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.
Vodacom Tanzania launched a global payments service for its M-Pesa mobile money platform on Thursday that enables Tanzanian customers and merchants to use their M-Pesa wallets to make payments while traveling and doing business abroad.
MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.