Veon Group plans to invest US$20 million in its financial services subsidiary Mobilink Microfinance Bank, as the company looks to scale digital banking services in Pakistan.
Ethio Telecom partnered with financial powerhouse Visa to launch the first Visa digital wallet in Ethiopia, a move the operator claimed modernises remittance and bolster its fintech business.
Vietnamese telco VNPT announced on Sunday that its digital services unit, VNPT-Media, has signed a partnership deal with Visa to develop advanced digital payment solutions and boost financial inclusion for consumers and SMBs in Vietnam.
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.