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Finovate Global Nigeria: A New Unicorn, Mobile Wallets, and the Pursuit of Financial Inclusion

Finovate

The round also featured participation from Google’s Africa Investment Fund, Verod Capital, and Lightrock. Sponsored by Brand Communicator, the award acknowledges the fintech’s work in bridging financial gaps and promoting financial inclusion in Nigeria.

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Mastercard Partners With Ethio Telecom to Boost Financial Inclusion and Wealth Creation in Ethiopia

The Fintech Times

Payments giant Mastercard is joining forces with Ethio Telecom , a telecommunications service provider in Ethiopia, in a move to enhance financial inclusion and wealth creation in East Africa. Mastercard also provides advanced analytics, anti-fraud systems, and digital identity verification to ensure secure payment solutions.

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AfricaNenda Launches 2024 Annual Report: Advancing Inclusive Instant Payment Systems for Broader Financial Inclusion in Africa

Fintech Finance

The report highlights key milestones, insights, and the organizations transition into an independent foundation, further strengthening its ability to drive financial inclusion across the continent.

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Visa Invests in Nigerian Moniepoint to Help Bolster Financial Inclusion Across Africa

The Fintech Times

Nigerian fintech Moniepoint has secured investment from digital payments giant Visa , enabling it to continue its mission to ensure financial inclusion for people across Africa. “Together, we aim to deepen financial inclusion, enabling SMEs to access the tools and resources they need to thrive in an increasingly digital economy.

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Cross-Border Payments in Numbers: Global Corporations Lost $120 Billion in Transaction Fees

Fintech Finance

The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Challenges to financial inclusivity Cross-border payment challenges disproportionately affect low-income individuals and small businesses in developing regions.

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Vietnam to Launch Two-Year Sandbox for P2P Lending, Data Sharing

Fintech News

Only firms licensed by the State Bank of Vietnam (SBV) will be allowed to participate, and foreign banks are explicitly excluded. While domestic fintechs and credit institutions may apply to join, participation in the sandbox does not guarantee future regulatory approval once permanent legal frameworks are introduced.

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Cambodia’s Bakong Tourists App Now Supports Visa Cards for Payments

Fintech News

The launch ceremony, led by NBC Governor Dr. Chea Serey, brought together about 300 participants, including representatives from government ministries, international payment firms, and private companies. The app also enables users to transfer funds to their individual Bakong accounts, offering an alternative to cash transactions.