Standard Chartered exploring potential sale of wealth and retail banking units in Botswana, Uganda and Zambia
Standard Chartered says the potential sales will fund “incremental investment” in its wealth management business.
Zambia
Zambian fintech Lupiya partners Network International for debit card programme
The fintech is leveraging Network’s “comprehensive suite of card payment processing solutions”.
African fintech Union54 launches new social commerce platform ChitChat
ChitChat enables users to make immediate USD payment transfers directly within chat conversations.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
South African BaaS platform Jumo raises $120m in funding
The company will use the cash to expand into more emerging markets.
Standard Bank partners Flutterwave to boost digital financial services in Africa
Bank says the pandemic has caused a shift to digital payments across Africa.
Airtel Africa sells 25% stake in mobile money arm to Mastercard for $100m
Airtel Africa hopes to list the mobile money business as a separate entity.
Pan-African challenger Union54 to launch in 2021
Both Union54 and Zazu were founded by Perseus Mlambo.
Standard Chartered and Airtel Africa sign financial inclusion partnership
The two firms plan to boost services in “key” African markets.
Zambian mobile wallet Zazu launches virtual card
Zazu pivoted to digital banking in 2017.
