Social media platform, Facebook has floated its own cryptocurrency, named Libra. Unveiled in the USA, yesterday, the take-off, according to the social network founded by Mark Zuckerberg is to hold by 2020. The American firm is reported to have ploughed up to $1 billion (£800 million) on the project, with more spending envisaged. Facebook’s cryptocurrency push…

PalmPay, a new player in Africa’s fintech industry, said it has partnered with Visa, global payments technology company, to advance financial inclusion across Africa, through access to real time digital payment services.

Tough times await Nigerians willing to renew their visas, as the United States embassy has suspended the drop box service or interview waivers. In a statement on its website yesterday, the embassy said henceforth, all applicants, including frequent travellers who used to deploy the drop box method, would now have to appear for interviews every…

Visa, a global payments technology company has launched its first global competition to celebrate and empower outstanding women entrepreneurs to commemorate the 2019 International Women’s Day. The competition- ‘Visa Everywhere Initiative’ begins with the Women’s Global Edition, which focuses on providing women entrepreneurs with a platform to showcase their ground-breaking solutions. The global program invites…

Flutterwave, a global payment solutions business based in Africa has partnered with Visa to launch GetBarter, an application that allows consumers and merchants to make and accept payments locally and internationally. The GetBarter app is a lifestyle payment solution that operates globally with an initial user base in Nigeria, Kenya, Ghana and South Africa. Visa…

Visa (NYSE:V), the Official Payment Services Partner of FIFA, has announced partnerships with the Union of European Football Associations’ (UEFA) Women’s Football Competitions, and the Confederation of African Football (CAF) Total Africa Cup of Nations tournament to evolve its sponsorship portfolio and connect with fans around the world. Leveraging its sponsorship expertise and success at…

Global leader in payments, Visa (NYSE: V), has extended its contract with the Confédération Africaine de Football (CAF), as a sponsor of the Total Africa Cup of Nations (AFCON) tournament in 2019 and 2021.

Earlier this week, Tanzania announced that it will no longer issue visa to nationals of some African countries, including Nigeria. However, Africans can now rejoice as Ethiopia has announced it will start giving visa to African travellers on arrival. It is learnt that Ethiopian President, Mulatu Teshome shared the news with the parliament as part of Ethiopia’s…

Visa, the global leader in payments, said it will launch the Cashless Lagos Hackathon in partnership with Lagos Innovates, an initiative of the Lagos State Employment Trust Fund (LSETF) as part its efforts to educate and enable Nigerians to reduce their reliance on cash. The three-day event, which is scheduled to hold from 14 September…

Paystack, a Nigeria-based startup providing payments tools to businesses in Africa, has raised $8 million in Series A Funding. The round was led by Stripe, and includes Visa, follow-on funding from Tencent and Y Combinator, as well as angel investors Tom Stafford (Managing Partner at DST Global), Gbenga Oyebode (founding partner of Aluko & Oyebode…

Visa (NYSE: V), the official payment services partner of FIFA, yesterday released an analysis of spending inside the 2018 FIFA World Cup Russia stadiums from the opening match on June 14 through the semi-finals on July 11. The data highlights the increased consumer adoption of innovative payment technology, as fifty percent of purchases with Visa…

The most anticipated 21st FIFA world cup football game kicked off last week, in Russia. But for those who will not be able to make it, VISA Inc., global payment company has partnered with Balmoral to bring Russia to Lagos, the Center of Excellence. Visa Inc. has been a top-tier FIFA partner since 2007, and…