Technology & Innovation3 stories from 1 sources
Airtel Africa has reported strong half-year results, with its mobile money platform nearing $200 billion in annual transactions. This growth reflects the company's strategic investments in digital infrastructure across Africa. Meanwhile, M-PESA Ethiopia has integrated with EthSwitch, Ethiopia’s national payment network. This move enables seamless money transfers between M-PESA’s 10 million customers and 15 banks, connecting them with the broader financial ecosystem. In a related development for emerging markets, dLocal has launched BNPL Fuse, the world’s first Buy Now, Pay Later (BNPL) aggregator. This platform aims to simplify flexible payments for merchants and expand access for consumers.
Airtel Africa has reported strong half-year results, with its data business now surpassing voice as the largest revenue stream and its mobile money platform nearing $200 billion in annual transactions. This growth reflects a significant shift in consumer behavior and the company's strategic investments in digital infrastructure across Africa.
Summary & AnalysisM-PESA Ethiopia has integrated with EthSwitch, Ethiopia’s national payment network, enabling seamless money transfers between M-PESA wallets and 15 banks. This development connects M-PESA’s 10 million customers with the broader financial ecosystem.
Summary & AnalysisdLocal has launched BNPL Fuse, the world’s first Buy Now, Pay Later (BNPL) aggregator designed for emerging markets. This platform aims to simplify flexible payments for merchants and expand access for consumers.
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