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).
Globe Telecom has moved forward with its acquisition of a 50% stake in AB Capital Securities Inc (ABCSI), aiming to strengthen the stock brokerage capabilities of its fintech unit, Mynt, which operates the widely used GCash mobile wallet.
TenPay Global, the cross-border payment platform of Chinese multinational technology conglomerate Tencent, and Mastercard Move, payment giant Mastercard’s money movement business, have announced a collaboration.
Ukrainian telco Kyivstar says it is partnering with Mastercard to create new financial services, boost uptake of digital payments, and develop a more stable financial services infrastructure to support all this using Starlink’s Direct-to-Cell…