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FinTech News

EthSwitch Raises Capital to 3 Billion Br to Boost Digital Payment Services

EthSwitch, the national switch operator in Ethiopia, has been given the green light by its shareholders to increase its capital

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Ethiopia’s Refreshed National Financial Inclusion Strategy Unpacked

The National Bank of Ethiopia has updated Ethiopia’s National Financial Inclusion Strategy, which was developed in 2021. While the official

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Arifpay Relies on Partnerships to Introduce Digital Payments to Ethiopia’s Neighborhood Merchants, Shops

“Why do you think Ride became successful in Ethiopia?” asked Mike Endale, a prominent name in Ethiopia’s startup ecosystem who

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Ethiopia Proposes $150 Million Entry Fee for M-Pesa, Other Foreign Mobile Money Operators

A draft directive aimed at opening up Ethiopia’s mobile money market for foreign operators proposes a license fee of $150

Deep Dive FinTech Guest Contribution

Expanding Ethiopia’s Agent Networks Through Innovative Digital Solutions

By Yaa Asamoah Boateng Agent networks play a critical role in the uptake of digital financial services. They make financial

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From Suspension to Success: MamaPays, CashGo Return Banking on the Future

Ethiopian digital remittance platforms, which were in limbo following a series of suspensions, are back in business with new apps

Dube ALe
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Dube Ale – How it Works! (Dashen Bank)

Dashen Bank and EagleLion System Technology have teamed up to launch “Dube Ale,” a new Buy-Now Pay Later scheme that

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Arfipay Announces Commercial Launch, Prioritizes POS

Arifpay Financial Technologies has announced the commercial launch of its digital financial products and services. The development, which was revealed

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Ethiopian Banks be Ready for the Competition 

By Michael Tomas One day, I was requesting a mobile banking account from an Ethiopian commercial bank. I brought my

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Dashen Named Bank of the Year by the Banker Magazine for Achievements Made in Digital Sphere

Dashen Bank has received Ethiopian Bank of the Year Award 2022 from The Banker Magazine, an affiliate of the Financial