--- title: Wakandi updates | Fintech description: Fintech | Our vision is to be the global leader in creating equal financial opportunities. Follow us on our journey. --- Blog # Latest from Wakandi We are here with a clear purpose: be the global leader in creating equal financial opportunities. Follow us on our journey [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [partner-mno](https://blog.wakandi.com/tag/partner-mno?hsLang=en) ##### [Still, peer-to-peer payments and cash-in-cash out are dominating the mobile money sector.](https://blog.wakandi.com/blog/still-peer-to-peer-payments-and-cash-in-cash-out-are-dominating-the-mobile-money-sector?hsLang=en) Africa accounts for 70% of the world’s $1 trillion mobile money value. Cash-in-cash-out and P2P payments account for the bulk of that value; for the numerous fintech targeting the African market,... May 31, 2022 3:56:59 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en) ##### [Wakandi takes home 2 of 3 prizes in the Mastercard event](https://blog.wakandi.com/blog/wakandi-takes-home-2-of-3-prizes-in-the-mastercard-event?hsLang=en) With two out of three first prizes, we are happy with the event. Mastercard Lighthouse MASSIV May 20, 2022 7:54:37 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [SocialImpactTech](https://blog.wakandi.com/tag/socialimpacttech?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [SocialImpact](https://blog.wakandi.com/tag/socialimpact?hsLang=en) ##### [SACCOs in Africa are tapping into fintech for growth](https://blog.wakandi.com/blog/saccos-in-africa-are-tapping-into-fintech-for-growth?hsLang=en) For decades, savings and credit cooperatives (SACCOs) have been providing small loans and savings facilities to their members. They have extended their services to millions of households in Africa... Apr 15, 2022 7:27:29 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [SocialImpact](https://blog.wakandi.com/tag/socialimpact?hsLang=en) ##### [Wakandi joins Mastercard’s Lighthouse MASSIV Program](https://blog.wakandi.com/blog/wakandi-joins-mastercards-lighthouse-massiv-program?hsLang=en) At Wakandi, we have always focused on building products and services to support a more inclusive and sustainable society. It is our mission that has driven us to build an innovative solution for... Mar 23, 2022 8:28:21 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology?hsLang=en) ##### [How technology is shaping Africa’s informal finance](https://blog.wakandi.com/blog/how-technology-is-shaping-africas-informal-finance?hsLang=en) Technology has been transforming businesses across the globe and there is no stop sign. Industries are witnessing innovation through technology that is changing their products, processes, and... Dec 8, 2021 9:57:36 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Banking](https://blog.wakandi.com/tag/banking?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en) ##### [Kenya is emerging as a fintech innovation hotbed in Africa](https://blog.wakandi.com/blog/kenya-is-emerging-as-a-fintech-innovation-hotbed-in-africa?hsLang=en) Africa has witnessed tremendous financial innovation over the past decade. Powered by the rapid adoption of mobile technologies, innovators and tech startups are building a modern infrastructure with... Sep 17, 2021 4:50:06 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en) ##### [Wakandi obtains the PSP license for Tanzania](https://blog.wakandi.com/blog/wakandi-obtains-the-psp-license-for-tanzania?hsLang=en) Our subsidiary Wakandi Tanzania was recently awarded the Payment Service Provider license by the Bank of Tanzania (BoT). The PSP license places the company together with a few other companies that... Aug 30, 2021 9:47:48 AM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en) ##### [How digital platforms can transform SACCOs in Kenya](https://blog.wakandi.com/blog/how-digital-platforms-can-transform-saccos-in-kenya?hsLang=en) The financial sector across Africa is witnessing a digital transformation. Equity Bank Kenya Limited reported a rise of 38% in merchant banking digital payments. Beyond commercial banking, mobile... Aug 18, 2021 5:13:05 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Moving towards digitization – Wakandi onboards SACCOS in Kenya](https://blog.wakandi.com/blog/moving-towards-digitization-wakandi-onboards-saccos-in-kenya?hsLang=en) As technology closes in to transform the finance world, we help SACCOS move from manual tasks to digital processes with CAMS. Aug 13, 2021 4:27:42 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en) ##### [Wakandi marches toward success](https://blog.wakandi.com/blog/wakandi-marches-toward-success?hsLang=en) One of the many goals for us at Wakandi is to help the unbanked in Africa by offering better financial solutions. To achieve that, we have been exploring the market and opportunities, as well as... Jul 14, 2021 4:57:24 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [e-Conomy of Africa boosting digital transformation](https://blog.wakandi.com/blog/e-conomy-of-africa-boosting-digital-transformation?hsLang=en) Internet and mobile technologies are transforming the lives of millions of people in Africa. A vast population is connecting through mobile devices and sending payments to each other every day. This... Jul 9, 2021 3:22:35 PM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Digitalising the informal financial sector in Tanzania](https://blog.wakandi.com/blog/digitalising-the-informal-financial-sector-in-tanzania?hsLang=en) We are thrilled to be featured in The Citizen newspaper as our Co-Founder and KAM, Sele Mduda, was invited for an interview. Sele got a chance to talk about Wakandi and its mission in an exciting QnA... Jun 25, 2021 3:13:16 PM