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- 19 April, 2024
FinTech
EthSwitch Facilitates Over 92 Billion Birr in Interoperable Transactions
EthSwitch, Ethiopia’s national switch operator mandated to create interoperability between financial institutions, has reported facilitating interoperable transactions amounting to 92.4
Ethiopian Fintechs Brace for Impact with EthSwitch’s National Payment Gateway
Earlier this week, Ethiopia’s national switch operator, EthSwitch, officially introduced its National Payment Gateway, a product meant to serve as
Fintech Startup Equb Releases New Version That Goes Beyond Automation
eQUB, a fintech startup aiming to digitize and decentralize peer-to-peer saving groups and lending circles, has released an upgraded version
Ethiopia Opens Door for Mobile Money Platforms to be Used in Securities Investment
The National Bank of Ethiopia (NBE) has revised its Payment Instrument Issuer Directive, paving the way for mobile money platforms
Visa at the Doorsteps of Ethiopia’s Payment Ecosystem
Visa has had a long-standing presence in Ethiopia, with Ethiopian banks relying on the payment giant to issue debit cards.
Ethiopia Launches Goverment Procurement Card
The Ministry of Finance, in collaboration with the Commercial Bank of Ethiopia, has officially introduced a government procurement card. This
Ethiopia Envisions Linking Digital ID with Payments
The National ID Project Program (NIDP) is collaborating with global fintech giant VISA to integrate its digital identification systems with
Dashen Bank Join Forces with Mastercard to Launch Virtual Prepaid Card for Travelers
Dashen Bank has teamed up with Mastercard to launch the ‘Dashen Mastercard,’ a multi-currency international prepaid card designed for travelers.
Ethiopia’s First Private Mobile Money Service Provider Kacha Receives Commercialization Approval
Kacha Digital Financial Service, a private mobile money service provider, has received official approval from the National Bank of Ethiopia
Nedaj Processes 2 Billion Br in Fuel Transactions
EagleLion System Technology, a local IT firm, has announced that its digital platform for fuel payment Nedaj has processed transactions