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Ghana’s mobile money transactions soared to GHS 335 billion by the end of 2024, a massive leap from GHS 199.3 billion in December 2023! In recent years, Ghana has witnessed a remarkable surge in the adoption of mobile money services, marking a significant shift in the country’s financial landscape.... -
Mastercard has launched its first office in Accra, Ghana, marking a significant expansion of its presence in West Africa. Mastercard announced today a comprehensive expansion of its digital financial services across West Africa, targeting critical markets in Ghana, Côte d’Ivoire, and Senegal. The strategic initiative aims to revolutionize digital... -
One of the key features that set PayAngel Money transfer apart is its lightning-fast money transfer service. With just a few taps on your phone, you can send money to your loved ones within minutes. No more waiting in line at the bank or dealing with tedious paperwork. As... -
Ghana’s leading mobile financial services provider, Zeepay, has secured a significant investment of US$ 5 million from Oikocredit as part of its Series A.5 funding round. This strategic investment will enable Zeepay to extend its innovative remittance services to ten new countries, further solidifying its position in the fintech... -
Injaro Investment Advisors, a leading Ghanaian private capital fund manager, has made a significant equity investment of US$2 million in Zeepay Ghana Limited's Series A.5 round. Zeepay, a wholly-Ghanaian-owned mobile finance service provider, specializes in cross-border payments and mobile money services across Africa and the Caribbean. This strategic investment... -
In the heart of Sierra Leone's financial challenge, EziPay emerged as a transformative force. With traditional banking out of reach for many, EziPay harnessed mobile technology, uniting the unbanked. From remote villages to bustling cities, it bestowed the power of financial services to handheld devices, rewriting the narrative of... -
Bank of Ghana raises alarm over 97 Illegal loan apps: Protect yourself from unregulated lenders! The Bank of Ghana (BoG) has issued a cautionary statement to the public regarding the usage of 97 illegal mobile apps primarily found on the Google Play Store. These apps have been offering loans... -
Ghanaians will soon be paying more on all electronic transactions including Mobile Money following the announcement of a new e-levy by the government. Ghana’s finance minister Ken Ofori-Atta has announced that the government intends to introduce an electronic transaction levy (e-levy) in the 2022 budget. He said this was to “widen... -
pawaPay originated as part of the payments of pawaTech, a UK software company with more than a decade of experience building Mobile Money solutions for African markets. In early 2020, pawaPay was spun out as a standalone business with the backing of the investors behind pawaTech. Today, pawaPay is already...
