Safaricom Ethiopia’s M-Pesa mobile money service has signed an international money transfer agreement with Onafriq, Africa’s largest digital payments network, which currently operates in 40 African countries.
Brazil-based digital bank platform Nubank announced plans on Tuesday to join Brazil’s increasingly crowded mobile virtual network operator (MVNO) space in a bid to expand its portfolio beyond financial services.
Chinese handset maker Oppo has reportedly apologised to customers in Thailand after admitting to the telecoms regulator that its devices came with pre-installed loan apps that had not been approved by the Bank of Thailand (BOT).
MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.