EMEA

Mobile Money Earns Its Stripes in Ethiopia’s Telecom Liberalization

Mobile Money Earns Its Stripes in Ethiopia’s Telecom Liberalization
Mobile Money Earns Its Stripes in Ethiopia’s Telecom Liberalization
August 31, 2022  |  Mobile Payments

Kenya has been at the forefront of Africa’s mobile money revolution ever since Safaricom launched the continent’s first mobile money platform M-Pesa, but Ethiopia has...

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B2B Payments Firm Duplo Raises $4.3M in Seed Funding
B2B Payments Firm Duplo Raises $4.3M in Seed Funding
August 31, 2022  |  Investments

Nigerian payments company Duplo has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria, as reported...

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Tink Offers Lenders Real-Time Look at Loan Applicants’ Expenses
Tink Offers Lenders Real-Time Look at Loan Applicants’ Expenses
August 31, 2022  |  Loans

Open banking platform Tink is launching a new product that gives lenders real-time access to applicants’ fixed and discretionary spending, allowing them to make faster...

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SWIFT Launches AI Tool to Predict Cross-Border Payment Problems
SWIFT Launches AI Tool to Predict Cross-Border Payment Problems
August 31, 2022  |  Payment Methods

Financial messaging services provider SWIFT is introducing a new predictive data intelligence capability that determines potential problems with cross-border transactions before payments are sent. Get...

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Topi Raises $45M to Support Growing Hardware-as-a-Service Trend
Topi Raises $45M to Support Growing Hardware-as-a-Service Trend
August 31, 2022  |  Investments

Berlin-based FinTech topi has raised $45 million in a second equity investment round for its platform, which enables merchants to offer computers, monitors, smartphones, printers...

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Thunes, Alipay+ Partner to Ease Acceptance of Mobile Wallets in Europe
Thunes, Alipay+ Partner to Ease Acceptance of Mobile Wallets in Europe
August 31, 2022  |  Mobile Wallets

Noting the recovery of international tourism and the popularity of mobile wallets, cross-border payments company Thunes has partnered with Ant Group’s Alipay+ to enable merchants...

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African FinTech EFT Corporation Fights Fraud With ACI Worldwide Partnership
African FinTech EFT Corporation Fights Fraud With ACI Worldwide Partnership
August 31, 2022  |  Fraud Prevention

End-to-end payment solutions provider EFT Corporation is instituting new fraud protection measures across Africa through a partnership with real-time payments firm ACI Worldwide. Get the Full Story...

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BNPL’s Advantages When Tackling Modern Economic Challenges
BNPL’s Advantages When Tackling Modern Economic Challenges
August 31, 2022  |  BNPL

The loss of spending power is taking its toll on how consumers spend their money, which in turns creates new interest from new categories of...

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Klarna Faces Growing Pains as Losses Increase
Klarna Faces Growing Pains as Losses Increase
August 31, 2022  |  Earnings

Expenses related to U.S. and international market expansion combined with the integration of new acquisitions and widening credit losses all added up to a messy...

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