PYMNTS-MonitorEdge-May-2024

Bamba

Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
June 29, 2022  |  Technology

Despite high mobile penetration across Africa, cash remains a preferred payment method for everyday transactions, with an estimated 95% of transactions in Nigeria, one of...

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Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain
Today in FinTech: Bamba Snags $3.2M; Block Shifts Focus to Blockchain
May 18, 2022  |  Investments

In today’s FinTech news, Block, formerly known as Square, wants people to stop thinking of them as a payments-only company and will now be emphasizing...

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EMEA Daily: UK to Unveil New Rules to Target Push Payment Fraud
EMEA Daily: UK to Unveil New Rules to Target Push Payment Fraud
May 18, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the United Kingdom’s Payment System Regulator (PSR) gets ready to roll out new rules targeting...

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Kenyan Software Startup Bamba Secures $3.2M Seed Funding
Kenyan Software Startup Bamba Secures $3.2M Seed Funding
May 18, 2022  |  Investments

Enterprise software startup Bamba secured $3.2 million in a seed funding round led by 468 Capital with participation from Presight Ventures, Jigsaw VC and angel investors Mato...

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