Hormuud Telecom strengthened its EVC Plus mobile money platform by making it interoperable with MyBank and Agro Bank, with plans to onboard more banks in 2025.
MTC Namibia has reportedly teamed up with Letshego Micro Financial Services to launch a pilot for a new mobile microlending platform that will provide instant loans to customers via their mobile phones.
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.
A scheduled upgrade to its M-Pesa mobile finance service, announced last week by Kenyan operator Safaricom, was successfully completed today. It has been described as the most significant upgrade of the M-Pesa platform since 2015.