Sandbox.
Cecabank, Abanca and Adhara Blockchain will experiment with central bank digital currency (CBDC), testing different use cases within the pilot of the wholesale CBDC by Spain’s central bank (Banco de España).
To improve financial services for Moroccans, a new partnership has been launched between the United Nations International Fund for Agricultural Development (IFAD) and international money transfer operator, Moneytrans, which is part of the Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) project.
Bumper, a fintech company specializing in providing services, related to automotive payments, reported the successful completion of a Series B financing round for $48 million.
The fintech company KindCard, specializing in the provision of payment services, intends to acquire the OpenTransact banking platform.
HSBC Holdings plans to release an app with which financial services consumers will be able to make international payment transactions.
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
