Tag: Digital Banking

ProvidusUnity Bank begins operations after landmark Nigeria bank merger

ProvidusUnity Bank began operations after the merger of Providus Bank and Unity Bank, expanding digital banking and financial inclusion.

Oluwatosin Alao Oluwatosin Alao

Revolut bank targets South Africa launch in 2028 as demand grows

Revolut targets South Africa launch by 2028 as it pursues banking licence and eyes expansion in Africa’s largest economy.

Oluwatosin Alao Oluwatosin Alao

Standard Bank Connect strengthens telecom ambitions with eSIM

Standard Bank Connect launches eSIM in South Africa to expand mobile services and reach 350,000 telecom customers.

Oluwatosin Alao Oluwatosin Alao

Old Mutual Bank adds senior executives as Africa banking push intensifies

Old Mutual Bank hires senior executives as it prepares to challenge Capitec and expand its banking business in South Africa.

Oluwatosin Alao Oluwatosin Alao

Absa expands in East Africa as Uganda approves Standard Chartered deal

Uganda approves Absa deal for Standard Chartered retail unit, reshaping banking in East Africa amid sector consolidation.

Oluwatosin Alao Oluwatosin Alao

Pep’s new bank PlusB to cost $62 million as Africa fintech race heats up

Pepkor targets $62 million digital bank launch as it prepares PlusB entry into South Africa’s fintech sector by 2027.

Oluwatosin Alao Oluwatosin Alao

Pepkor to launch bank in South Africa as retail finance race heats up

South African retailer Pepkor is preparing to enter the country’s banking industry, adding to a growing shift by retailers toward financial services as they look for steadier income and closer ties with customers.  The company, which owns clothing chains PEP and Ackermans, plans to launch its bank in April 2027. Pepkor said the business will combine digital banking with in-store…

Oluwatosin Alao Oluwatosin Alao

Vodacom targets 275 million Africans in major expansion push

Vodacom Group, a leading African connectivity, digital and financial services company, has raised its medium-term target to 275 million customers by 2030, as it steps up efforts to expand across a rapidly changing telecom and mobile payments landscape in Africa.  The updated goal reflects a wider push by the group to grow its customer base in markets where demand for…

Oluwatosin Alao Oluwatosin Alao

Standard Bank expands cashless branches as digital banking surges      

Standard Bank has expanded to 234 cashless branches as digital banking adoption surges, cutting costs and reshaping how customers access services.

Timilehin Adejumobi Timilehin Adejumobi

Capitec rolls out Smart ID services at new South Africa branches  

Capitec launches Smart ID services at new South African branches.

Timilehin Adejumobi Timilehin Adejumobi

Top 7 mobile money technology services making life better for Africans

Mobile money technology transforms Africa, empowering communities, boosting financial inclusion, and driving economic growth with innovative digital solutions.

Feyisayo Ajayi Feyisayo Ajayi