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FinTech TECH

FairMoney Acquires PayForce to Expand Financial Services

April 19, 2022

  In Africa, there are an estimated 100 million MSMEs, with 42 million located in Nigeria alone. By 2025, consumer payments in Africa are projected to reach $2.1 trillion, but currently, only 5% of these transactions are digitized. This has left merchants struggling to collect payments seamlessly, creating an opportunity for banks, fintech firms, and … Continue reading FairMoney Acquires PayForce to Expand Financial Services

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