Middle East & Africa - Seamless Xtra

Nomo launches multi-currency bank accounts for Gulf region

by Mark Dowdall | Mar 21, 2023

The service, which allows users to send money in six different currencies, will be available first in Kuwait before being rolled-out to the rest of the region.

Tap Payments and PayPal ink deal for Middle East & North Africa

by Mark Dowdall | Mar 21, 2023

Tap Payments becomes the first payment partner in the region that can both enable PayPal and fully manage its onboarding, operations, and payouts for businesses

Mastercard and QNB launch tap on phone service in Qatar

by Mark Dowdall | Mar 20, 2023

The “myPOS” tap on phone service transforms Android smart phones into contactless payment acceptance devices for small businesses.

Jumia names Hisham ElGabry as CEO for Egypt

by Mark Dowdall | Mar 20, 2023

Jumia’s e-commerce platform was launched in Nigeria in 2012 and now operates across eleven countries including Egypt, Morocco, Ivory Coast and Kenya.

Ezra names Andrew Goodrich as its Chief Risk Officer

by Mark Dowdall | Mar 17, 2023

Goodrich joins from African mobile network operator MTN Group and will support Ezra’s delivery of credit solutions to Africa and emerging economies.

Central Bank of Nigeria approves open banking

by Mark Dowdall | Mar 14, 2023

The decision was released via an open letter to deposit money banks, mobile money operators and payment service providers

Telkom integrates WhatsApp payments in South Africa

by Mark Dowdall | Mar 10, 2023

The integration with Clickatell’s Chat 2 Pay feature is said to be in response to a growing demand for fast, digital, self-help services

Arabic streaming platform launches e-wallets

by Mark Dowdall | Mar 9, 2023

The partnership between Shahid and Paymob is the first subscription video on demand (SVOD) service in the market to offer the payment option

Lightico targets fraud risk with phone ID verification tool

by Mark Dowdall | Mar 8, 2023

Lightico is integrating Innovis’ authentication solution FailSafe to provide an extra layer of protection for financial services and consumer lending platforms

Moniepoint names Pawel Swiatek as COO

by Mark Dowdall | Mar 8, 2023

Pawel joins the fintech from Capital One, where he served as Managing Vice President and was responsible for the bank’s financial inclusion programme

Ecobank Group appoints Jeremy Awori as CEO

by Mark Dowdall | Mar 6, 2023

Awori previously spent close to a decade serving as CEO and Managing Director of Absa Bank in Kenya

National Bank of Kuwait launches Google Pay

by Mark Dowdall | Mar 2, 2023

Through the service, NBK Cardholders will be able to store Credit and Debit cards within Google Wallet which is also being introduced to the country

BOTIM and Fawry introduce digital bill payments for Egyptian expats

by Mark Dowdall | Feb 27, 2023

This first-of-its-kind agreement will allow users in the GCC to transfer money and make a range of everyday payments

Remitly launches in the Middle East with Dubai office

by Mark Dowdall | Feb 27, 2023

Remitly joins a strong remittance sector with immigrants comprising nearly 90 percent of the country’s population

MishiPay to roll out scan and go technology in Saudi Arabia

by Mark Dowdall | Feb 24, 2023

Women’s wear brand, Bloomingwear will begin deploying MishiPay’s scan & go tecnology in all its stores in Jeddah, Riyadh, and Dammam in the coming weeks

Fintech Report: Middle East & Africa 2022

by Mark Dowdall | Feb 23, 2023

This report provides insights into various aspects of the Middle East & Africa, its economic development and the growth in importance of fintech in the region.