TBD’s Post

FINTECH AFRICA | Togo’s Gozem - Africa's Super App to Launch Gozem Money Following a Rapidly Expanding Mobile Money Market in the Country Gozem customers in Togo will be able to use their Gozem #wallet for various financial transactions, including: * Paying bills * Making purchases both within and outside the Gozem ecosystem * Transferring money to other users, and * Efficiently managing their finances By the first quarter of 2024, the total value of mobile money transactions in Togo had reached CFA 917 billion ($1.54 billion), marking a 3% increase from the previous quarter. Togo will serve as the launchpad in countries such as Benin, Gabon, and Cameroon. https://lnkd.in/dyV_UtxP

PalmPay Expands Access With Launch of USSD Code For Offline Financial Transactions PalmPay, a leading financial platform with over 30 million users in Nigeria, has announced the launch of its USSD code service, providing Nigerians with an additional way to manage their finances without needing internet access. Read more👇 #financialinclusion #palmpay #USSDCode Chika Nwosu Foluso Aduloju Uchenna Igwe Ifeanyi Uzoka Charles Chidi Ahubelem CIFIA, DCP Jiapei Yan

We're excited to share that our partnership with Union54 (YC S21) has reached a new milestone—introducing Virtual Mastercard Debit Cards on the ChitChat Social Commerce Platform! Following the recent launch of Union54’s ChitChat—a messaging app with an integrated payment wallet—this collaboration brings a USD virtual Mastercard debit card directly to the platform. With over two decades of experience, Paymentology is proud to provide its next-generation payment platform to support Union54’s expansion of ChitChat in Zambia and across other African markets during this pivotal growth phase. ChitChat users can now communicate, network, transfer money between wallets, convert USD to local currencies, and send in-app funds to others. Thanks to Paymentology’s cloud-first, API-driven technology, they can also make secure online and in-person transactions using their ChitChat virtual Mastercard debit card. We’re honoured to be part of this journey, driving innovation and financial inclusion across the continent! 💳🌍 Read more here: https://lnkd.in/ezEJQPmg #FinTech #Innovation #Partnerships #DigitalPayments #AfricaTech #ChitChat

Cheaper internet is connecting more people, and better phone networks are bringing financial services to those who never had them before. Financial Inclusion is a big deal, and it's being fueled by Africa's young population – they're tech-savvy and eager to jump on board, creating a prime environment for innovative fintech solutions. Our latest fintech report dives deep! We explore groundbreaking mobile money solutions from companies like Orange Money, Branch, and Flutterwave. You'll also learn about their clever application programming interfaces (APIs) and the winning strategies behind their success. But that's not all! The report also provides a roadmap for responsible fintech growth in Africa. See how your approach stacks up against industry leaders and get a data-driven plan to conquer the African market, all while promoting financial inclusion for everyone. Download the full report and join the revolution! Link: https://zurl.co/TGg1 #PierrineReports #AfricanFinance #FinTech #FinancialInclusion #MobileMoney #EconomicDevelopment

Huge news. Miden (YC W24) has been listed among TechCrunch's staff favorites. My co-founder (Ini-obong Udoh) and I are particularly delighted about this recognition because technology solutions for Sub-Saharan Africa often receive limited global attention. Despite increasing financial inclusion, the region still lags far behind the global average in terms of cashless transactions. For those who don't know, Miden (YC W24) is enabling payment infrastructure in sub-Saharan Africa. To help African businesses: ► Issue Virtual cards. ► Settle bill/expense payments The journey is just getting started. PS: I have added the link to the article in the comment section. 

🚀 Pandascrow: Revolutionizing Secure Transactions Across Africa 🌍 In today’s digital world, online scams and payment fraud are major concerns, especially with the rapid growth of e-commerce in Africa. That's where Pandascrow steps in — a Nigeria-based online escrow service, committed to protecting businesses and customers by ensuring safe, reliable transactions. 💡 What makes Pandascrow stand out? - Acts as a trusted third party to hold funds until both parties fulfill their obligations. - Specializes in addressing payment fraud and securing transactions, especially tailored for African markets. - Offers low fees and secure payment solutions, making it a go-to choice for hundreds of businesses. - Focuses on user #education, helping African businesses and consumers understand the value of escrow services. Pandascrow was founded in 2020 by Precious Tom 🐼, with Isaac David as the COO. With more startups and companies embracing e-commerce across the continent, Pandascrow is leading the charge in making sure those transactions are as safe as they are seamless. 💪🔒 #Pandascrow #Fintech #Ecommerce #AfricaTech #SecureTransactions #EscrowService #BusinessGrowth #InnovationInAfrica

