Auto Added by WPeMatico

Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access

Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial…

Continue ReadingBinance Expands Mobile Money Across Africa — 6 More Countries Gain Access

Ripple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024

Ripple has been named a Platinum Winner for Best Cross-Border Payments Platform in Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. Other winners included Huawei for mobile money,…

Continue ReadingRipple Wins Platinum for Best Cross-Border Payments Platform at Future Digital Awards 2024

Mastercard, Safaricom Partner on Cross-Border Payments

Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally.…

Continue ReadingMastercard, Safaricom Partner on Cross-Border Payments

Binance Launches Mobile Money Feature for Crypto Transactions in Africa

Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile…

Continue ReadingBinance Launches Mobile Money Feature for Crypto Transactions in Africa

Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC

The real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s…

Continue ReadingReal-World Assets Platform Gluwa Considers Developing Liberia’s CBDC

Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya

According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm…

Continue ReadingReport: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya

Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa

United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via…

Continue ReadingStrike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa

Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations

The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central…

Continue ReadingGhanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations

Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked

Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index…

Continue ReadingLatest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked

Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker

The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators…

Continue ReadingReport: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker