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Digital payments in Saudi Arabia are fundamentally transforming the way consumers conduct their financial transactions, with a significant majority now choosing electronic payment methods over traditional cash. The evolution toward a cashless society is accelerating as more people discover the…
Jordan has taken a significant step toward becoming a regional leader in financial technology with the official inauguration of the Jordanian FinTech Academy building and the FinTech Laboratory by the Institute of Banking Studies. This landmark development represents the country’s…
Cross-Border Payments for Nigerians in the Diaspora have reached a new milestone with the landmark collaboration between Thunes and Sterling Bank. Thunes, the Smart Superhighway to move money around the world, has partnered with Sterling Bank, one of Nigeria’s leading full…
Network International a leading fintech company across the Middle East and Africa, has become the first payments platform to enable regulated AE Coin stable coin payments in the UAE. This achievement follows the signing of a Memorandum of Understanding (MoU)…
Flutterwave Acquires Mono to advance Africa’s financial infrastructure. Flutterwave, Africa’s leading payments technology company, has acquired Mono, a pioneer in open banking infrastructure across the continent. This strategic move deepens Flutterwave’s commitment to building a connected and interoperable financial system…
MTN Uganda has introduced the MoMo Agent Loans Marketplace, a digital platform designed to provide mobile money agents with rapid access to working capital and strengthen the resilience of the country’s largest mobile money network. The initiative, launched in partnership…
Nigeria has officially launched the ECOWAS National Biometric Identity Card (ENBIC), a major initiative aimed at enhancing regional integration, economic prosperity, business facilitation, and security across West Africa. The launch ceremony, held in Abuja, was attended by representatives from the…
Nigerian fintech Paystack has terminated the employment of its Co-founder and chief technology officer, Ezra Olubi, after public allegations that he had sexual relations with a junior employee. Olubi announced the firing in a blog post on Saturday, November 23,…
Nigeria has deepened its collaboration with the United Arab Emirates (UAE) through a new agreement aimed at accelerating digital education and equipping millions of young people with future-ready skills. The Honourable Minister of Youth Development, Ayodele Olawande, signed a Memorandum…
Mastercard and Zenith Bank Plc have officially introduced the Mastercard Essential Debit Card, an affordable and scalable payment solution designed to bring secure digital transactions to millions of underserved Nigerians, particularly low-income earners and those previously excluded from formal banking.…
