Kenya’s Capital Markets Authority (CMA) says it has officially licensed operators Safaricom and Airtel Money Kenya to operate as what are called intermediary service platform providers (ISPPs).
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.
MEA digital commerce firm Network International announced that telecoms operator Airtel has appointed it as an issuing payments processor for its operations across the African continent.
MTC Namibia launched its mobile financial service, MTC Maris, as the Namibian government hailed the operator for “stepping ahead” of its rivals, while urging them to follow suit in order to connect the fifth of the population that remains unbanked.