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KCB loses Sh2.2bn mobile revenue on free M-Pesa
KCB Group lost Sh2.16 billion mobile banking revenue in 2020 on waiver of transaction fees charged to customers in the wake of Covid-19 ...
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BOI secures N300 million loan for creative sector – VP Osinbajo
Vice President Yemi Osinbajo announced that the Bank of Industry(BoI), has secured a N300 Million loan for Nigerian creatives, the loan is also ...
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MTN acquires additional 800 MHz spectrum
MTN Nigeria has announced its acquisition of an additional 10MHZ spectrum in the 800MHz band from Intercellular Nigeria Limited. This was disclosed in ...
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Revolut applies for bank charter in the US
London-based fintech startup, Revolut has announced that it is applying for a bank charter in the U.S. The company has submitted a draft application with ...
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NuORDER, Black Diamond Team On B2B eCommerce Platform
B2B wholesale eCommerce platform provider NuORDER will provide its digital buying platform for Black Diamond Equipment beginning this year, according to a press release. “Black Diamond will conduct ...
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PBoC official says ‘completely anonymous CBDC is not an option’
An official of the People’s Bank of China (PBoC) has said a “completely anonymous central bank digital currency (CBDC) is not an option” ...
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Saudi’s Hala raises $6.5 million Series A to become a digital bank for SMEs
Riyadh-based fintech Hala (previously known as Halalah) has raised $6.5 million in a Series A round led by Impact46 (who invested through their ...
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Lithuanian fintech SH Payments picks Nano as new core system
Lithuania-based fintech SH Payments has selected Baltic Amber Solutions’ Nano as its core banking system. Nano provides a “full stack” of digital banking ...
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Boomplay streaming service expands to 47 African countries in new deal
Africa-based music streaming service Boomplay, has signed a licence extension deal with Universal Music Group (UMG), a global music-based entertainment provider, which will ...
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OnPath Federal Credit Union selects NCR digital banking tech
Louisiana-based OnPath Federal Credit Union has selected NCR to power its digital banking experience for consumers and business members. The credit union is ...