Business News Technology

#40days40Fintechs: Flutterwave is helping businesses integrate to ease payments across borders

A growing number of businesses and buyers in Africa are increasingly embracing e-commerce, thanks to COVID-19 that saw governments enforce restrictions on people movement to control the spread of the deadly virus. The shift to online shopping has not only opened a window of opportunities for businesses to sell within their country but also across […]

Business News Technology

#40days40Fintechs: Pegasus Technologies making a difference in digital payments space

By Willy Byarabaha It may still be a nascent industry but Uganda is increasingly making huge leaps in the digital payment technologies space. Huge sums of money; be it person-to-person payments or business transactions, are being transacted conveniently, thanks to the innovativeness put up by Financial Technology Companies (FinTechs) such as Pegasus Technologies. Established in […]

Business News Technology

#40days40Fintechs: Xente is facilitating cashless transactions across Africa

While Europe, America and Asia, the main trading partners with Africa are increasingly getting cashless, over 90 per cent of the population in Africa still adores cash. This not only renders the continent uncompetitive but has also played a great part in promoting money laundering on the continent. According to Brookings, illicit financial flows from […]

Business News Technology

#40days40Fintechs: Craft Silicon is a game changer in the payments space

The payment industry is increasingly experiencing a high level of disruption that is reshaping the payments space, thanks to a surge of new technology-driven processes. Operated by Financial Technology Companies (FinTech), the digital applications are enabling users to take payments to the next level in terms of speed, efficiency and convenience. And one firm that […]

Business News Technology

Ugmart playing a role in facilitating cross-border payments

The Ugandan economy is heavily weighted in international trade, especially as an importer, mainly from China. Despite this, traders were finding challenges with cross-border payments as they involved multiple parties, currencies, regulations and risks. However, in a bid to make international payment more accessible and efficient to businesses, Ugmart, a Financial Technology Company (FinTech) has […]

Business News Technology

Enabling Finance is playing a role in democratizing financial services

Making financial services available to more people by lowering costs and barriers to access is increasingly becoming a key focus area for Financial Technology Companies (FinTechs) that seek to ensure financial inclusion for all. Their transformative power owes to their ability to serve the once financially excluded people, using technology to facilitate mobile payments, provide […]