Category: Fintech
Nib International Bank launches Amber Pay, Paystream to enhance payment, business transactions
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To enhance payment ease and expedite business transactions, Nib International Bank, a leading commercial bank in Ethiopia, has…
GTbank scraps POS fees as CBN increases ATM withdrawal charges
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Guarantee Trust Bank (GTBank) on Thursday scrapped processing fees on all of its point-of-sale (POS) terminals to support…
Zambia to launch new banknotes on March 31
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The Bank of Zambia on Tuesday announced a new set of banknotes and coins will be.added to the…
Nigerian government takes over crisis-marred Keystone Bank
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Keystone Bank has issued a statement announcing that the Federal Government of Nigeria now owns all of its…
Affinity Africa secures $8 million to fuel growth of its hybrid banking model
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On Tuesday, Affinity Africa, a Ghanaian fintech startup, announced that it has raised $8 million in seed funding…
CBN imposes N600 ATM charge for every N20,000 withdrawal
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The Central Bank of Nigeria (CBN) on Monday directed all banks to charge customers N600 for every N20,000…
Khazna secures $16 million to expand digital banking in Egypt, Saudi Arabia
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Egyptian fintech startup Khazna has secured $16 million in pre-Series B funding to support its application for a…
South Sudan launches National Instant Payment System to boost financial inclusion
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The Bank of South Sudan (BoSS) launched the country’s first National Instant Payment System (NIPS) on Monday in…
Safaricom and KBA push for unified digital payment system with Pesalink
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On Tuesday, Safaricom and the Kenya Bankers Association (KBA) unveiled a bold proposal to designate Pesalink as Kenya’s…
Float partners with Peach Payments for card-linked installments payments
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On Tuesday, Float, a pioneering credit card-linked instalment platform in Africa, announced a strategic partnership with Peach Payments,…
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