Financial Inclusion
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Financial Services
VodaPay Introduces Deposit and Send Money Services on Super App
VodaPay, the super app by Vodacom Financial and Digital Lifestyle Services, has introduced two innovative services, namely Deposit and Send…
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Cryptocurrency
Yellow Card and Tether Collaborate to Promote Stablecoin Awareness and Uptake Among African Youth
Yellow Card, a pan-African fintech and cryptocurrency exchange, and Tether, a stablecoin provider, have successfully completed the initial phase of…
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Funding
Advancly Extends $1 Million Debt Facility to Zofi Cash for Expanding Earned-Wage Access
Zofi Cash, a Ugandan fintech startup, has secured $1 million in a pre-seed round from Advancly, addressing the financial challenges…
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Funding
M-KOPA Raises $250M to Expand Consumer Fintech Across Africa
M-KOPA successfully obtained over $250 million in new debt and equity funding to expand its financial services offering to underbanked…
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Market Research and Intelligence
Study Indicates Shift from Cash in South Africa’s Informal Economy
According to a new Mastercard study, the informal sector in South Africa is moving away from cash. In a white…
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Funding
Proparco Commits $5 Million Investment to Egypt’s Booming Fintech Industry
Proparco announced an investment in DisrupTech Ventures‘ early-stage venture capital fund to support the development of Egypt’s fintech sector and…
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News
Western Union, MFS Africa Partner to Enable Money Transfers Mobile Wallets Across Africa
MFS Africa has partnered with Western Union to enable individuals and businesses across the continent to receive money from over…
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Funding
IFC Invests US$91.6 million In Wave Mobile Money To Expand Operations In Cote d’Ivoire And Senegal
IFC has announced a US$91.6 million investment agreement in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., two major mobile money service providers in their respective markets,…
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Catalyst Fund raises $15m from JP Morgan and UK Aid for South African fintechs and more
Catalyst Fund, a Boston-based accelerator for early-stage technology start-ups, has raised $15 million with its long-term backer JP Morgan and…
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