In a significant move for the African fintech ecosystem, Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS), a pan-African payment solutions and financial switching provider. This transaction follows on Ukheshe’s 2022 acquisition of Masterpass in South Africa and the closing of their funding partnership with Development…
Grey, a cross-border Fintech company has taken steps to expand its operations to the global payment community. To achieve the goal, the firm has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design. This strategic move aligns with its dynamic plans to expand its footprint in the global…
Source: Africa Publicity Mobile payments are exploding in popularity, with fintech apps like Apple Pay, Google Pay and CashApp enabling easy peer-to-peer transactions. But convenience often comes at the cost of security. As mobile payments gain adoption, evaluating their cyber risks and whether biometric authentication lives up to its promises becomes critical. The Rise…
Source: Africa Publicity Billions worldwide lack access to essential financial services most in developed nations take for granted. Unable to open accounts, secure credit, or process payments, the unbanked live largely cash-based lives vulnerable to disruption. But fintech innovations are reaching this vast underserved population, providing digital on-ramps to the modern economy. …
