Hormuud bolsters mobile money platform with bank partnerships
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.
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.
Kenyan and Ethiopian service provider Safaricom has extended its M-Pesa Global service – which enables M-Pesa registered customers to send and receive money globally – to Ethiopia, allowing customers to make mobile money transactions from Kenya to Ethiopia.
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.
MTC Namibia launched its mobile financial service, MTC Maris, as the Namibian government hailed the operator for “stepping ahead” of its rivals, while urging them to follow suit in order to connect the fifth of the population that remains unbanked.
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.