African money transfer company Dahabshiil and Safaricom Ethiopia’s M-Pesa have signed a partnership that will enable the Ethiopian diaspora to send money directly to M-Pesa mobile wallets.
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).
Ericsson and Telenor Microfinance Bank (TMB) have signed a multi-year extension of their existing partnership to expand TMB’s mobile wallet easypaisa and establish TMB as a full-fledged digital bank in Pakistan.
Globe Telecom CEO Ernest Cu said the operator group’s fintech division may go public as the company looks to diversify its business away from traditional telco revenue drivers.