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samielbaqqali

Driving App Monetisation for Developers in the Middle East and Africa With Huawei and T... - 0 views

thefintechtimes.com/ca-with-huawei-and-tpay-mobile

Huawei MEA Mobile Services

shared by samielbaqqali on 11 Feb 21 - No Cached
  • It was recently announced that global giant Huawei is cooperating with TPAY MOBILE to make it easier and more convenient for developers in the Middle East and Africa (MEA) region to monetise their apps on Huawei Mobile Services (HMS).
  • Leading digital merchant acquirer based in the United Arab Emirates (UAE), TPAY MOBILE, enables payment acceptance from 54 mobile payment providers (DCB and wallets), which are connected to over 580 million consumers across 24 countries through a single integration. Its shareholders include Helio
  • samielbaqqali on 11 Feb 21
     
    Making such a cooperation will ensure TPAY mobile that it will gain all the HUAWEI users from those regions, which is a huge number of customers as HUAWEI is very present on those places.
mohammed_ab

Mobile money platform Pngme raises $3M to expand across Africa - 0 views

cointelegraph.com/...ses-3m-to-expand-across-africa

M-Pesa Competition Pngme Africa Mobile Money

shared by mohammed_ab on 12 Feb 21 - No Cached
  • Africa-focused but U.S. based unified financial data platform Pngme this week announced its successful seed funding round raised $3 million.
  • Pngme hopes to tap into the burgeoning mobile money market in Africa that was kicked off with M-Pesa in 2007. Launched in Kenya, M-Pesa is a mobile banking service that allows users to store and transfer money through their mobile phones, largely targeting a massive population of unbanked citizens in the sub-Saharan region.
  • mohammed_ab on 12 Feb 21
     
    Pngme has been able to raise $3 Million to expand its operation on mobile money into Africa. This competitor could acquire more market shares from M-Pesa if it succeeds to penetrate the African market using the right strategy.
hibaerrai

WorldRemit Raises $175M For Global Expansion | PYMNTS.com - 0 views

www.pymnts.com/...worldremit-funding-transfer

WorldRemit Remittance E-payments Online

shared by hibaerrai on 13 Feb 21 - No Cached
  • “In 2018, mobile and online payments to emerging markets reached a record high of $528 billion and we expect this number to increase. As WorldRemit handles a growing share of this market, we look forward to continue working with the company to scale its digital platform and expand its service to reach many new customers across the globe,” TCV General Partner John Doran said in the press release.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      WorldRemit acquires huge market shares and is making her way to becoming the first mobile and online payments platform.
tahaemsd

SnapScan is a ZA based company founded in 2013 - 2 views

gomedici.com/snapscan

Fintech Africa Payments modernization Service

shared by tahaemsd on 11 Feb 21 - No Cached
  • SnapScan is a mobile payments app, providing South Africans with the most convenient way to pay with their phones. The app was named MTN App of the Year in 2013, and now boasts a network of over 50 000 merchants nationwide, with one million app downloads to date. SnapScan is an easy, affordable and convenient way for merchants to accept payments; as well as a safe, secure and seamless payment option for users. SnapScan combines the agility and speed of a small local startup with the industry knowledge and experience of Standard Bank, Africas biggest bank. As a team, we love solving difficult problems, especially when it comes to making fast, easy mobile payments possible!SnapScan is a product of FireID Payments, part of the FireID group, a set of local startups building elegant solutions to a wide range of difficult and interesting problems.
  • SnapScan combines the agility and speed of a small local startup with the industry knowledge and experience of Standard Bank, Africas biggest bank. As a team, we love solving difficult problems, especially when it comes to making fast, easy mobile payments possible!SnapScan is a product of FireID Payments, part of the FireID group, a set of local startups building elegant solutions to a wide range of difficult and interesting problems.
  • SnapScan is a mobile payments app, providing South Africans with the most convenient way to pay with their phones.
  • ...2 more annotations...
  • The app was named MTN App of the Year in 2013, and now boasts a network of over 50 000 merchants nationwide, with one million app downloads to date.
  • MEDICI Analysis Snap Scan was acquired by Standard bank in Dec 2016. It is a product of Firepay which provides a mobile wallet that allows customers to link their cards or load money in their mobile app and pay at the merchants' site by scanning QR code. The app make it an easy, affordable and convenient way for merchants to accept payments and a safe, secure and convenient payment method for users.
    • tahaemsd
      tahaemsd on 13 Feb 21
       
      mobile wallet that allows customers to link their cards or load money in their mobile app
  • hichamachir on 11 Feb 21
     
    SnapScan solved a big problem in South Africa but can they solve other future problems? They need to find other problems, so their product doesn't get old.
  • samielbaqqali on 12 Feb 21
     
    Other issues need to be detected by SnapScan, so their product doesn't get outdated.
  • hindelquarrouti on 13 Feb 21
     
    It is interesting the inclusion that Snapscan has created, and how it has combined speed and safety with the knowledge and experience of Standard Bank.
kenza_abdelhaq

EthSwitch would now like to modernize its operations and thus needs to acquire state-of... - 0 views

www.reportertenders.com/...4160

Ethiopay Ethiopia Payments Ethswitch

shared by kenza_abdelhaq on 13 Feb 21 - No Cached
  • EthSwitch S.C (the national payment switch of Ethiopia ) was established as a share company owned by all banks operating in Ethiopia and the National Bank of Ethiopia (the Central Bank).
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      EthSwtich is the national payment switch of Ethiopia owned by the national bank alongside all banks in the country.
mbellakbail69

