Paga raises $10m Series B2, finally going global
Nigerian fintech company, Paga has just announced a new $10 million Series B funding round led by the Global Innovation Fund. According to Paga CEO, Tayo Oviosu, the fund will …
Read MoreTag: Mobile Money Technology
How NALA is easing access to financial services for Tanzanians
Financial inclusion in Sub-Saharan Africa grew from 23% in 2011 to 43% in 2017, according to a report by The World Bank. And of all the regions in Africa, countries …
Read More Why Paga’s technology is built and managed in Ethiopia
Earlier in August, Paga announced hitting the 9 million unique user mark on its platform, a 1 million increase from the 8 million users announced four months prior To ensure …
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What Alipay’s move to Africa could mean for African fintech startups
With 520 million users, Alibaba’s Alipay is arguably one of the biggest online and mobile payment platforms in the world. And just recently, the China-based payment platform revealed plans for …
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Uganda: MPs Grapple With 0.5 Percent Mobile Money Tax Reduction Plan
Parliament — Mobile Money users will have to wait a little longer for the new 0.5 percent tax levy to be operationalised. The government in July decided to drop the …
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Uganda: Mobile Money Tax Shores Up URA Collection and It Could Be Here to Stay
More than 45 days after the government of Uganda gave in to public pressure and introduced a Bill in parliament to remove the one per cent excise duty on receiving …
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