MTN Rwanda’s fintech arm, Mobile Money Rwanda (MoMo Rwanda), has partnered with payment giant Mastercard to launch a new virtual payment solution in Rwanda.
Safaricom’s M-Pesa Ethiopia announced on Monday it has launched a new mobile money platform on Monday called M-Pesa LeHulum that works with any SIM card, effectively opening M-Pesa up to anyone regardless of what mobile network they use.
Lao Telecom’s fintech unit Lao Mobile Money – which operates the MmoneyX mobile wallet – has become a strategic business partner with Visa in a deal aimed at boosting digital payments and financial inclusion in Laos.
Globe Telecoms’ fintech unit Mynt (Globe Fintech Innovations) gained fresh investments from Ayala Corp and Mitsubishi UFJ Financial Group (MUFG), a move that will boost the valuation of Mynt to US$5 billion, claimed Globe.