At Mobile World Congress on Monday, payments company Visa and the GSMA Mobile for Development Foundation (a.k.a. the GSMA Foundation) launched the Digital Finance for All (DFA) Initiative to advance digital financial inclusion in developing markets.
African mobile money platform Wave Mobile Money says it has raised EUR 117 million (about US$138.2 million) in debt financing to advance what it describes as its mission of making affordable, user-centric financial services accessible to everyone.
Vodacom Tanzania launched a global payments service for its M-Pesa mobile money platform on Thursday that enables Tanzanian customers and merchants to use their M-Pesa wallets to make payments while traveling and doing business abroad.