Chipper Cash raises $6 million for Southern Africa expansion

African payments startup Chipper Cash has raised $6M to expand to southern Africa

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Chipper Cash, the payments startup by Ghanaian Maijid Moujaled and his Ugandan counterpart, Ham Serunjogi, has just raised $6 million seed round led by Deciens Capital. The payments startup intends to use...

GCB now has its own mobile money platform called G-Money

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Ghana Commercial Bank (GCB) has finally launched the electronic money platform we reported late last month. This new mobile money platform is called G-Money. The service is scheduled to go live...
Five factors to impact fintech cybersecurity

Fintech threat predictions for 2020

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See Fintech threat predictions for 2020: 1. Fintech is under attack: Mobile investment applications are becoming more popular nowadays. Cybercriminals will target this trend in 2020 and not all these apps have...
expressPay acquires information security standards certificate

expressPay acquires information security standards certificate

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expressPay, one of the Ghanaian payment services has obtained two information security standards certificates, specifically, ISO27001:2013 and PCI-DSS Level 1. These certificates are international standards that provide the specification for an...
Ghana Commercial Bank can now issue “electronic money”

Ghana Commercial Bank can now issue “electronic money” as BoG gives approval

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Ghana Commercial Bank has now been given the green light by the Bank of Ghana (BoG) to issue electronic money. This is a transaction that is similar to the widely-known mobile...
Ghanaian fintech and mobile money operators to obtain a license before June 2020

Ghanaian fintech and mobile money operators to obtain a license before June 2020

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From now, Ghanaian fintech startups, as well as mobile money operators, would need to go and acquire an operational license. The license is to be obtained from the Bank of Ghana. This...
Ghana to have Universal QR Code payment system

Ghana to have a “Universal QR Code” payment system in December

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From December this year, Ghana will have a “Universal QR Code” system, according to the government. This system is going to be a way of making payments electronically in the country. Vice President...
OPay ready to expand into Ghana

Opera’s OPay ready to expand into Ghana

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OPay is one of the fastest-growing companies in Nigeria, which provides consumers with a wide range of services including mobile payments and transfers, ridesharing and food delivery. This child company of...
Year of Return: 4 Best fintech apps to use while traveling in Ghana

Year of Return: 4 Best fintech apps to use while traveling in Ghana

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While 2019 is at its closing stages, it remains the 'Year of Return' in Ghana. Africans and people of African descent living in the diaspora have been in and out of...
Appruve wins HiiL’s 2019 Innovative Justice final

Ghanaian startup Appruve wins HiiL’s 2019 Innovative Justice final in Lagos

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Appruve, a Ghanaian startup focused on finance systems has been announced the winner of the 2019 edition of the Hague Institute of Innovation of Law (HiiL) Innovating Justice Challenge West Africa regional final....
All about Osemo Borealis

Osemo Borealis promotes financial inclusion for unbanked businesses

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Osemo Borealis (OSB), a financial startup has been launched to serve as a microsavings and loan service solution leveraging on digital technology specifically for the unbanked and underbanked. CEO, Anthony Uagboe...
Click2Go mobile app

Turn your phone into a power machine with a tap using Click2Go

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Click2Go is a mobile app that is here to make things easy for users. It offers a simple and faster way to send money from your mobile money wallet. You can...
5 developing trends that will define fintech

Fintech trends to watch out for in 2020

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Automation and technology aimed at enhancing financial services — Fintech — has attracted too much attention recently. Crowdfunding, mobile payments, cash transfer services and so on, has made Fintech a possible...
Fintech JUMO hits 15 million customers in Africa and Asia

Fintech JUMO hits 15 million customers in Africa and Asia

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JUMO, a fintech organisation operating in Africa and Asia has reached a milestone of 15 million users. This fintech company basically provides next-generation financial services for entrepreneurs in emerging markets. It has...
Five factors to impact fintech cybersecurity

UK pledges support for Fintechs in Nigeria

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The United Kingdom recently reminded everyone of their total commitment to aiding the Nigerian financial technology (Fintech) ecosystem. Ms. Harriet Thompson, who is the British Deputy High Commissioner in Lagos made...
Western Union moves money into AirtelTigo Money wallets for Ghanaians

Western Union moves money into AirtelTigo Money wallets for Ghanaians

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Western Union, a leader in cross-border, cross-currency money movement and payments, has collaborated with AirtelTigo Money (ATM) to enable Ghanaians to receive international money transfers through Western Union directly into AirtelTigo...
AlexPay

AlexPay: This Fintech app allows you to do more than sending and receiving money

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The main function of all Fintech apps is to facilitate the movement of money via digital platforms; thus, sending and receiving money. If you have used any fintech app, you would...
Appruve joins 2019 Fbstart Accelerator

Ghanaian startup Appruve joins the 2019 FbStart Accelerator in Nigeria

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Facebook’s accelerator programme in Nigeria popularly known as the FbStart Accelerator has announced the startups partaking the programme for 2019. Among the FbStart Accelerator’s class of 2019 is Ghana’s own Appruve. Appruve...
MTN Mobile Money API: Fostering innovation in Ghana's FinTech ecosystem

MTN Mobile Money API: Fostering innovation in Ghana’s FinTech ecosystem

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Not so long ago, MTN celebrated a decade of its industry revolutionizing Mobile Money (MoMo) financial platform. And it wasn't long after that when developers were excited to learn that the...
mtn western union mobile money

MTN partners Western Union for customers to receive international money transfers directly into mobile...

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MTN mobile money users can now receive international money transfers right into their mobile money wallets. This is possible as the company has partnered with Western Union, a leader in cross-border/cross-currency...