Global Processing Services has secured strategic investment from Visa. Backed by UK growth private equity firm, Dunedin, this strategic investment will accelerate GPS’ global expansion, following its success in launching new and innovative fintechs and digital banks in Europe and South East Asia, including Revolut and Starling Bank. Joanne Dewar, Chief Executive Officer at GPS, […]

Ria Money Transfer and Thunes has announced strategic partnership to enable customers across the globe to send funds directly to millions of mobile wallet users and bank account holders in key emerging markets. Under this partnership,  Ria’s agent network can also send funds directly to mobile wallets. The partnership will help Ria to expand more in […]

Standard Bank, Mastercard and Google collaborate to help SMEs open their digital doors and reach more customers. Under this joint venture, SMEs can get free access to Standard Bank’s SimplyBlu, an all-in-one e-commerce solution powered by Mastercard Payment Gateway Services, plus free Google Ads to the value of R500. With Google Ads, SMEs can get […]

WeLab Bank, has gone live on Temenos and its Transact core banking system. WeLab Bank is powered by cloud agnostic Temenos Transact for core banking along with Temenos Analytics and Financial Crime Mitigation. WeLab operates on both Amazon Web Services (AWS) and Google Cloud With NuoDB the solution delivers a cloud-agnostic, distributed relational database that […]

VEON has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, Bangladesh’s leading full-stack B2B commerce platform for small businesses, becoming ShopUp’s first strategic corporate investor. The investment enables VEON Ventures to support ShopUp’s fast-growing digital ecosystem for micro, small and medium-sized enterprises (MSMEs), which form a vital backbone of Bangladesh’s economy, as well as providing significant […]

Zong4G customers can now reload and apply data bundles from Finja app. Pakistan’s leading connectivity partner, Zong 4G, has joined hands with the new-age fin-tech company, Finja, to facilitate customers in purchasing Zong 4G’s airtime as well as their favourite data bundles on the move using the Finja mobile app.The collaboration is an extension of […]

FSS (Financial Software and Systems), a global payments technology company, announced today that Canada’s Everlink Payment Services Inc., a leading provider of payments solutions and services for Canadian credit unions, banks, and small and medium enterprises, has selected FSS’s Unified Card Management System to modernize card operations to support its future growth plans. The FSS […]

On a mission to accomplish the business needs of its customers, Mobilink Microfinance Bank Limited (MMBL) has partnered with Paysys Labs to introduce its mobile and internet banking platform. The mobile banking application will be available both on iOS and Android devices and will bridge all MMBL customers to the digital banking eco-system. As a […]

JazzCash, Pakistan’s number 1 mobile account, is now serving more than nine million monthly active users. This is the fastest 1 Million monthly active customers addition that JazzCash has witnessed so far. JazzCash is now processing over PKR 7 billion worth of transactions on a daily basis experiencing YTD growth of 50% in the number of […]

Bookme.pk – Pakistan’s number one e-ticketing platform in the transportation and entertainment sectors – has announced today that they are now live with Samba Bank’s Digital Banking application called Samba Smart, offering e-ticketing services for Buses, Airlines, Cinemas, and Events to Samba Bank customers across Pakistan. This partnership aims to establish convenient and efficient e-ticketing […]