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.
M-Pesa Safaricom said on Thursday it is partnering with Dashen Bank and CashGo to launch a new international remittance service in Ethiopia that enables users to receive money from abroad directly into their M-Pesa mobile wallets.
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.
Axian Group says it has formed a strategic collaboration agreement with Mastercard to launch digital payment solutions in the five African markets where Axian operates mobile networks: Madagascar, Comoros Islands, Senegal, Togo, and Tanzania.