MICT, Inc. and Visa (NYSE: V) have announced the launch of their pan-African strategic partnership, which aims to improve access to digital payments and financial services, and drive financial inclusion across Africa.

Mastercard and Obopay are launching a financial inclusion card, powered by Mastercard, for smallholder farmers as well as rural communities.

International payments in rising markets company EBANX has been authorized by the Central Bank of Brazil to offer a payment initiator service via Brazil’s instant payment platform Pix. 

In the first phase, Purpl will only operate their cash out solution, as a technology provider, via the partnerships signed with international digital remittance companies and licensed local cash out partners on the ground in Lebanon.

The company plans to use the funds to build a financial hub with expanded solutions and resources for Latino immigrants in the US.

The partnership is leveraging digitization in the financial sector accelerated by the pandemic to create unique, Africa-specific products that will increase access of credit to the underbanked across the continent.

According to the World Bank, the loan aims to finance Tunisian institutions for lending to eligible small and medium-sized enterprises.

CSI’s advanced application programming interface capabilities provide simple, secure and audited access to a host of solutions including account opening, deposits, savings, payments, cards, identity verification and other critical lines of financial services.

Tazapay plans to use the funds to further scale its business across Asia and expand in other regions where the company is receiving strong demand for its services, such as the Middle East and Europe.

With the issuance of this bond, Agricover reinforces its long-term commitment to sustainable development in Romania, catering to the financing needs of smallholder farmers.