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Hormuud bolsters mobile money platform with bank partnerships

Developing Telecoms

Hormuud Telecom strengthened its EVC Plus mobile money platform by making it interoperable with MyBank and Agro Bank, with plans to onboard more banks in 2025.

Platform 243
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USSD service boosts Nigerian mobile transaction options

Developing Telecoms

A reminder that in large parts of Africa internet connectivity is not always guaranteed comes from PalmPay, a financial platform with over 30 million users on its smartphone app in Nigeria.

Finance 269
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Ericsson upgrades TMB’s easypaisa to cloud native platform

Developing Telecoms

Ericsson announced on Friday announced that it has completed a major tech stack upgrade for Pakistan’s Telenor Microfinance Bank (TMB), giving its mobile wallet easypaisa a cloud-native platform on which to scale up its services.

Platform 255
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Huawei ICT Services & Software Enable Digital Intelligence Acceleration 

Total Telecom

These solutions include fast equipment Centre Offices (COs) modernisation solution, intelligent operations solution for MBB cross-domain service keepalive, mobile network NPS improvement solution, differentiated service experience monetisation and assurance solution, and enhanced Mobile Money solution.

Finance 179
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Fintech company Mukuru launches new mobile wallet in Malawi

Developing Telecoms

Leading financial services platform Mukuru has announced the launch of its new mobile wallet in Malawi, the Mukuru Wallet, which, Mukuru says, is designed to address the growing demand for a convenient, secure, efficient way to manage funds and make money transfers.

Mobile 276
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Mukuru launches mobile wallet service in Zimbabwe

Developing Telecoms

Financial services platform Mukuru says it has launched a mobile wallet in Zimbabwe called Mukuru Wallet. This follows Mukurus award of a Deposit-Taking Microfinance Institution (DTMFI) licence in the country by the Reserve Bank of Zimbabwe.

Mobile 260
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Digital banking firm Nubank plans MVNO mobile service in Brazil

Developing Telecoms

Brazil-based digital bank platform Nubank announced plans on Tuesday to join Brazil's increasingly crowded mobile virtual network operator (MVNO) space in a bid to expand its portfolio beyond financial services.

Mobile 260