Visa

Visa opens Innovation Studio in Africa to advance future payment solutions

The global payments company, Visa (Visa Inc), has opened a new Innovation Studio in Nairobi, its first dedicated innovation site in Sub-Saharan Africa (SSA)….

Visa introduces Crypto Consulting Service to support partners

Visa has announced its Crypto Consulting Services – an offering designed to help clients and partners advance their own crypto journey – as crypto…

JUMO raises $120m from Fidelity and Visa in bumper funding round

Fintech start-up JUMO has raised $120 million with Fidelity, Kingsway Capital and Visa among the biggest participants in its latest round of funding. This…

The small business guide to boosting sales in 2021

Small businesses have dealt with a lot over the past year, and although there seems to be light at the end of the tunnel,…

Inclusive Fintech 50 initiative opens call for 2020 edition

Inclusive Fintech 50 is now open for applicants. The initiative aims to identify 50 innovative fintech startups driving financial inclusion and resilience for the…

Nigeria’s Sparkle launches after being granted banking license

Nigerian fintech Sparkle, which has been granted a banking license from the Central Bank of Nigeria, has launched. The fintech offers a digital ecosystem…

Nigerian fintech signs strategic partnership with Visa

Lagos-based mobile payments firm Paga has entered into a partnership with Visa. Paga, which was founded in 2009 by Tayo Oviosu (pictured above), made the…

Nigerian fintech Flutterwave raises $35m Series-B round

Flutterwave, a US-based fintech startup founded by Nigerians, has raised a $35-million Series-B round led by US venture capital firms Greycroft and eVentures. CRE…

Nigeria’s Interswitch becomes Africa’s latest unicorn after Visa acquires minority stake

US payments technology corporation Visa has acquired a minority stake in Lagos-based digital payments firm Interswitch Group at a valuation of $1-billion, effectively making…

SA founders who’ve sold their startup to a Silicon Valley firm

Hitting it big in Silicon Valley is every South African tech entrepreneur’s dream. What better way than to sell your startup to a Valley-based…

Accion Venture Lab to invest at least $4.5m in African fintechs with new fund

Accion Venture Lab, the seed investment initiative of US-based non-profit Accion, has launched a new $23-million fund aimed at fintech startups that focus on…

Visa launches women’s global edition of its Visa Everywhere Initiative

Digital payments giant Visa has launched a women’s global edition of its Visa Everywhere Initiative. The global innovation programme tasks startups to solve payment…

Inclusive Fintech 50 initiative launched to identify top financial inclusion startups

The MetLife Foundation and digital payments giant Visa have partnered to launch the Inclusive Fintech 50 competition which aims to recognise the world’s top…

Nigerian payments startup Paystack raises $8m in Series A round led by Stripe

Nigerian payments startup Paystack has raised $8-million in a Series A funding round led by US payments company Stripe. US tech publication Tech Crunch…

Kenyan startup wins $50k grand prize in Visa Everywhere Initiative

Digital payments company Visa has selected Kenyan startup Mookh Africa as the overall winner of the inaugural edition of the Sub-Saharan Africa (SSA) Everywhere Initiative. Visa’s…

‘Visa Everywhere Initiative opened us up to local innovation’ [Sponsored]

Access to local innovation — this has been a key driver of the Visa Everywhere Initiative (VEI), where the global payments processor has spent the…

How fintechs can help tackle financial inclusion in Africa [Sponsored]

The year 2016 was a pivotal one for electronic payments as for the first time such payments surpassed the use of cash. The change has taken…

Fintech startups can win up to $50k with Visa Everywhere Initiative [Sponsored]

The fintech industry in the Sub-Sahara Africa region is on the brink of a transformative breakthrough and the time is now to tap into…

Ex-Visa man, Vio Digital founder plans US move if remittances app takes off

Johanneburg-based Praga Govender, the man behind a new blockchain app aimed at lowering the cost of remittance payments to Africa, says he plans to relocate…

Developing digital payments solutions? Here are the markets you should focus on

A recent report by Visa shows net benefits businesses, consumers and authorities would gain if they transitioned from cash-based economies to full digital payments. The Cashless…

Visa launches Everywhere Initiative in Africa, here’s how you can get involved

In a bid to foster regional payments innovation and fintech entrepreneurship in Sub-Saharan Africa, global payments company Visa today announced the launch of the…

Move to full digital payments could net Joburg over $3bn in benefits a year

Businesses, consumers and authorities in the city of Johannesburg could gain $3.4-billion in net benefits by moving 100% of financial transactions conducted in the city…

Visa sees major competition as cash, not fintech startups, says digital director

With cash making up 94% of financial transactions in Africa there is a plenty of opportunity for the fintech sector on the continent — says John Conlon,…

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