First International Bank Launches a New Digital Wallet Service: FibiPay
The digital wallet allows the Bank's customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card.
Airtel Zambia & UNCDF Partner to Strengthen Digital Financial Services Across the Country
Airtel Networks Zambia Plc and the UN Capital Development Fund have announced a partnership designed to bring digital financial services closer to Zambians living in remote areas across the country through Airtel Money.
MoneyGram Advances Mobile Wallet Capabilities with Five-Year Extension to Ooredoo Qatar Partnership
Renewal enables MoneyGram and Ooredoo customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet.
Mastercard Opens Fintech, Cybersecurity Innovation Lab in Beersheba
The new center will focus on ransomware, digital identity and authentication, platform security, and fraud prevention.
Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
Zambia Mulls Increasing Financial Inclusion for Rural Dwellers
The plan is to increase financial inclusion in rural areas from the current 50 percent to 75 percent.
Savings Groups Cushioning Impact of COVID-19 Pandemic in Zambia
As the world continues to face economic turmoil resulting from the COVID-19, communities in Zambia are turning to informal savings groups to cushion the impact of the pandemic.
Zambian Fintech Startup, Lupiya Receives $1 Million Investment From Engyma Ventures
Microfinance startup Lupiya has received an investment of $1 million from a US Venture Capital fund Enygma Ventures.
United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers
The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.