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.
African mobile money platform Wave Mobile Money says it has raised EUR 117 million (about US$138.2 million) in debt financing to advance what it describes as its mission of making affordable, user-centric financial services accessible to everyone.
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.
At Mobile World Congress on Monday, payments company Visa and the GSMA Mobile for Development Foundation (a.k.a. the GSMA Foundation) launched the Digital Finance for All (DFA) Initiative to advance digital financial inclusion in developing markets.
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