In a sparse fintech landscape, two new startups prepare to make their mark in Botswana
N2 Pay is developing a digital wallet aimed at bridging the gap between banked and unbanked populations in Botswana. N2 Pay has secured partnerships with Visa and Absa and is in talks with mobile operators for integration.
How Moniepoint is going after remittances with Monieworld
Moniepoint launched Monieworld, enabling UK residents to send money to Nigeria via various payment methods. A live demo showed a transaction taking just 17 seconds, with competitive conversion rates compared to other platforms.
Visa-backed African unicorn Moniepoint tackles remittances. But is it late to the game?
Visa invested in Nigerian fintech Moniepoint, validating its status as a unicorn and signaling a new direction. Moniepoint launched MonieWorld, targeting the UK-Nigeria corridor for diaspora-focused financial services.
“Zap is not a remittance app,” Paystack explains
Paystack launched Zap, a consumer product designed for rapid and secure bank transfers. There was confusion regarding Zap's functionality, with some suggesting it required an IMTO license.
Flutterwave CEO Open to Acquisition, But Focused on Profitability
Flutterwave's CEO stated the company is open to a potential acquisition. The company is focused on achieving profitability this year.
