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HSBC reportedly considering sale of its South African business

HSBC Holdings is reportedly considering selling its South African business to focus on Asian markets, according to Bloomberg. Potential interested bidders for the...

Egypt’s MNT-Halan raises $157.5 million, plots regional expansion

Key Points:Funding Sources:International Finance Corporation (IFC): $40 million Other Investors: Development Partners International (DPI), Lorax Capital Partners, funds managed by Apis Partners...

Nala Secures $40M Series A to Develop B2B Payments Platform and Expand Remittance Services

Nala: Remittance startup expanding to B2B payments. Series A Funding: Raised $40 million, one of the largest in Africa. Investors: Led by Acrew...

ICYMI fintech funding round-up: Marco, Zone, Copilot, Flowpay and more

Marco's Series A Funding:Raised $12 million in a Series A funding round led by IDC Ventures. Other participants include Arcadia Funds, Barn...

Armenia’s Ardshinbank selects ERI’s Olympic Banking System for securities and forex

Ardshinbank Partnership:Ardshinbank, a commercial bank in Armenia, has chosen ERI’s Olympic Banking System to enhance operations in securities and forex.Bank Overview:...

Zimbabwe’s Success Microfinance Bank taps FinOS for core banking

Success Microfinance Bank and FinOS Partnership:Zimbabwe's Success Microfinance Bank, a deposit-taking microfinance institution (DTMFI), has chosen FinOS, a Software-as-a-Service (SaaS) cloud banking...

RTGS.global to pilot cross-border service with banks in Georgia and Tajikistan

RTGS.global, a cross-border payments and settlements company, has signed pilot agreements with MDO Humo in Tajikistan and Credo Bank in Georgia to run pilots...

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