Mobile banking widens gap with internet banking in Cambodia

Ericsson announced on Friday announced that it has completed a major tech stack upgrade for Pakistan’s Telenor Microfinance Bank (TMB), giving its mobile wallet easypaisa a cloud-native platform on which to scale up its services.

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.

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.