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Mastercard and MTN form African mobile money partnership

Mastercard and MTN today announced a strategic partnership to enable millions of MTN MoMo customers in 16 African countries to shop and pay online with global merchants.

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Wells Fargo invests in six black-owned bank

Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks.

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Earned wage platform Clair teams with Mastercard to reach zero-hour employees

Clair, a social impact embedded fintech startup transforming how hourly employees get paid, today announced a partnership with Mastercard to provide financial wellness for America’s 82 million non-exempt workers, building on the two companies’ shared mission to foster a more inclusive digital economy.

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Neo bank Tonik strikes a partnership with alternative credit scoring company FinScore

Tonik, the first neobank in the Philippines operating under its own bank license by the Bangko Sentral ng Pilipinas (BSP) strikes a partnership with FinScore, the Philippines-based Alternative Credit Scoring company.

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Bamboo Capital Partners exits Confie after triple-digit growth in loans and savings portfolios

Bamboo Capital Partners (“Bamboo”), the specialist impact investor in emerging and frontier markets, today announces its successful exit from CONFIE, a Latin American microfinance investment holding company.

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Veon enters into gloobal partnership with Mastercard

VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and digital services, announces a strategic global partnership with payment technology leader Mastercard to boost digital financial services in key markets.

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Monevo appoints Lee Stretton as chief innovation officer

Monevo, Europe’s largest personal credit platform & API, today announced the appointment of Lee Stretton as Chief Innovation Officer.

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Stilt gets $100m debt facility from Silicon Valley Bank

Stilt, the leading provider of financial services for immigrants, today announced it has raised a $100 million warehouse facility from Silicon Valley Bank, the bank of the world’s most innovative companies and their investors.

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Syntehsis releases tap-on-phone tech for African merchants

Synthesis, an innovative software and consulting company, has announced the launch of Halo, the tap-on-phone contactless payment solution.

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The Big Exchange turns to Moneyhub for Open banking connectivity

The Big Exchange, the new online social, environmental and impact investment platform co-founded by The Big Issue, today announces a partnership with Moneyhub, the market leading data, intelligence and payments platform.

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Mastercard and Network International launch digital payments platform across Middle East and Africa

Mastercard, a technology leader in the global payments industry, and its strategic partner, Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have collaborated to launch a new digital platform which will accelerate the adoption of digital payments across the Middle East and Africa.

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Wari and Lycaremit team on cross-border remittances

Wari, a global platform offering digital financial services, and Lycaremit, a world leader in remittance and part of the multinational Lyca Group, have signed a strategic partnership that will strengthen and expand their global networks to provide access to money transfer services worldwide.

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