Financial services platform Mukuru says it has launched a mobile wallet in Zimbabwe called Mukuru Wallet. This follows Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in the country by the Reserve Bank of Zimbabwe.
Vodacom Tanzania launched a global payments service for its M-Pesa mobile money platform on Thursday that enables Tanzanian customers and merchants to use their M-Pesa wallets to make payments while traveling and doing business abroad.
Remittance deals continue to hog the fintech headlines in Africa. MTN MoMo, Mastercard and Equity Bank Kenya are the latest companies to make announcements about plans to serve the vast African remittance market.
Another initiative relevant to MEA mobile finance has been launched. This time global digital payments and commerce platform PayPal has announced a strategic partnership with TerraPay, a global money movement company, to enable real-time fund transfers…