AgroCenta Raises $790K Pre-Series A Working Capital & Development Funding - Tech Nova - 0 views

technovagh.com/ng-capital-development-funding

shared by mbellakbail69 on 13 Feb 21 - No Cached
  • Through AgroCenta’s CropChain platform, smallholder farmers can execute transactions with accurate information and provide reliable access to financing, inputs and knowledge on agricultural best practices. AgroCenta has increased crop yields of farmers by 40% and increased the average CropChain farmer’s income by 35%.
    • mbellakbail69
      mbellakbail69 on 13 Feb 21
       
      I believe that the funding would enable AgroCenta to expand further its small farmer inclusion programs and to acquire crops for contracts for offshoot operation at clear and fair market prices.
hibaerrai

Business Real Estate News | Technology | Travel Guide - 0 views

www.ameinfo.com/...nsport-and-financial-brokerage

Thndr Egypt Fintech Investment Securities

shared by hibaerrai on 13 Feb 21 - No Cached
  • Thndr, an Egypt-based startup has announced that it has received the first new brokerage license in the country in over a decade. Thndr recently acquired the necessary licensing from the Financial Regulatory Authority (FRA). 
    • ayachehbouni
      ayachehbouni on 13 Feb 21
       
      Egypt has more than 100 million people and is expected to be the 7th largest economy by 2030. This represents a huge opportunity in my opinion for Thndr as the demand for convenient and digital ways to invest money will be increasing as time goes by.
  • Ahmad Hammouda, Co-Founder and CEO at Thndr said Egypt is expected to be the 7th largest economy by 2030 and has more than 100 million people, most of which are young and are looking for a convenient and digital way to invest their money. “That’s why we are excited to bring a new breed of young investors to the market” he added.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      Thndr should take advantage of this growing market in Egypt, and convince and attract the young generation.
ayachehbouni

Prime and SimbaPay partner to launch international money transfer service | Mobile Paym... - 0 views

www.mobilepaymentstoday.com/...ational-money-transfer-service

shared by ayachehbouni on 12 Feb 21 - No Cached
  • "Businesses as well as Kenyans and expatriates with friends and family abroad send over $18 Billion to other African countries," Karanja said in the release. "Asia and Europe annually with several billion Kenya Shillings going through the SimbaPay network. Therefore, this service will offer Prime Bank's customers a world-class fully digital International Money Transfer service."
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is very important because it explains that $18 billion are transferred by businesses, other kenyans and expatriates with friends and family abroad to other African countries. Hence, the partnership between SimbaPay and Prime Bank is expected to improve international money transfer for these people, who represent a large market.
  • SimbaPay's head of operations, Victor Karanja, stated the service will provide a seamless platform for Prime Bank's customer base to send money abroad.
    • ghtazi
      ghtazi on 13 Feb 21
       
      I found the collaboration between Prime Bank and SimbaPay really smart because it will help them to extend their capacity and attract new customers. it is a win-win situation.
    • rayanbenabdallah
      rayanbenabdallah on 13 Feb 21
       
      Indeed the collaboration between Prime Bank and SimbaPay is a smart move for both compagnies. The joint force will enable a very important customer expansion.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is very important because it explains that $18 billion are transferred by businesses, other kenyans and expatriates with friends and family abroad to other African countries. Hence, the partnership between SimbaPay and Prime Bank is expected to improve international money transfer for these people, who represent a large market.
  • ...4 more annotations...
  • Prime Bank, a private bank in Kenya, has partnered with London-based fintech, SimbaPay, to launch an instant international money transfer service via the bank's digital platform, PrimeMobi, according to a press releaseThrough SimbaPay, Prime Bank customers will now be able to instantly and securely send money directly to bank accounts or mobile wallets across 15 countries including Africa, Europe, Asia, India, United Kingdom, China, Germany and Uganda.
  • Prime Bank, a private bank in Kenya, has partnered with London-based fintech, SimbaPay, to launch an instant international money transfer service via the bank's digital platform, PrimeMobi, according to a press releaseThrough SimbaPay, Prime Bank customers will now be able to instantly and securely send money directly to bank accounts or mobile wallets across 15 countries including Africa, Europe, Asia, India, United Kingdom, China, Germany and Uganda.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      This excerpt shows different countries that simbapay is working with.It shows that the app is not only limited to kenya and china but to other countries which will allow simbapay to acquire more customers worldwide
  • Prime Bank, a private bank in Kenya, has partnered with London-based fintech, SimbaPay, to launch an instant international money transfer service via the bank's digital platform, PrimeMobi, according to a press releaseThrough SimbaPay, Prime Bank customers will now be able to instantly and securely send money directly to bank accounts or mobile wallets across 15 countries including Africa, Europe, Asia, India, United Kingdom, China, Germany and Uganda.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      Simbapay partnership with Prime Bank has allowed it to launch an international branch in the fintech in which you can transfer money to different other countries.
  • Prime and SimbaPay partner to launch international money transfer service
    • ayachehbouni
      ayachehbouni on 13 Feb 21
       
      This partnership is fruitful for both sides as it will increase both parties reach and customer base.
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