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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 226
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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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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.

Mobile 269
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AWS and e& ink $1bn cloud deal 

Total Telecom

The partnership combines AWS’s sovereign cloud infrastructure with e&’s network, catering to the public sector and regulated industries such as healthcare, finance, and oil and gas. To do this, e& will use AWS’s technology to enhance its platforms, such as the streaming service Starzplay Arabia and the multi-service app Careem.

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M-KOPA hails customer milestone

Developing Telecoms

Smartphone financing company M-KOPA hailed reaching the milestone of providing over five million customers with loans in Africa totalling US$1.5 billion.

Finance 265
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CityFibre Seeks Funds to Boost UK Telecom Growth Potential

VoIP Review

CityFibre envisions itself as a ‘third infrastructure platform’ alongside Openreach and Virgin Media O2. ” The post CityFibre Seeks Funds to Boost UK Telecom Growth Potential appeared first on VoIP Review. The company saw its revenue surge to £99.67

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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