Technology Mirror

Indian FinTech Coy & Oracle Partner to Enhance Digital Payment System for Nigerian Banks

FSS, one of India’s payments processor and a global provider of integrated payment products, and US-based Oracle Financial Services, will…

MTN Launches Mobile Money API Hackathon for Five African Countries

The MTN Group has granted third parties access to its Mobile Money (MoMo) Access Programming Interface (API) platform. The decision…

Digital banking startup E-Settlement Processes $2.5m Daily

Nigerian fintech startup E-Settlement is processing $2.5 million in transactions daily across its various platforms as it seeks to extend…

Emerging Markets Mobile Financial Services’ Transactions to Exceed $1trl by 2024

The total transaction value of the MFS (Mobile Financial Services) market will exceed $1 trillion by 2024; rising from $580…

Accion Venture Lab Secures $33m to Boost Africa’s Fintech Startups

Seed-stage investment initiative Accion Venture Lab has added US$33 million to its initial capital pool, with the team estimating up…

Fintech Startup GladePay Launches Multiple Payment Channels for Merchants

Nigerian fintech startup GladePay has launched to help facilitate payment collections by merchants by allowing them to receive funds from…

Fintech Platform Vesicash Rising Digital Fraud Prevention Strides Enhances Remittances Services

Startups across Africa are launching a wide variety of solutions aimed at increasing access to payments and remittances services, but…

Nigerian Fintech Startup Carbon Introduces Transaction Cost Mobile Wallet Users

Nigerian fintech startup Carbon, formerly Paylater, has begun charging users of its mobile wallet a one per cent transaction fee,…

Lagos Bitcoin Exchange Bitmama Launches Operations

Lagos base bitcoin exchange Bitmama has launched, providing a platform for traders to convert their fiat currency into crypto. Bitmama…

Mobile Money Transfers to Exceed 200 Billion Transactions in 2024, Chinese Market Leading for Now

The volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019.…