MTN Nigeria says it has taken full ownership of Mobile Money Payment Service Bank (MoMo PSB) after buying the 7.17% share owned by Acxani Capital for around NGN6.95 billion (US$4.36 million).
South African telco MTN said on Tueday that its API marketplace Chenosis is partnering with TransUnion Africa to launch a solution that uses mobile phone call data records (CDRs) to assess credit scores for people seeking access to financial services.
Money transfer services continue to make headlines in Africa. This time it’s the turn of Zambia where Western Union, Zoona Transactions Zambia Limited and Chipper Cash have announced the launch of international money transfer services in the Chipper Ca…
Vietnam’s mobile money service is reportedly set for a major upgrade from pilot mode to full-fledged service that, among other things, will see transaction caps raised to ten times the current amount.