A technology that allows users to make financial transactions using their mobile devices, facilitating easier access to financial services.
PawaPay crosses 3 billion transactions on Africa’s mobile money rails
PawaPay processed three billion mobile money transactions, reaching its latest billion in less than nine months. The company doubled its daily transaction volume to five million payments.
Transforming global finance – leveraging African innovation to power emerging market economies
African fintech companies are expanding into global economies like Brazil, India, Mexico, and China. Stablecoins are enabling faster, cheaper, and more secure cross-border transactions.
Why growth can become a security risk for fintechs
Olaoluwa Eweje highlights that growth puts a target on startups' backs, making them more appealing to cybercriminals. Expansion creates new threat environments, as different regions have varying fraud patterns and vulnerabilities.
Emirates Expands Payment Flexibility in Kenya
Emirates introduced a split-payment solution for travelers in Kenya. The solution is enabled by Cellulant's Tingg payment gateway.
Can prediction markets fix a multi-billion-dollar information gap for African startups?
A fintech startup raised $35 million in 2023 to serve SMEs in East Africa but burned through the capital within 18 months. The startup's failure was attributed to a lack of accurate market information, particularly regarding pricing assumptions.
