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Many financial services claim to adopt an omni-channel approach but more often than not, the reality is that, whether the user is being onboarded via the website, mobile app, USSD or in-person (agent /banking hall), these channels are designed with inbuilt flaws, that needs constant optimization....
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Ghana has not been spared the COVID-19 pandemic. As of May 21, 2020, there have been 6,269 infections and 31 deaths. The economy has taken a significant hit, with GDP growth projections for 2020 being revised down from 6.8 to 2.6 per cent. And response measures combined with a...
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More than 200 start-up companies from across some 28 countries in Africa applied for a place on the Africa4Future initiative run by Airbus. Now in its third season, #Africa4Future saw 10 start-ups originating from Ghana, Morocco, Nigeria, Kenya, Rwanda, South Africa and Tanzania, all of which will have the...
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Clear Junction, a London-based global fintech company that offers end-to-end regulated payment solutions based on in-house technology, has signed an agreement establishing a partnership with Zeepay, a leading African fintech company. The partnership would allow Clear Junction to offer correspondent accounts for collecting payments in the European Union and...
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Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next wave of fintech innovation. The platform is building the first API in Africa to retrieve real-time financial data from a bank account to any web or...
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The Vice President of Ghana, Dr. Mahamudu Bawumia has launched a contactless payment system to encourage the adoption of alternative payment, and curb the spread of COVID. The platforms; universal QR Code and Proxy Pay were launched to help enhance digital platforms and promote a cashless society. With this...
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Ten entrepreneurs have been shortlisted for the Africa Netpreneur Prize Initiative (ANPI) final, a philanthropic initiative spearheaded by the Jack Ma Foundation. After seven months and nearly 10,000 applications, the Africa Netpreneur Prize Initiative has chosen the 10 finalists for the competition‘s grand finale event in Accra, Ghana, next month. The finalists were chosen...
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On the 8th of August, during Seedstars Accra, Nvoicia won the Ghana round of Seedstars World 2019 and will potentially represent the country at the Seedstars Summit in Switzerland to compete for up to USD 500,000 in equity investment and other prizes....
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Africans, largely unburdened by a history of formal banking and credit card use, has embraced technology — particularly mobile/smartphone technology — with gusto, using it to develop their own payment and purchasing methods. This has removed many of the previous barriers to e-commerce and is fueling growth that mirrors...