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Network International (Network), a leading paymentsolutions provider in the Middle East and Africa, has signed a memorandum of understanding (MOU) with GIM-UEMOA , the regional payment scheme which promotes electronic payments across the banking, financial and public administration sectors in West Africa.
Payments giant Mastercard is expanding its collaboration with Paymentology , the global issuer processor, to facilitate card issuance for fintech companies in South Africa. “We are equipping fintech companies with market-relevant solutions that enable them to scale effectively. .
New Africa Technology (NAT) , a fintech company based in Senegal, joins forces with Mastercard to introduce a virtual and physical prepaid card for individuals through NAT’s existing digital wallet solution, ‘’Flash’’. This collaboration aims to transform the payment landscape in Senegal, Côte d’Ivoire, and Benin.
Payments giant Mastercard is joining forces with Ethio Telecom , a telecommunications service provider in Ethiopia, in a move to enhance financialinclusion and wealth creation in East Africa. Mastercard also provides advanced analytics, anti-fraud systems, and digital identity verification to ensure secure paymentsolutions.
The fintech unicorns in Asia are moving to reshape the very fabric of how people and businesses interact with money. From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financialinclusion and cross-border transactions, while setting new global standards for innovation.
Yet, they often face financial challenges, struggling to access credit, manage cash flow, and navigate complex financial systems. Fintechsolutions are changing this landscape, offering SMEs tailored tools to overcome these barriers. Fintech companies see this gap as an opportunity to innovate.
BKN301 Group , a London-based digital payments and banking-as-a-service (BaaS) solutions company, is organising a series of roadshows to drive financialinclusion. The events aim to educate local stakeholders on the potential of advanced digital paymentsolutions tailored to meet diverse market needs.
Thunes has won the Thunes Best PaymentSolution Award at the 2025 Asian Banking & Finance Fintech Awards, making its name as a great place to make payments across borders. This award shows how Thunes is becoming more important in building a global payment system that is seamless, scalable, and efficient.
Kenyan fintech startup Leja has achieved remarkable growth, processing $2 billion in B2B payments since launching its B2B payments service in Kenya earlier this year. By leveraging its innovative data-driven credit scoring and paymentsolutions, Leja aims to drive revenue growth while advancing financialinclusion.
Tranglo, a leading cross-border payment hub, has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia. High remittance fees have historically hindered financialinclusion in the region. to send USD 200.
Mastercard announced a strategic collaboration with PayTabs Group to facilitate digital paymentsolutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a while-labelled digital payments platform.
Network International (Network) ( www.Network.ae ), a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider.
The report highlights key milestones, insights, and the organizations transition into an independent foundation, further strengthening its ability to drive financialinclusion across the continent.
This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financialinclusion. The service improves financial interoperability by making transactions faster, more convenient, and cost-effective for small and medium-sized enterprises (SMEs) and individuals.
Thai regulators approved the first cross-border paymentsolution using stablecoins in October, while the Philippine central bank launched a peso stablecoin pilot earlier this year. Pollak emphasized that stablecoins aim to modernize legacy financial systems rather than replace national currencies.
Nine fintech-focused chief marketing officers (CMOs) have been named among the most influential and purposeful marketers in Asia-Pacific (APAC), recognized by Campaign Asia-Pacific and DoubleVerify for their ability to adapt to a rapidly evolving landscape. Her career includes leadership roles at American Express, eBay, Hilton, and Manulife.
The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around the world. On the international front, cross-border payments have presented a different set of challenges.
Network International (Network) ( www.Network.ae ), a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider.
Network will also introduce Alipay+ paymentsolutions to the online platforms it supports in this region, providing consumers a combined online and offline seamless QR code payment experience by using their home e-wallets or preferred digital payment methods. The ceremony was witnessed by H.E.
The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financialinclusivity. Challenges to financialinclusivity Cross-border payment challenges disproportionately affect low-income individuals and small businesses in developing regions.
Visa (NYSE: V), a world leader in digital payments, and MISA , a provider of digital transformation solutions for finance, accounting, and enterprise management, announced a strategic collaboration to empower Vietnamese businesses through comprehensive digital paymentsolutions.
This collaboration is designed to enhance the payment experience for merchants and consumers while driving financialinclusion across the region. It empowers merchants with secure and flexible paymentsolutions that cater to evolving customer preferences, fostering greater financialinclusion.
