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Kenya-based bank Family Bank Limited has teamed up with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat, a service that will boost trade between Kenya and China

Majid Al Futtaim, one of the leading shopping mall, communities, retail and leisure pioneers across the Middle East, Africa and Asia, has announced the acquisition of Beam Portal, the owner of the UAE mobile wallet app Beam

Safaricom, Kenyas mobile network operator and M-PESA provider, and Western Union have again joined forces to unlock global money transfers for more than 28mn mobile wallet holders

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