Global
Global: India’s UPI Expands Global Reach with Fonepay Partnership in Nepal
India’s Unified Payment Interface (UPI) is extending its global footprint through a strategic collaboration with Nepal’s largest payment network, Fonepay. The partnership between ...
News
Nigerian Banks Tap ₦8 Trillion from CBN to Boost Liquidity Amid Rising Interest Rates
Nigerian deposit money banks (DMBs) have collectively borrowed ₦8 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) to address ...
News
Nigeria: Flutterwave Discontinues Barter Virtual Card, Shifts Focus to Remittance Services
Flutterwave has announced the discontinuation of its Barter service, a virtual card platform introduced in 2017 as part of the fintech company’s growth ...
News
Ghana: Government Initiates Fintech Innovation Fund to Propel Industry Growth
Dr. Ernest Addison, the Governor of the Bank of Ghana, has unveiled the government’s plan to establish an Innovation Fund dedicated to fostering ...
Africa
Africa: Empowering Women in Finance: 5 African Fintechs Led by Women Breaking Barriers
Fintech has become a potent force in advancing financial services and bridging the gender gap in financial inclusion. In Africa, where the prominence ...
News
Nigeria: CBN Reports Quadrupling Remittances to $1.3 Billion in February
The Central Bank of Nigeria (CBN) has reported a remarkable increase in foreign exchange inflow into the economy during the month of February. ...
Africa
Global: Mastercard and SAVA Forge Partnership to Empower African SMEs with Innovative Financial Solutions
Mastercard and Johannesburg-based fintech firm, SAVA, have joined forces to empower small, medium, and micro enterprises (SMMEs) across Africa by leveraging cutting-edge payment ...
Global
Global: World Bank Examines Gender Disparities in Digital Financial Inclusion, Proposes Solutions
In an upcoming paper, the World Bank is set to address the gender access gap to digital financial services and propose strategies to ...
Global
Global: Philippine Central Banker Reveals Insights into wCBDC Pilot Project
An official from the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, shared additional details about the institution’s plans to ...
News
Nigeria: States’ Internal Revenue Collection Hits N2 Trillion Milestone, Reports FIRS Chairman
Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), disclosed a significant achievement in the realm of revenue collection by ...