GB
Payment trends and fintech news from GB
London Sees £30M African Investment Post-Trade Mission
London has attracted over £30 million in Foreign Direct Investment from African companies since Mayor Sadiq Khan's 2025 trade mission to the continent. This development was announced at the inaugural London-Africa Business Summit, which convened over 200 business leaders and policymakers to foster economic ties.
Moniepoint and tell.money Introduce Confirmation of Payee for UK Services
Moniepoint has partnered with tell.money to launch the UK's Confirmation of Payee service, enhancing payment security for its operations. The move signifies the expanding ambitions of African fintech companies into core banking services in developed markets.
Moniepoint Partners with tell.money to Launch Payment Verification in UK
Moniepoint has partnered with UK fintech tell.money to launch a payment verification service for its merchants conducting business with clients in the United Kingdom. The move is part of the Nigerian company's strategy to support African businesses in international trade.
Juicyway Receives FCA Authorisation, Opens New UK-Africa Payments Corridor
UK fintech Juicyway has obtained authorisation from the Financial Conduct Authority, enabling it to launch remittance services to Nigeria and Ghana. The company enters a competitive cross-border payments market where reducing cost and transfer times is a key focus for both new entrants and established players.