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
Mobile
Orange and MTN launch pan-African mobile money interoperability
Orange Group and MTN Group, Africa’s mobile operators and mobile money providers, have announced a joint venture, Mowali (mobile wallet interoperability), to enable interoperable payments across the continent
Majid acquires UAE’s leading mobile app
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
FreshPHONE app to replace traditional home phone
Euphoria Telecom home phone service FreshPHONE has introduced a free mobile application which, according to the company, will replace the traditional home phone
Western Union powers M-PESA to send money globally
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