Finance

Total 159 Posts

The M-PESA 1Tap service that failed

A few years ago, Safaricom introduced M-PESA 1Tap in Kenya, a service that was supposed to revolutionize payments. Unfortunately, despite it reducing the number of steps taken to make a payment, it failed.

Crypto, the year in review

This year’s Bitcoin rally differs from the previous bull run in 2017 in that the first one was largely driven by retail investors’ fear of missing out. This time, sophisticated investors are taking up long positions.

5 African Fintech startups to watch

The World Bank Global Findex shows that 60% of the population in Africa don’t have a bank account. Here is a list of 5 Fintech startups to watch in Africa.

4 Important points to consider before you get into Forex Trading

what does ‘getting into trading’ mean? Your friend has a friend who got into trading, and they're doing great now. How did that happen?

Bank of Central African States is looking for a solution to fight illicit financial flows

The Bank of Central African States (BEAC) is looking for a digital solution provider to step up its fight against illicit financial transactions within the sub-region.

Nigeria's Paystack has been acquired by Stripe for $200 million

Nigerian payments company, Paystack has been acquired by global payments leader, Stripe, to accelerate online commerce across Africa. This acquisition is the latest move in Stripe’s international expansion, as Paystack will be Stripe’s catalyst for growing internet commerce in Africa.

Mobile money restrictions in Zimbabwe are bad for financial inclusion

Despite the compelling value proposition that mobile money offers, the Reserve Bank of Zimbabwe recently placed significant regulatory restrictions on its operations. The regulator said mobile money services were fuelling illegal foreign currency exchange.