• Can Pesalink Become Kenya’s Ultimate Digital Payments Powerhouse?

    Transferring money within Kenya remains a complex process beneath its seemingly straightforward surface. Often, funds originating from a bank account must pass through a mobile...

    Pesalink wants to be Kenya’s “digital payments rail.” Can it pull it off?
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    Transferring money within Kenya remains a complex process beneath its seemingly straightforward surface. Often, funds originating from a bank account must pass through a mobile wallet before reaching the intended merchant, with each step incurring fees and each platform fiercely protecting its own infrastructure. To address this, commercial banks introduced Pesalink, an instant payment system...
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  • How SeerBit’s Fintech Innovation is Reopening Etsy’s Doors to African Sellers

    Earlier this year, Etsy’s decision to discontinue support for African sellers abruptly severed thousands of entrepreneurs from international marketplaces. This move was not driven by...

    Etsy shut out African sellers, SeerBit shows how fintech can bring them back
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    Earlier this year, Etsy’s decision to discontinue support for African sellers abruptly severed thousands of entrepreneurs from international marketplaces. This move was not driven by a lack of consumer interest-buyers in Europe and the U.S. had shown strong enthusiasm for African artisanal products, ranging from beaded jewelry to vibrant wax prints-but rather by the absence...
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  • How Airtime and Merchants Fueled a Stunning 12-Fold Profit Surge for GTCO’s HabariPay

    HabariPay, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), has experienced an extraordinary surge in profitability, multiplying its earnings twelvefold over three years. The...

    Airtime, merchants drive 12-fold profit growth for GTCO’s HabariPay
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    HabariPay, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), has experienced an extraordinary surge in profitability, multiplying its earnings twelvefold over three years. The company reported a landmark profit of ₦4.02 billion ($2.70 million) in the first half of 2025, a significant rise from ₦322.9 million ($217,094) recorded in the same period of 2022,...
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  • How the Pesalink-TendePay Partnership Could Revolutionize Money Movement for Kenyan SMEs

    Pesalink has joined forces with Nairobi-based fintech TendePay to accelerate both bulk and individual payments, enabling small enterprises to instantly transfer up to KES 999,999...

    Pesalink-TendePay partnership may change how Kenyan SMEs move money
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    Pesalink has joined forces with Nairobi-based fintech TendePay to accelerate both bulk and individual payments, enabling small enterprises to instantly transfer up to KES 999,999 ($7,700) across all banking institutions. This collaboration highlights the growing role of private sector innovators in expanding payment solutions for businesses amid slower regulatory reforms. Operated by the Kenya Bankers...
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  • Safaricom Unveils M-PESA’s Biggest Upgrade in 10 Years – Will Partners Jump On Board?

    Safaricom, Kenya’s leading telecommunications provider with a subscriber base exceeding 35 million, has successfully executed the most extensive upgrade of the M-PESA core system since...

    Safaricom just completed M-PESA’s biggest upgrade in a decade, but will partners plug in?
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    Safaricom, Kenya’s leading telecommunications provider with a subscriber base exceeding 35 million, has successfully executed the most extensive upgrade of the M-PESA core system since the platform was localized ten years ago. Services were fully restored early Monday morning following a three-hour transition period. This major enhancement, dubbed Fintech 2.0, transitions Africa’s second most popular...
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  • Meet Wisdom Matthew: The Visionary Software Engineer Revolutionizing Payment Infrastructure for the Next Billion Users

    Globally, more than 1.4 billion adults remain outside the formal banking system, with Sub-Saharan Africa representing the largest share, according to the World Bank. Meanwhile,...

    Meet Wisdom Matthew, the Software Engineer Building Payment Infrastructure for the Next Billion Users
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    Globally, more than 1.4 billion adults remain outside the formal banking system, with Sub-Saharan Africa representing the largest share, according to the World Bank. Meanwhile, the cross-border payments sector, valued at over $150 billion, continues to grapple with exorbitant fees, regulatory hurdles, and slow transaction times. These challenges disproportionately affect low-income communities, draining both their...
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  • Street Wallet Accelerates South Africa’s Fintech Boom with Strategic Digitip Acquisition

    Street Wallet, a prominent South African fintech specializing in mobile payment solutions for informal traders and service providers, has successfully acquired Digitip, a local startup...

    Street Wallet joins South Africa’s fintech consolidation wave with Digitip acquisiton
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    Street Wallet, a prominent South African fintech specializing in mobile payment solutions for informal traders and service providers, has successfully acquired Digitip, a local startup that facilitates digital tipping for
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  • How Nigerian Fintech Platforms Are Poised to Revolutionize Blockchain Soon

    Nigeria stands as a global frontrunner in cryptocurrency adoption. According to a 2023 Chainalysis report, it ranks second worldwide, with Triple-A estimating that over 22...

    Why Nigerian fintech platforms will be big on blockchain soon
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    Nigeria stands as a global frontrunner in cryptocurrency adoption. According to a 2023 Chainalysis report, it ranks second worldwide, with Triple-A estimating that over 22 million Nigerians-more than 10% of the population-own digital assets. Despite this widespread enthusiasm for crypto, the integration of blockchain technology within Nigeria’s fintech sector has been comparatively slow, with many...
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  • Bank of Ghana suspends Flutterwave, Cellulant and 6 others over breaches

    The Bank of Ghana (BoG) has suspended the remittance transactions of eight fintech companies for breaching the country’s new regulatory requirements. Per reports, these companies...

    Bank of Ghana suspends Flutterwave, Cellulant and 6 others over breaches
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    The Bank of Ghana (BoG) has suspended the remittance transactions of eight fintech companies for breaching the country’s new regulatory requirements. Per reports, these companies include Flutterwave, Cellulant Ghana, Tap Tap Send, Afriex, Halges Financial Technologies, Top Connect, Remit Choice, and Send App. The suspensions will take effect on Thursday, September 18, 2025. In a...
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  • Paystack and FAAN Revolutionize Nigerian Airports with New Tap-to-Pay Card Payments!

    FAAN Introduces Contactless Payments at Airports Using Paystack’s NFC Technology The Federal Airports Authority of Nigeria (FAAN) has taken a significant step towards modernizing airport...

    Paystack and FAAN launch tap-to-pay card payments at Nigerian airports
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    FAAN Introduces Contactless Payments at Airports Using Paystack’s NFC Technology The Federal Airports Authority of Nigeria (FAAN) has taken a significant step towards modernizing airport transactions by implementing contactless payment solutions through Paystack’s NFC-enabled cards. This initiative is part of a larger movement aimed at eliminating cash handling at airport toll points, thereby enhancing operational...
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