Tag: Digital Finance
Ghana among fastest growing Fintech markets in Africa – McKinsey
Fintech Africa Report from industry analyst and research firm, McKinsey has named Ghana as one of the fastest growing fintech markets on the continent...
Flutterwave enables Google Pay for African businesses
Flutterwave, Africa’s leading payments technology company, today announced Google Pay, a mobile payment service, developed by Google, as a payment method on Flutterwave’s platform. As part...
Kenya gives digital lenders ultimatum
The Central Bank of Kenya (CBK) has given all digital lenders up to Saturday, September 17 to apply for operational licences or risk being...
Mobile Payments to drive contactless transaction value to over $10 trillion...
A new study from Juniper Research has found that the value of contactless payment transactions will reach $10 trillion globally by 2027; from $4.6 trillion in...
Africa fintech sales to top US$30 billion by 2025: McKinsey
Africa’s fintech company revenue may soar to US$30.3 billion by 2025, eight times higher than in 2020, as a growing, young and underbanked population...
MTN MoMo customers to win up to GHS5000 weekly in new...
MobileMoney Limited (MML) has launched a new promo to reward customers for their loyalty and to promote digital payments via MoMo.For the next 3...
Google Wallet, Google Pay launched in South Africa
Google Wallet, with its integrated Google Pay service, has been officially launched in South Africa and five other markets around the world.Speaking to South...
BoG includes blockchain-based digital services in SandBox programme
Following its official launch of the Regulatory SandBox, the Bank of Ghana will be accepting applications to regulate blockchain-based businesses by start-ups within the...
Bank of Ghana launches Regulatory Sandbox after successful pilot
The Bank of Ghana has finally launched its Regulatory and Innovation Sandbox following a successful pilot implementation of same.The Sandbox, developed in collaboration with EMTECH...
M-Pesa accounts for 50% of Safaricom’s $900 million profit
Safaricom’s latest annual report shows that M-Pesa accounted for half of the company's profit before tax, outperforming voice and data.Per the report, M-Pesa generated...