Fintech

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African Core Banking Vendor AppZone Lands $10 Million In new Funding

April 13, 2021, 11:06 a.m.

Pan-African fintech AppZone has picked up $10 million in new funding

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Accelerex To Launch RexPay And RexRetail In Q2 Of 2021

March 31, 2021, 11:05 a.m.

Fintech company Accelerex is set to offer Ghanaian Customers more Digital Payment Options with the introduction of RexPay and RexRetail.This comes after the company recently received an enhanced Payment Service Provider (PSP) license from the Bank of Ghana (BoG). As well as the ISO 27001:2013 and PCI-DSS certifications. Enabling Accelerex Ghana to open the Ghanaian market to more electronic payment and transaction possibilities across different platforms and channels.

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PayRem To Begin Operations In Ghana

March 30, 2021, 1:33 p.m.

PayRem, a financial services company based in the United States in collaboration with QE24 Group, a Canadian company, is expected to enter the Ghanaian money market next month.The company will be launched in Accra next month after which Ghanaians both home and abroad will be in the position to transfer money or make payments through its digital platform.

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Savyt Launches, Set To Provide Investors Up To 15% On Savings & Investment

March 29, 2021, 12:44 p.m.

In its quest to help Nigerians grow wealth and earn increased returns on their savings and investments, Savyt (pronounced ‘Save+It), a fintech start-up, has launched its savings offerings.Savyt is a savings and investment platform leveraging technology to help Nigerians grow wealth by connecting them to high-yielding investment opportunities.

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What To Expect As MTN Plans To Separate Its Mobile Money Business Unit, MoMo

March 25, 2021, 2:42 p.m.

Telecoms giant, MTN has disclosed plans to launch its mobile money unit, MoMo as a standalone business. The group’s CEO, Ralph Mupita hinted that the telco’s fintech vertical is being undervalued in the market. “If we were a bank, we would be a very big bank. We see a separation and carve out of our fintech business as something that we have to do”

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Nigerian Fintech Startup, Blueloop, Gets YC Backing As It Plans Global Expansion

March 23, 2021, 2:26 a.m.

Nigerian fintech startup, Blueloop, has been accepted into the Winter 2021 batch of US-based accelerator, Y Combinator. The startup will be joining 10 other African startups in the 2021 batch and will get access to a $125k seed fund.

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