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Digital wallets transaction value to grow by 60% by 2026, as...

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A new study from Juniper Research has found that the value of digital wallets transactions will exceed $12 trillion in 2026, representing a 60% growth...

Zeepay MD, Andrew Takyi-Appiah, is Africa Fintech Leader of the Year

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The Managing Director (MD) of Zeepay, a leading mobile financial services company, Mr. Andrew Takyi-Appiah has been named Africa’s Fintech Leader of the Year...

Nigerian fintech LEMONADE Finance expands to 7 new markets

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Lemonade Finance users can now send money to Senegal, Ivory Coast, Benin, Cameroon, Tanzania, Rwanda, and Uganda using the Nigerian fintech startup. Its app allows...

MTN Nigeria approved to operate Payment Service Bank

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Nigeria's telecoms market leader, MTN, has received the final approval to operate as Mobile Money Payment Service Bank (Momo PSB). The approval was granted by...

MTN hires JPMorgan to help in Fintech unit separation

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MTN Group is working with advisers at JPMorgan Chase & Co on the planned separation of its financial technology business, Bloomberg reports, quoting reliable...

Mobile money loses GH¢10bn in value as e-levy implementation nears

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Even before the Electronic Transaction Levy (E-levy) takes effect next month, available data show that the mobile money platform has lost about GH¢10billion in...

E-Levy implementation: MTN to cap MoMo service fee at GHS7.5

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MTN Ghana says it will cap its mobile money service fee at GHS7.5 for any transfer from GHS1,000 and beyond when the 1.5 per...

Annual mobile money transactions hit $1 trillion

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Mobile money platforms processed more than $1 trillion in transactions during 2021, with the number of registered accounts increasing 18 per cent year-on-year, the...

eCedi will not harm Mobile Money – BoG Source

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A highly reliable source at the Bank of Ghana (BoG) has told Techgh24 that its Central Bank Digital Currency (CBDC) - eCedi will not...

Kenya’s Safaricom mulls turning M-Pesa business into a subsidiary

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Kenya's biggest telecoms operator Safaricom is considering turning its M-Pesa mobile financial services business into a subsidiary, its chairman has said. M-Pesa, which was launched...

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