Capitec Bank has introduced a new cross-border money transfer service aimed at helping millions of people in South Africa send money to their families and loved ones in other African …
Mobile Banking
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BankingFinance & ServicesInnovationMobile PaymentsSouth AfricaTechnology
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BusinessDigital EconomyEastern AfricaFinance & ServicesTechnologyTelecommunications
M-Pesa’s Market Share Drops as Airtel Money Gains Ground
Safaricom is beginning to feel the pressure in Kenya’s mobile money industry, as new data shows a steady drop in M-Pesa’s market share. For many years, M-Pesa has led the …
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AfricaBanking, Finance & InvestmentBusinessBusiness InsightsDigital EconomyEducationFinance & ServicesFintechINVESTMENTProduct ReviewTechnology
Top 6 Fintech Apps for Competitive Dollar Exchange in Nigeria
Exchanging foreign currency, especially US dollars, can feel like a complex maze for many. Traditional banks often offer less favorable rates. Hidden charges can also eat into your hard-earned money. …
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Banking, Finance & InvestmentEconomyFinance & ServicesNigeriaTechnology
Lovonus MFB Boss Says Microfinance Banks Are Lifeline for Millions of Nigerians
The Managing Director and Chief Executive Officer of Lovonus Microfinance Bank, Mr. Adeola Ayibiowu, has said that microfinance banks (MFBs) remain the only banking option for millions of Nigerians, especially …
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Banking, Finance & InvestmentBusinessFinance & ServicesInnovationINVESTMENTSouth AfricaTechnology
Capitec Becomes South Africa’s Biggest Bank by Market Value, Overtakes Standard Bank
Capitec Bank has overtaken some of South Africa’s oldest and biggest financial institutions to become the country’s most valuable bank by market capitalisation. The bank, which was founded in 2001 …
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Banking, Finance & InvestmentDigital EconomyEconomyFinance & ServicesFintechNigeriaTechnologyWestern Africa
Bankit MFB Uses Games to Teach Nigerians About Money
Bankit Microfinance Bank (MFB), a Pan-African fintech company, is using games to help Nigerians learn about managing money better. The bank believes that by making financial education fun, more people …