The ups and downs of the payment service provision business, particularly in Africa, have been highlighted in two recent news stories: one involving expansion for SPAYZ.io and the other signalling the end of Pay U Kenya.
The Central Bank of Liberia (CBL) has launched an interoperable payments platform developed by the Mojaloop Foundation that enables mobile money transfers between mobile operators Lone Star Cell MTN and Orange Liberia.
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.
Airtel Money Tanzania says it is partnering with the Tanzania Cooperative Development Commission (TCDC) to expand digital financial services to thousands of farmers across the country.