The Sentz Revolution: Redefining Cross-Border Payments I recently stumbled upon a mobile coin app that is making wave Sentz Global is taking center stage on X by rewarding over 100 Nigerians with cash gifts in the form of E-USD. This initiative caught my attention and led me to explore the app further, and what I discovered could be a game-changer for both businesses and individuals. Sentz is shaking up the traditional cross-border payment landscape with its lightning-fast, ultra-low-cost money transfer service. As a content Creator delving into financial technology, I am always on the lookout for solutions that streamline operations and cut costs. Sentz’s potential to optimize financial transactions is undeniable. Just think about the impact on remittances, supply chain management, and international trade.What really stands out to me is Sentz’s multi-currency options. This flexibility is a game-changer for businesses operating across multiple markets No more conversion headaches or hidden fees! Sentz is devoted to disrupting the current payments landscape to fulfill its vision of enabling financial empowerment without compromise. The app allows you to send and receive payments globally in less than 5 seconds for a little or no fee a vast improvement from the standard 1-5 business days and up to 3% in fees that most international transactions take. Leading this revolution is Sentz’s brilliant CEO Sara Drakeley H. who is at the forefront of driving innovation and ensuring that the platform meets the diverse needs of its users. Their vision and leadership are truly inspiring. Ready to experience the Sentz difference? Join the revolution and start sending money globally with ease. Download the app now, and let’s redefine financial transactions together! Stay tuned for my next post, where I will dive into how Sentz’s unique options and user-friendly interface are set to benefit Nigerians, international social media influencers, entrepreneurs, freelancers, and the African continent as a whole. #Sentz #MobileCoinApp #CrossBorderPayments #GlobalBusiness #Innovation #Africa #Nigeria #FinancialInclusion #MultiCurrency #MoneyTransfer

SFx pitch video for "The Money App for African Students". The Money App is a stablecoin app that enables African students in Turkiye and Turkish Cyprus to make instant payments and transfers. An African student living anywhere in Turkiye or Turkish Republic of Cyprus, would be able to save, spend, send and receive all on the SFx app. SFx at the Celo Camp During the Celo camp, we developed: the Money app to enable African students make payments utilizing the stablecoin cUSD. This will eliminate the high money transfer fees spent when sending money from Africa to Turkiye due to cUSD very low transfer fees. We do not stop there, in other to promote financial accessibility, we will also offer users USDT and USDC stable coin wallets in other to provide users multiple deposit and cash and out methods. https://lnkd.in/dSk6QTKv For Minipay users, we are offering a cUSD wallet in the SFx money App Leveraging celo native wallets, we offer our users cUSD wallets in other to enable Minipay users across Africa which would include parents, friends and family of students in Turkiye to send money for Tuition or Rental payment for very low fees, all in 5secs. We empower the hundred of thousands African students in Turkiye and Minipay empowers millions in Africa to be able to move funds across borders seamlessly. Check out what we are building for MiniPay https://lnkd.in/dTKJeMhV

🚀 **Mobile Money Usability in Ghana 2016 - 2022** 🚀 I'm excited to share this insightful dashboard showcasing the significant growth and impact of mobile money in Ghana over the past few years. The data speaks volumes about how mobile money has revolutionized financial transactions and inclusivity in our country. 📊 Key Highlights: - 💰 Volume of Transactions: GHC 17bn - 📱 Active Momo Users: 102M - 🏦 Registered Momo Accounts: 251M - 🧑🤝🧑 Registered Agents: 3M 📈 Trends Over the Years: - The number of registered vs active mobile money users has seen substantial growth, reaching its peak in 2022. - The number of registered and active agents has steadily increased, reflecting the expanding mobile money ecosystem. - Mobile money accounts have consistently grown, with a significant rise in total transactions. This progress underscores the critical role of mobile money in driving economic development and financial inclusion in Ghana. It's fascinating to see how technology can transform lives and foster growth. Let's continue to support and innovate in the mobile money sector to achieve even greater milestones in the years to come. #MobileMoney #FinancialInclusion #Ghana #Fintech #Innovation #DataScience #BusinessIntelligence

In this week's episode of #AliTalksTech Weekly Roundup, we delve into significant developments in the tech and finance world in Africa and beyond. 🇳🇬 Nigeria's Banking Giants Embrace Blockchain: Zenith Bank Plc, First Bank Nigeria and UBA Group have joined Zone’s decentralized payment network. This strategic move is set to revolutionize the payment landscape in Nigeria by enabling direct transactions between financial institutions through a blockchain-powered network. Discover how this will enhance transaction processing, improve regulatory compliance, and provide end-to-end transparency for seamless, fraud-free transactions. 💡 My Take on the ICTA Bill: In this episode, I share my insights on the ICTA Bill and its potential impact on the Kenyan tech industry. Listen as I break down the key elements of the bill, discuss its implications, and offer my perspective on what it means for tech companies and innovators in Kenya. 📊 Moniepoint Group's Informal Economy Report: Nigeria's informal economy, comprising nearly 40 million MSMEs, is a critical part of the nation's economic landscape. Moniepoint's report sheds light on the dynamics of this shadow economy, providing valuable data, insights, and expert perspectives. Learn about the untaxed, unregistered businesses that form the backbone of Nigeria's economy and their impact on the broader financial ecosystem. 💥 The Collapse of Synapse: The downfall of Synapse, a prominent San Francisco-based embedded finance platform provider, has sent shockwaves through the fintech ecosystem. We explore the operational and partnership issues, lack of proper management, and regulatory challenges that led to its bankruptcy. Understand the implications for Synapse's clients, the financial impact on fintech users, and the lessons the global fintech ecosystem can draw from this collapse. Subscribe to our YouTube Channel for these stories and more as we keep you updated on the latest trends and news in tech and finance. Don't miss out on the discussions that matter most to the industry!