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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Transforming Cross-Border Payments: How Wewire Africa is Bridging the Gap from Africa to Tier One Countries
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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Zazuu raises $2M to scale its cross-border payment marketplace
Zazuu, an Africa-focused fintech startup creating a payment platform for cross-border payment solutions for Africans in the diaspora, has raised USD2 million, which will be critical in the company’s mission to minimise the inconsistency associated with remittance transactions for Africans. The funding round had the participation of Launch Africa, Founders Factory Africa, Hoaq Club, Tinie…
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