It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 billion people, of whom at least 725 million have mobile devices. On its first day...
Blockchain and beyond, cross border payments held the focus of IBM, and others this past week. SWIFT grabbed some headlines too -- and not simply due to the controversy that still swirls around a separate, Europe-focused payment system
The next great tech frontier? That would be Africa, according to recent comments from Alibaba Group Holding’s founder and chairman Jack Ma. “The opportunity in eCommerce in Africa lies in the fact that Africa is lacking logistics, infrastructure and payment systems,” Ma said at a...
Business growth in Africa requires better payments infrastructure, and that effort received a significant boost this week when Stripe, Visa and other firms invested $8 million in Paystack. The Nigerian company enables developers to create payment tools via its APIs, and connects multiple payment processors...
August 30, 2018
Business growth in Africa requires better payments infrastructure, and that effort received a significant boost this week when Stripe, Visa and other firms invested $8 million in Paystack. The Nigerian company enables developers to create payment tools via its APIs, and connects multiple payment processors by handling transactions for merchants and consumers. The investment will […]
September 05, 2019
Chipper Cash, a no-fee, cross-border payment company started by Ham Serunjogi and Maijid Moujaled, has expanded into Nigeria, according to a report. The company, which is based in San Francisco and has offices in Ghana and Kenya, will give people in Nigeria access to its peer-to-peer (P2P) payment service through a partnership with payment gateway […]
August 30, 2018
The next great tech frontier? That would be Africa, according to recent comments from Alibaba Group Holding’s founder and chairman Jack Ma. “The opportunity in eCommerce in Africa lies in...
August 29, 2018
Paystack, the Nigerian payments company, announced on Tuesday (Aug. 28) that it raised $8 million in a Series A round. According to a report in Quartz, citing the company, the round of...