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Verto Wins $1 million Milken-Motsepe Prize in FinTech for its Innovative Cross-Border Payment Platform

Verto, a United Kingdom-based business-to-business cross-border payments platform, has been announced as the Grand Prize winner of the Milken-Motsepe Prize in FinTech. The prestigious $1 million award that recognises companies expanding access to capital and financial services for small businesses in emerging and frontier markets, was presented at the Milken Institute Global Conference in Los…

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PalmPay Joins Zone’s Regulated Blockchain Network to Enhance Payment Reliability

category Press Release

Zone, Africa’s fastest-growing payment infrastructure company, is pleased to announce that PalmPay, one of Africa’s leading fintech platforms for payment, has joined its decentralized payment network. This integration with Zone’s regulated blockchain network for payment enables PalmPay to fortify its payment capabilities, ensuring reliable, secure, and compliant transactions across its extensive network of 1,200,000 agents…

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Payments and Banking in Africa: The Gap In The Market; The Market In The Gap

category Video

Join us for the next edition of Africa Money & DeFi Summit taking place at Africa Tech Summit Nairobi on 14th & 15th February 2024. On October 3rd & 4th 2023 Africa Money & DeFi Summit hosted leaders and stakeholders from across the African Finetch, Web3, DeFi and tech ecosystem, who listened and learned from... Read Article →

Payments Opportunities: Cross Border Trade & Remittances

category Video

Join us for the next edition of Africa Money & DeFi Summit taking place at Africa Tech Summit Nairobi on 14th & 15th February 2024. On October 3rd & 4th 2023 Africa Money & DeFi Summit hosted leaders and stakeholders from across the African Finetch, Web3, DeFi and tech ecosystem, who listened and learned from... Read Article →

INTMAX has unlocked crypto payments

category Video

Join us for the next edition of Africa Money & DeFi Summit taking place at Africa Tech Summit Nairobi on 14th & 15th February 2024. On October 3rd & 4th 2023 Africa Money & DeFi Summit hosted leaders and stakeholders from across the African Finetch, Web3, DeFi and tech ecosystem, who listened and learned from... Read Article →

Redefining International Payroll and Payments in Africa & Beyond.

category Partner Press Release

The year 2020 saw the world begin to adjust to living in a pandemic, with numerous global organisations switching to working either fully remotely or adopting a hybrid working system. Now workers consider office days requirements and work-from-home allowances before applying to companies or accepting jobs. According to some statistics, 58% of Americans work from…

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Transforming Cross-Border Payments: How Wewire Africa is Bridging the Gap from Africa to Tier One Countries

category Op-ed

By: Ebenezer Ghanney, Co-founder and CEO of Wewire Africa. Cross-border payments have long been a challenge for individuals and businesses in Africa seeking to engage with tier-one countries such as the United States, the United Kingdom, and Europe. The complex web of regulations, high costs, and limited access to traditional financial services have hindered economic…

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New report from Duplo reveals that Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution

category News

A new report from Duplo, a business payment platform for African businesses of all sizes, has revealed that Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including adoption of electronic bank transfers, speed of processing invoices and payment automation. According to the Exploring the State of B2B…

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Apis Partners leads €29M (US$31M) Series A funding for African fintech Peach Payments

category News

Apis Growth Fund II, a private equity fund managed by Apis Partners LLP (“Apis Partners”), a UK-based asset manager, today announces its proposed investment of €29M (US$31M) in Baobab Payments GmbH (trading as Peach Payments), a rapidly growing digital payment service provider that enables online payments in Africa. Completion of the investment is subject to…

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Peach Payments & Stitch partner to launch Instant EFT across South Africa

category News

Original article, by Thea Sokolowski, Head of Marketing & Communications South Africa-based digital payments gateway Peach Payments and API fintech Stitch have partnered to enable online merchants across South Africa to accept secure, low-cost instant EFT payments. The payment method is available to all Peach Payments merchants, on any integration platform, as ‘Instant EFT by Peach Payments’ and is…

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