How Stablecoins Are Transforming Remittances and Trade Settlements
For a long time, moving money across borders has been expensive, slow, and tangled in red tape. Migrant workers sending remittances lose up to 6% of every dollar to fees. [...]
Reap, Fincra Sign MoU to Power Cards and Cross-Border Payments Innovation Across Africa
Fincra, a payment solutions provider that enables secure, efficient, and seamless financial transactions within Africa and beyond, and Reap, a global leader in digital and blockchain-enabled business account management solutions, [...]
Ghana Suspends Flutterwave, Cellulant, Others for One Month
The Bank of Ghana (BoG) has suspended the remittance partnerships of 8 major financial technology and money transfer firms, including fintech giants Flutterwave, Cellulant, and the foreign exchange license of [...]LemFi GCash Team Up to Help 94 Mn Filipinos Receive Instant Remittances
London – September 8, 2025 — LemFi, a leading financial technology platform serving Filipinos and other immigrants across North America, the United Kingdom, and Europe, announces its partnership with GCash, [...]Tanzanian Fintech NALA Enters Kenya In Partnership with Equity Bank, Pesalink
Nairobi is the latest stop for Tanzanian fintech, NALA, which is leaning on Equity Bank and Pesalink to speed its entry into one of Africa’s most lucrative remittance corridors. “This [...]Central Bank Licenses 27 New Digital Lenders, Bringing Total to 153 Firms
The Central Bank of Kenya (CBK) has licensed 27 additional Digital Credit Providers (DCPs), bringing the total number of approved digital lenders to 153 as of September 2025. For real [...]
Pesapal Wins Landmark VAT Exemption Case
The High Court has overturned a tax tribunal decision against payments firm Pesapal Limited, ruling that commissions the company earns from processing transactions are exempt from value-added tax (VAT). “It [...]How KSh 32,300 Airtel Money Transfer Mistake Sparked a Cross-Border Consumer Rights Battle
When Patrick Hembi pressed “send” on his Airtel Money transfer in October 2023, thinking he was sendingUS$ 250 (around KSh 32,300)safely across the border from the Democratic Republic of Congo [...]From Fertiliser Bags to Taxi Rides, the Fintech Revolution That’s Bringing Insurance to More Kenyans
Kenya’s smallholder farmers and gig economy workers may soon have more in common than meets the eye. In the last two months, the Ministry of Agriculture, Birdview Insurance, Maisha Poaand [...]Why Stablecoins are Africa's Gateway to the Global Financial Highway
Cresit cum commercio civitas—civilization prospers with commerce. This ancient maxim captures an enduring truth about human progress. Yet for Africa, home to 85% of the world's underserved population, commerce has [...]
Bank of Algeria joins the Pan-African Payment and Settlement System (PAPSS)
Algeria has become the 18th country of presence for The Pan-African Payment and Settlement System (PAPSS) launched by African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) [...]
The Future of Cross-Border Payments for African Fintechs
The future of Africa’s digital economy is intrinsically tied to the efficiency of its cross-border payment infrastructure. With intra-African trade still accounting for only 15% of the continent’s total trade, [...]
