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.
Singapore-headquartered global payment platform Thunesand pan-African financial institution Ecobank Group signed an agreement on Wednesday to collaborate on enabling instant cross-border payments for individuals and businesses across Sub-Saharan Africa…
Globe Telecoms’ fintech unit Mynt (Globe Fintech Innovations) gained fresh investments from Ayala Corp and Mitsubishi UFJ Financial Group (MUFG), a move that will boost the valuation of Mynt to US$5 billion, claimed Globe.