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.
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.
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 Africa, the mobile money arm of pan-African operator Airtel Africa, has announced an extended partnership with Africa’s largest mobile money payment service provider (PSP), pawaPay, to enable seamless cross-border payments for licensed int…