Financial & Tech - Page 6 of 27

Nium expands its payments platform to four African markets

Nium has announced that customers are now able to send funds to their business partners located in Ghana, Kenya, South Africa and Tanzania. The global payments platform will allow customers of Nium are also able to extend this service to their own consumers. This announcement comes shortly after the news of the company’s expansion plans into Africa at the tail end of […]

Flutterwave secures USD $170m funding from Avenir, Tiger Global

Flutterwave has today announced that it has secured USD $170 million from a leading group of international investors as part of a successful Series C round. The round to the Payments technology company was led by growth-equity firms Avenir Growth Capital (“Avenir”) and Tiger Global Management LLC (“Tiger Global”) with participation from new and existing […]

AAR Insurance goes paperless with Mobile App

AAR Insurance has unveiled a mobile app as part of its plan to go paperless as it eyes a rising number of tech-savvy customers. Medical cover provider is targeting 80 per cent of its transaction to be conducted online with the AAR Mobile App, which is available on Android Play Store and Apple Play Store. […]

How to Send Money via MPesa without transaction fees

21/02/2021
By Afritech
App, Financial & Tech, How To, Tech Startups
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Asilimia – Send MPesa without transaction fees

You can now send money for free using Asilimia App, the service allows users to send money to multiple recipients at once for free. Asilimia is an easy-to-use and tailored digital payments platform. The mobile application allows users to send money through M-PESA quickly and entirely for free. The app allows users to make free […]

DTB Bank shuts 6 branches in a merger consolidation

DTB Bank to shut 6 branches in a merger consolidation

Diamond Trust Bank (DTB) has announced that it is closing 6 of its branches in a post-merger exercise to consolidate its operations. In a public notice, the bank said that the Central Bank of Kenya has approved an application by DTB Kenya to consolidate its branches in certain locations within the country. “The DTB branch […]

Interswitch to support SME with Quickteller Business

Interswitch Group has launched Quickteller Business to facilitate payments and manage transactions from anywhere in the world. The new service is a comprehensive corporate solution focused on empowering businesses of all sizes through a simple integrated platform. Quickteller Business will broaden payment management capabilities to businesses and merchants of all sizes. It will also allow […]

Mastercard, MTN partner to deepen digital commerce across Africa

Mastercard has partnered with MTN to enable millions of consumers in 16 countries across Africa to make global e-commerce payments safely and securely. Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers and merchants can engage with brands and businesses abroad through digital commerce, extending their reach to an international […]

Telkom Kenya, Airtel given greenlight to restart merger

The High Court has cleared Telkom Kenya and Airtel to renew their planned merger which the court had previously revoked. This is after it received a letter from the anti-graft agency questioning the sale of Telkom’s properties during the privatization period. In his judgement, High Court Judge Jairus Ngaa said that the move by the […]

Safaricom introduces Cashless Fare to 400 Nairobi Matatus

Safaricom has today partnered with Forward Travelers to offer an M-PESA fare collection solution to commuters in Nairobi. The service dubbed Simple Fare, a mobile and financial integration technology developed by Netcen Interactives will enable commuters to pay fare through Lipa Na M-PESA with the payment immediately reflecting to the bus crew’s phones. The service […]