WEX to acquire Singapore fintech eNett, Optal for $1.7 billion
Optal is a shareholder of eNett and the primary issuer of eNett payments...
Tag : technology
Nigerian fintech Paga acquires Apposit to fuel expansion
The fintech raised $10 mn last year and announced its plan to expand globally...
The UK might allow Huawei to play a minimal role in its 5G network
Huawei will not be involved in the core aspects of the country’s 5G network over security concerns...
Western Union, Bharti Airtel to launch cross-border payment in Africa
The real-time cross-border payment service will drive financial inclusion across the continent...
Singapore to digitalise trade, to collaborate with multiple MNCs
The Singaporean government is teaming up with MasterCard, StanChart, DBS Bank and others...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
Vodafone becomes eighth member to quit Libra Association
Last year, eBay Visa, Mastercard, Mercado Pago, Stripe, Booking Holdings and PayPal left the association...
African tech companies invited to partner Britain-led growth scheme
With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry...
Microsoft, Alphabet divided on EU facial recognition ban
Microsoft President Brad Smith cited that the technology is important as it can help NGOs find missing citizens...
JP Morgan, UK Aid invest $15 million in Catalyst Fund
Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years...