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11516 results for "payment infrastructure"
India's digital payment system UPI now processes more transactions than any country in the world, transforming how over a billion people send money, pay bills, and invest. What started as an experiment a decade ago now handles nearly half of all real-time payments globally.
Kenya proved mobile money works with M-PESA, but now faces a bigger challenge: connecting banks, fintechs, and wallets into one seamless system. Companies like Kenswitch are building the invisible infrastructure that could make Kenya's $62 billion digital economy truly work for everyone.
Nigeria's fintech regulators are set to make instant digital payments cheaper and easier for merchants in 2026. The move comes as consumers increasingly prefer account-to-account transfers over traditional card payments.
Africa's booming creator economy is expected to hit $29.84 billion by 2032, but most creators can't access platform payments. New startups like Akuna Wallet and Mainstack are finally building the missing infrastructure to help millions get paid.
Musikhjälpen's December charity drive processed a record number of donations as hundreds of thousands of Swedes gave in coordinated waves. Nordea's payment infrastructure kept the money flowing smoothly during the 24/7 broadcast marathon.
A payments startup just secured $8 million to help African banks send money faster and cheaper using stablecoin technology. With African countries rolling out new digital currency rules, Checker is building the infrastructure that could transform how millions move money across borders.
Nomba just made it dramatically cheaper and faster for African businesses to trade with Canada by acquiring a licensed payment firm there. What used to take five days now settles the same day, with costs slashed by up to 60%.
A new payment system is making it cheaper and faster for businesses to send money across Africa without routing through New York or London. After four years, PAPSS now connects 160 banks across 19 countries, slashing transaction times from days to seconds.
A Nigerian law student who lost his tuition fees to a cross-border payment nightmare turned that frustration into Startbutton Africa, a fintech now helping businesses expand across 15 African markets. From listing his own house on Airbnb to fund merchant payments to building a real solution, Mallick Bolakale's journey shows how personal setbacks can spark continent-wide change.
India just guaranteed that digital payments under ₹2,000 will remain completely free, protecting millions who rely on UPI for everyday transactions. The government banned all direct and indirect charges to keep digital banking accessible for everyone.
African fintech giant Flutterwave just secured a banking license in Nigeria after processing $40 billion in payments across the continent. The move lets the company hold deposits and issue loans for the first time, transforming it from a payment processor into full-scale financial infrastructure.
Nigeria doubled its digital payments to 11 billion transactions in just two years, building one of the world's most advanced payment systems. Now the Central Bank is tackling the next challenge: bringing 26% of adults still outside the financial system into the digital economy.
The Africa Finance Corporation just secured $100 million from India's export bank to build critical infrastructure across the continent. This five-year partnership marks a growing bridge between Asia and Africa in funding roads, power plants, and industrial projects that drive economic growth.
India just guaranteed that millions of everyday digital payments will stay completely free. The government officially blocked banks from charging fees on UPI and RuPay debit card transactions up to ₹2,000, protecting the country's digital payment revolution.
A fintech connecting businesses across 20 African countries just processed its 3 billionth mobile money transaction, revealing how digital payments are transforming commerce across the continent. The milestone shows Africa's $1.4 trillion mobile money economy is rapidly evolving beyond person-to-person transfers into a full business payment ecosystem.
Onafriq is using stablecoins to send money across 40 African countries in minutes instead of days, cutting costs and delays that have plagued traditional banking for decades. The shift could transform how millions access faster, cheaper payments across the continent.
A Nigerian fintech company is making it cheaper and easier for African businesses to get paid by international customers. Nomba's new payment system slashes transaction fees from 7% to nearly zero.
Nigeria just signed a major deal with the International Finance Corporation to prepare investment-ready infrastructure projects that will attract private capital. The partnership aims to close Nigeria's infrastructure gap across energy, healthcare, rail, water, and digital sectors.
Nigeria's tech scene is evolving beyond consumer apps. A new Bloomberg ranking highlights startups tackling deep infrastructure challenges in healthcare, energy, and logistics.
A South African startup is helping tourism businesses keep more money in Africa by slashing international payment processing fees by up to 80%. TurnStay has already processed over $60 million in just six months while serving luxury safari lodges and hotels across five countries.
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