Globe Telecoms’ fintech unit Mynt (Globe Fintech Innovations) gained fresh investments from Ayala Corp and Mitsubishi UFJ Financial Group (MUFG), a move that will boost the valuation of Mynt to US$5 billion, claimed Globe.
Safaricom and Mastercard announced on Thursday that they have signed a partnership to accelerate adoption of payment acceptance and cross-border remittance services in Kenya.
Safaricom Ethiopia’s M-Pesa mobile money service has signed an international money transfer agreement with Onafriq, Africa’s largest digital payments network, which currently operates in 40 African countries.
African money transfer company Dahabshiil and Safaricom Ethiopia’s M-Pesa have signed a partnership that will enable the Ethiopian diaspora to send money directly to M-Pesa mobile wallets.