Saturday, November 23African Digital Business Magazine

Tag: African Financial Markets Initiative

Fintech

Paysend reaches 5 million customers globally in under 5 years

One of the world’s fastest growing FinTechs having added 1.5 million customers in the last 6 months alone. Accelerating customer growth driven by strategic investment following landmark $125M Series B funding round in May 2021. Investment and innovation driving financial inclusion, set to unlock $5.4bn in annual savings for consumers and SMEs by 2025. Paysend, the card-to-card pioneer and international payments platform, announces that it has reached five million customers, with one and a half million customers joining in the last six months alone. Founded less than five years ago, this makes Paysend one of the world’s fastest growing FinTechs. Paysend’s platform is unique, owning the entire payment value chain. It removes the need for third-party acquirers or processors whic...
African News, Tunisia News

AfDB hosts a workshop to boost local currency bond market development in Africa

  Few African countries can effectively access capital in their domestic markets TUNIS, Tunisia, October 24, 2012/African Press Organization (APO)/ – The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB) (http://www.afdb.org), hosted a Pan-African Stakeholder Workshop from October 22 to 24, 2012, at the Ramada Plaza Hotel in Tunis. The workshop offered a unique opportunity for policymakers and market participants to share experiences and contribute to discussions on critical issues facing the development of local currency bond markets in Africa. Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/african-development-bank.jpg In contrast to other regions in the world, few African countries can effectively access capita...