LOOP Unveils Quick 30-Day Loan to Address Short-Term Cash Flow Needs
July 25, 2025
LOOP has announced the launch of a new 30-day digital loan product. This product is designed to deliver fast, flexible, and transparent access to credit for Kenyans. It adds to LOOP’s growing suite of products,…
Network International and Blu Penguin Partner to Power Unified Payments in Ghana
July 17, 2025
Network International (Network) has announced a collaboration with Blu Penguin, a Ghana-based fintech and mobile money aggregator, to provide mobile money transactions via Network’s N-Genius payment terminals. This collaboration marks a significant milestone in expanding…
Absa Launches Kenya’s First Shariah-Compliant Mobile Banking Platform - La Riba Timiza
July 11, 2025
Yesterday, Absa Bank unveiled La Riba Timiza, Kenya’s first fully Shariah-compliant mobile banking platform by a Tier 1 bank. The bank plans to use this product to deepen financial inclusion among Muslims and other consumers….
Verto Launches Auto Exchange to Help Businesses Lock in Target FX Rates Automatically
July 11, 2025
Verto has launched an Auto Exchange feature to help rate-sensitive customers secure their target foreign exchange (FX) rates without constant monitoring. Through this tool, customers can set their desired exchange rate and trade amount within…
dLocal Launches 2025 Emerging Markets Payments Handbook to Guide Global Expansion
July 9, 2025
dLocal has announced the release of the second edition of its “Emerging Markets Payments Handbook.” This comprehensive guide is meticulously curated for international businesses, blending deep data analysis with authentic, on-the-ground insights to provide the understanding needed…
Africa Launches PAPSSCARD, the First-Ever Pan-African Card Scheme
June 30, 2025
The African Export-Import Bank (Afreximbank), the Pan-African Payment and Settlement System (PAPSS) and Mercury Payment Services (MPS) have announced the launch of PAPSSCARD, the continent’s first Pan-African card scheme. This new card represents a major…
Verto Kenya’s Kevin Ng’ang’a on Simplifying Cross-Border Payments and Unlocking Trade Across Africa
June 24, 2025
When it comes to moving money across Africa’s borders, traditional banks have long left businesses facing high fees, slow transactions, and regulatory red tape. Verto, a fintech company focused on simplifying cross-border payments, wants to…
Onafriq and PAPSS Launch Cross-Border Payment Service in Ghana
June 24, 2025
Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalises the partnership established in 2022, aimed…
How to Withdraw Money from PayPal to M-PESA in Kenya (2025 Guide)
June 20, 2025
This article has been updated to reflect the latest changes that require the M-Pesa app to withdraw from PayPal. The PayPal mobile money portal will stop working on August 16, 2025. You can ready the…