Visa to invest $1 billion in the next 5 years to accelerate digital payments in Africa
December 15, 2022
Visa has pledged to invest $1 billion in Africa over the next 5 years. The company says this investment will help enable greater access to digital payments as an entry point for expanding formal financial…
Visa outlines its 5-year commitment to digitally enable small businesses in Kenya.
December 13, 2022
Visa has affirmed its commitment to digitally-enabling small and medium businesses (SMBs) in Kenya by working closely with partners to accelerate access to digital payments. Visa has also announced its intention to launch dedicated Kenya…
Visa Unveils grant for African women fund managers grow their businesses
August 9, 2022
Visa has today announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA). The grant will be utilized to fund the…
VISA and ABSA unveil ‘Absa Visa Send Money’ to facilitate Domestic and international remittances
June 28, 2022
Absa Bank has announced a new partnership with Visa to unveil a new domestic and cross-border remittance service, Absa Visa Send Money. This service allows users to make person-to-person money transfers and persons-to-businesses payments via…
Google’s first product development center in Africa is set to open in Nairobi
April 20, 2022
Google has revealed that it will be opening its first product development centre in Africa. The centre will be opened in Nairobi and will be used to build “transformative” products and services for the African…
Visa's First Innovation Studio in Africa Opens in Kenya
April 6, 2022
Visa today opened a new Innovation Studio in Nairobi, its first dedicated innovation site in Sub-Saharan Africa (SSA). This facility will serve the sub-Saharan Africa region and joins a network of innovation centers operated by…
Visa Everywhere Initiative 2022 invites fintech and payment startups to showcase their solutions on a global stage
February 10, 2022
The Visa Everywhere Initiative (VEI), a globally open innovation program is inviting fintech and payment startups to showcase their innovative products and solutions, with finalists gaining firsthand exposure to key fintech stakeholders across banking, merchant, VC…
Visa Collaborates with IBS Bank Somalia to drive Payments Inclusion
June 20, 2019
Earlier this week, IBS Bank announced a partnership with Visa to deepen its payments services in Somalia by going live with its acquiring business on the Visa platform. Through this partnership, IBS Bank will accelerate…
Visa Announces Fintech Fast-Track Program in Central & Eastern Europe, Middle East and Africa
February 13, 2019
Visa today announced it is expanding its Fintech Fast-Track Program in the Central and Eastern Europe, Middle East and Africa (CEMEA) region as part of its efforts in developing the next generation of digital payment…