Tech in Asia
Tag: Payments
Wamda
PayPal commits $100 million to boost digital commerce growth in MENA, Africa
Press release: PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and […]
Korea Tech Today
Hanwha Life, Naver Financial Partner to Accelerate Digital Finance Innovation
Strategic alliance aims to merge traditional insurance expertise with fintech-driven customer services Hanwha Life Financial Services, the financial subsidiary of South Korea’s leading insurer Hanwha Life, […]
TechCabal
Why Fincra is teaming up with Reap to speed up Africa–Asia transactions
Fincra, a payments infrastructure provider for businesses in and beyond Africa, has partnered with Reap, a global stablecoin-enabled infrastructure provider, to expand card services and cross-border […]
TechCabal
Why a ₦50 charge from you adds up to ₦796bn for the government
This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs and financial institutions. A new edition drops […]
TechCabal
How Kenya collects more taxes than Nigeria with a quarter of its population
Kenya’s economy is $56.6 billion smaller than Nigeria’s, with a population of about a quarter of Africa’s most populous nation. Yet, the East African nation consistently […]
Wamda
Merak Capital invests $1.2 million in Saudi fintech Bynow
Press release: Merak Capital has invested $1.2 million in Saudi fintech startup Bynow to accelerate product development and expand its presence in the Kingdom and regional […]
Techpoint Africa
The cNGN project: Expert criticism and questions asked so far
The cNGN stablecoin, Africa’s first regulated stablecoin project, is generating considerable buzz in Nigeria’s Web3 space, drawing both praise and criticism. Techpoint Africa reported that Riyadh-based […]