An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
Kenyan cross-border fintech WapiPay enters Canada with money services licence
WapiPay has entered the North American market after securing a Money Services Business licence from FINTRAC. The licence enables WapiPay to offer foreign exchange, money transfer, and payment services in Canada.
Why M-KOPA is using smartphone repayments to expand digital lending
M-KOPA has served nearly 10 million customers and deployed over $2 billion in credit. The company uses smartphones as a gateway to offer digital credit and other financial services.
Why more Lesotho migrant workers are choosing fintechs to send money home
Mampe Seema began using Mukuru for remittances after facing difficulties with traditional banking. An estimated 400,000 Basotho migrants in South Africa are increasingly using fintechs for cross-border payments.
Moroccan proptech Agenz raises $5 million to digitise real estate transactions
Agenz raised $5 million to support product development and AI investments. The funding round included participation from Breega, Attijariwafa Ventures, and Saviu Ventures.
Flutterwave Partners With Blockchain Network Tempo to Cut Costs on African Payments
Flutterwave announced a partnership with Tempo to create a stablecoin-based infrastructure for cross-border payments in Africa. The integration will utilize Tempo's layer-1 blockchain within Flutterwave's Send App and Flutterwave for Business products.
