Oui Capital urges fintech investors to prioritise Africa’s cross-border payments infrastructure
The cross-border payments market in Africa is projected to grow from $329 billion in 2025 to $1 trillion by 2035. Ignoring the underlying infrastructure could mean missing out on valuable opportunities in the fintech sector.
Ecobank and Xtransfer partner to streamline cross-border payments for African SMEs
XTransfer and Ecobank Group have formed a partnership to streamline international transactions for SMEs across Africa. The partnership aims to reduce high transaction costs and foreign exchange complexities faced by African businesses.
This fintech has a fix for the biggest cross-border payments issues in Francophone Africa
Cauridor raised $3.5 million in seed funding. The platform supports mobile wallets, bank transfers, and cash pickups through over 25,000 agents.
Rawbank and Mastercard Debut Virtual Cards in Congo via Illicocash
Mastercard partners with Illicocash to launch a virtual card program in the DRC The program aims to facilitate eCommerce transactions for consumers and businesses
