App and platform providers increase focus on African remittance market

Remittances are in the news yet again, this time in the shape of LemFi, a cross-border payment solution that allows people in the diaspora to send and receive funds back home. LemFi has announced that it has secured the approval of the Central Bank of …

Mastercard and MTN Group Fintech have signed a multi-market agreement that will use Mastercard’s technology and capabilities to support MTN’s ambition to become Africa’s largest fintech platform for both merchants and consumers.

In a remarkable change of heart, Zimbabwe seems to be about to bring back mobile money services that it once blamed for the country’s currency crash.