As part of the ongoing separation of Airtel Africa’s mobile money business from the parent telecommunications company, Airtel Kenya’s division has become the latest to spin off its mobile money services and will now be operated under a separate legal entity. In an interview with...
Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially launched Smartcash Payment Service Bank Friday (July 1). Smartcash will operate as a wholly-owned subsidiary of Airtel, providing financial services...
In today’s EMEA daily news, Airtel Africa unveils SmartCash Payment Service Bank, its newest subsidiary. GoCardless announces its acquisition of Nordigen and the expansion of its open banking services, and Dutch payment service provider Mollie and xentral announce a new partnership. Airtel Africa Launches SmartCash...
In today’s FinTech news, SmartCash Payment Service Bank, a unit of Airtel Africa, brings digital financial services to Nigeria, while OPay and Mastercard partner to boost financial inclusion. Plus, Walmart-owned PhonePe steps up the competition against Google, Amazon and others in India with new acquisitions....
July 01, 2022
Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially launched Smartcash Payment Service Bank Friday (July 1). Smartcash will operate as a wholly-owned subsidiary of Airtel, providing financial services across Nigeria. Services the bank will offer include accepting deposits […]
May 19, 2022
Airtel Africa’s subsidiary, SmartCash Payment Service Bank (SmartCash PSB), is bringing its digital financial services to select cities in Nigeria to further reach unbanked consumers there and expand the region’s...
April 01, 2021
Payments platform Airtel Africa closed a $100 million deal that gives Mastercard a 3.75 stake percent in its business, now valued at $2.65 billion. Raghunath Mandava, chief executive officer (CEO)...
March 18, 2021
The Rise Fund, the global impact investing platform of alternative investment firm TPG, will invest $200 million in Airtel Africa’s mobile money business, according to a Thursday (March 18) announcement....
