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).
African digital payments network Onafriq said it has formed a strategic partnership with Visa to launch Visa Pay, a cloud-native Payments-as-a-Service platform designed to expand digital financial access across the Democratic Republic of Congo (DRC).
Ethio Telecom has announced a meeting with financial giant Mastercard to explore how the two companies can leverage technology to upgrade digital financial services.
Digital commerce firm Network International is collaborating with Ghanaian fintech and mobile money aggregator Blu Penguin to provide mobile money transactions via Network’s N-Genius payment terminals.