Read the latest positive news, breakthroughs, and inspiring stories about payments, curated daily by BrightWire.
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.
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.
A Nigerian payments company spent eight months training staff before launching a single product. That patience has paid off with 543 businesses now moving $6.5 million through their systems every month.
Payaza just became one of Africa's highest-rated fintech companies with new AA- and A- credit ratings. The company is celebrating by launching tools that let businesses accept payments right from WhatsApp.
A South African fintech is making it easier for businesses to get paid across Africa, raising $2.1 million to expand its solution that turned six payment systems into one. Companies using the platform are seeing checkout conversions jump by 25%.
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.
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.
