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African fintech Moniepoint has secured over $10 million in investment from Visa, bringing its Series C funding round to over $120 million. The partnership aims to enhance the adoption of contactless payments among other financial services. This collaboration underscores Visa's commitment to expanding its footprint in the African fintech landscape, where digital payment solutions are increasingly in demand.
๐๐จ๐ง๐, ๐๐๐ฅ๐ฆ๐๐๐ฒ ๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ ๐ญ๐จ ๐๐ง๐ก๐๐ง๐๐ ๐ฉ๐๐ฒ๐ฆ๐๐ง๐ญ ๐ฌ๐๐๐ฎ๐ซ๐ข๐ญ๐ฒ This integration with Zoneโs regulated blockchain network for payment enables PalmPay to fortify its payment capabilities, ensuring reliable, secure, and compliant transactionsโฆ https://t.co/ogbDo5ZVsf
New: African fintech @moniepoint has received new investment from payments giant @Visa. โVisa invested $10M+, per sources, taking total Series C to $120M+ โBoth co. will work toward driving contactless payments adoption among other offerings. Read more: https://t.co/QErUp8UCyt https://t.co/kSVDWWzYhA
New: African fintech @moniepoint has received new investment from payments giant @Visa. โVisa invested over $10M, per sources, taking Series C to $120M+ โBoth co. will work toward driving contactless payments adoption among other offerings. Read more: https://t.co/QErUp8UCyt https://t.co/Et0Lr4v1SX
