DFS Lab and Gates Foundation invest in four African fintech start-ups
Four start-ups received $200,000 funding from DFS Lab, supported by Bill and Melinda Gates Foundation.
Tanzania
Guaranty Trust Bank extends ICS Banks core system roll-out to Tanzania
Guaranty Trust Bank (GTBank), a Nigeria-based bank operating across multiple countries in Africa, has extended the roll-out of its core banking system, ICS Banks, to Tanzania. The solution is supplied by ICS Financial Systems (ICSFS).
People’s Bank of Zanzibar to overhaul core banking tech with ICS Banks
People’s Bank of Zanzibar (PBZ), a state-owned bank in Tanzania, has concluded its core banking system selection. The bank has signed a deal with ICS Financial Systems (ICSFS) to implement the vendor’s ICS Banks platform.
Millicom debuts Rwanda and Tanzania mobile currency conversion
Luxembourg telecoms company Millicom has launched an African cross-border mobile payments service in Rwanda and Tanzania, which it claims is the first to automatically include currency conversion.
Tanzanian CRDB Bank adopts CR2 self-service banking tools in Burundi
Tanzania’s CRDB Bank has migrated its Burundi subsidiary to software provider CR2’s BankWorld platform, in a bid to bring self-service banking to customers across the East African country.
