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News

Advancing the Modernization and Integration of Payment Systems in the Western Balkans

With support from the World Bank, the Western Balkan economies are making significant progress in aligning their national payment systems with EU standards as part of their accession goals.

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Orange Finances Money Mali and TerraPay Forge Strategic Partnership for Seamless Cross-Border Payments

This partnership marks a significant milestone in the digital financial landscape for Mali, connecting over 12 Million Malians to the vast diaspora residing across the globe.

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Fintech Clara Launches Payment Account in Brazil Eyeing $1 B in Transactions

Latin American fintech Clara has launched a payment account in Brazil that it expects will help it reach $1.23 billion in transactions in 2024.

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Grab Enables In-App Cashless Payments Via Fintech MoMo

The integration of MoMo into the Grab app allows MoMo to expand its services on one of the most popular platforms in Vietnam.

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Vanuatu’s New Payment System to Support Digital Economy and Boost Financial Inclusion

People in Vanuatu are set to benefit from a new national digital payment platform, part of an ongoing transformation of the nation's financial infrastructure to build a modern, resilient financial system.

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Samoa’s New Digital Payment System to Boost Financial Inclusion and Support Economic Activity

The new national digital payment platform, the Samoa Automated Transfer System (SATS), is expected to increase access to the financial system for all Samoans.

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Network International to Drive Financial Inclusion and Make Digital Payments More Accessible in Egypt

Newly launched direct-to-merchant acquiring service in Egypt aims to boost digital payment acceptance in the region.

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DTB and Mastercard Join Forces to Empower Fintechs with Payment Cards in Kenya

Diamond Trust Bank and Mastercard have forged a partnership that lets the bank offer payment cards to tech-enabled companies, including fintechs in Kenya. 

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EBANX Launches Payment Initiator Service for Brazilian Merchants via Pix

International payments in rising markets company EBANX has been authorized by the Central Bank of Brazil to offer a payment initiator service via Brazil’s instant payment platform Pix. 

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Singapore-Based Fintech Tazapay Raises $16.9 Million in Series A Fundraising Round, Led by Sequoia Capital Southeast Asia

Tazapay plans to use the funds to further scale its business across Asia and expand in other regions where the company is receiving strong demand for its services, such as the Middle East and Europe.