PayRetailers , the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the company offers a unified simple paymentsolution that will be a game changer for cross-border online merchants looking at Africa as their next move for strategic growth.
Flutterwave , Africa’s leading payments technology company, has announced its approval to provide inward remittance services to Ghana, granted recently by the Bank of Ghana. This development further solidifies Flutterwave’s commitment to simplifying payments for endless possibilities across Africa.
TransferTo , a Singapore-based global technology group, and Ecobank Group the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border paymentsolutions across Africa.
The collaboration will advance financialinclusion and contribute to an even more accessible digital economy by facilitating the movement of funds from Jordan to 37 countries. Mastercard focuses on building robust payment ecosystems and advancing the digital economy across the Middle East. billion in 2023, an increase from USD4.91
This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Continuing our BaaS focus at the beginning of April, we asked industry leaders about how they’re seeing BaaS driving financialinclusion worldwide.
This license marks an important step in enhancing the companys position in the growing digital payments market in Saudi Arabia. It also aims to encourage innovation and improve the experience of financial transactions, aligning with its goals of increasing financialinclusion and providing financial services to various segments of society.
EFT Corporation , an African-focused fintech and paymentsolutions provider, recently hosted its EFT Corporation Connect: Zambia event in Lusaka. The event underscored EFTCorp’s commitment to driving financialinclusion and delivering paymentsolutions that empower businesses across the region.
Says Carter-Brown: EFTCorps mission is to constantly push the boundaries of innovation to deliver paymentsolutions across Africa, increasing financialinclusion and access to the digital economy. This project does exactly that, and were excited to see it contribute to the payment landscape on the continent.
Operating within the regulatory sandbox framework established by the Bank of Thailand and the Securities and Exchange Commission, Rubie Wallet aims to provide a secure and efficient paymentsolution. Users can make instant mobile payments via a closed-loop QR code system. said Mukaya Tai Panich, CEO and CIO of SCB 10X.
Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financialinclusion by employing fintechsolutions. Despite this digital advancement, only seven per cent of the population utilises traditional financial services.
But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent and fostering a strong demand for paymentsolutions, a new report by Emerging Payments Association Asia (EPAA) says.
Moniepoint , a Nigeria-based fintech offering an all-in-one banking, credit, and cross-border paymentsolution for African businesses and their customers, is on a mission to help businesses and individuals digitise their operations. to provide infrastructure and paymentsolutions for banks and financial institutions.
PayTabs Group , a Future 100 company and MENA’s award-winning payment orchestration powerhouse, today announced the launch of its enhanced Artificial Intelligence (AI) powered payment orchestration platform.
We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financialinclusion and helping people develop healthy financial habits. “A fintech for good embeds purpose into its core.
In a strategic move to accelerate digital payments, financialinclusion, and modernizing the country’s payment ecosystem, BPC , a global leader and paymentsolutions provider, is announcing the expansion of its operations in Nigeria.
Cross-border payment hub, Tranglo , has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia as it continues to aim to boost financialinclusion by providing efficient, affordable cross-border paymentsolutions to the region. per cent in 2024.
The MENA Fintech Association (MFTA), the not-for-profit organisation dedicated to fostering fintech innovation and collaboration across the Middle East and Africa, has launched in Iraq. “The future of Iraq is digital, and fintech is at the heart of this transformation,” he explained.
Payments Association data suggests that just 5% of payments businesses see ESG as a priority in the next 12 months, highlighting a significant gap between the priorities of payment providers and their clients.
Payment giant Mastercard has forged a new partnership with paymentsolution provider enza , with an aim to connect fintech companies across Africa to the Mastercard network. Fintech companies will be able to configure pre-paid or post-paid accounts, and issue physical or virtual Mastercard cards.
The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 1 July 2025. Natech Banking Solutions has raised over $33million in Series B funding to support its expansion in embedded finance and AI-driven banking solutions.
Tribe Payments , a leading digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, has joined the Singapore FinTech Association (SFA). We look forward to working with Tribe to further strengthen Singapores position as a leading fintech hub in the region.
Mastercard hosted the second annual Mastercard Ghana Fintech Forum in Accra, bringing together key stakeholders and thought leaders in the fintech industry to discuss critical developments and foster collaboration. The event highlighted the progress and innovation within Ghana’s fintech sector.
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