Africa
🏝 African fintech Mukuru at its peak: the mobile money boom is at an all-time high Paid Members Public
🏝 African fintech Mukuru at its peak: the mobile money boom is at an all-time high Currently, the Zimbabwean 🇿🇼 company serves 17 million users across Africa, Asia, and Europe, processing between $3.5 to $4 billion USD in annual payments within Africa alone. 💕 Success story: The platform began operations in 2004
🎉 Great plan! Uruguay 🇺🇾 partners with the U.S. 🇺🇸 and Belgium 🇧🇪 to work in emerging markets Paid Members Public
🎉 Great plan! Uruguay 🇺🇾 partners with the U.S. 🇺🇸 and Belgium 🇧🇪 to work in emerging markets To provide more low-cost products in 14 emerging markets across Africa, Asia, and Latin America, the Uruguayan fintech dLocal has partnered with Belgian Belmoney and the U.S. e-commerce platform Temu. ➡️ Belmoney leverages dLocal’s
🎉 Mauritius🇲🇺: Chinese payment system UnionPay🇨🇳 announces the relaunch of its brand Paid Members Public
🎉 Mauritius🇲🇺: Chinese payment system UnionPay🇨🇳 announces the relaunch of its brand The relaunch aims to bring together local banks, media, industry leaders, and influencers to drive growth across various sectors. 🔣 Since 1972, China has been Mauritius' largest trading partner, with both countries signing a free trade agreement. 🔣 UnionPay introduced
🎉 Nigeria🇳🇬: Coinbase Partners with Onboard Global🇨🇳 to Offer P2P Crypto Payments Paid Members Public
🎉 Nigeria🇳🇬: Coinbase Partners with Onboard Global🇨🇳 to Offer P2P Crypto Payments Nigerians can now buy and sell cryptocurrencies through the Chinese platform Onboard Global. This partnership comes a year after Nigeria's regulatory crackdown on Binance, which led local authorities to file a lawsuit on February 20. Despite these
👍 Egypt🇪🇬: Central Bank approves new InstaPay feature📱 Paid Members Public
👍 Egypt🇪🇬: Central Bank approves new InstaPay feature📱 Egyptian app users will now be able to receive money transfers from any country without restrictions. 🔼 Transfer fees will be determined by banks based on the currency and country of origin, and beneficiaries will receive the funds in Egyptian pounds. 🔼 The service will
📱 Visa Partners with U.S. Agency for International Development (USAID) 🇺🇸 Paid Members Public
📱 Visa Partners with U.S. Agency for International Development (USAID) 🇺🇸 What’s not done for a successful expansion into new markets… This 5-year collaboration aims to create digital platforms to enable citizens from various countries, primarily developing ones, to securely access government services and more. ➡️ The press release highlights that
😠 Cross-border payments in BRICS: Is SWIFT in danger? Paid Members Public
😠 Cross-border payments in BRICS: Is SWIFT in danger? The recent proposal for a "multicurrency system" aims to reduce BRICS countries' dependence on the dollar. This shift, beyond its macroeconomic implications, is a game-changer for the international payments industry. ➡️ BRICS members are planning to adopt distributed ledger technologies
🐘 India’s 🇮🇳 Mission in Latin America and Africa: UPI Expands to New Frontiers Paid Members Public
🐘 India’s 🇮🇳 Mission in Latin America and Africa: UPI Expands to New Frontiers By early 2027, India's popular Unified Payments Interface (UPI) could become the model for implementing similar payment systems in at least 20 countries. ➖ This year, NIPL (the international division of the National Payments Corporation of