#Mobile Money - Web3Africa

Stablecoins Meet M-PESA: Kenyan Mobile Money, Mpesa Adds PayPal

KenMichaelsAugust 5, 2025February 2, 202608 mins

PayPal integrates with M-Pesa’s 35.8M wallets, revolutionizing Kenya’s digital payments as mobile money revenue hits $1.25B. Freelancers and remote workers (5% of Kenya’s workforce) now access instant PYUSD stablecoin conversions at just 0.99% fees, bypassing inflation and FX bottlenecks. With 299,000 agents processing $17.83B annually, this integration positions Kenya as Africa’s stablecoin gateway for global commerce and financial inclusion.

How Visa Is Backing Francophone Fintech Growth

KenMichaelsJuly 8, 2025January 29, 202609 mins

Visa positions Francophone Africa fintech growth as emerging alternative to Anglophone giants, deploying $1 billion across 17 nations targeting Dakar, Cotonou, Abidjan. Loïc Aplogan: “We’re not just writing checks; We’re co-developing, iterating, and scaling what works.” Co-creation model partners with local fintechs (JUMU in Côte d’Ivoire) to develop mobile-first payment solutions as 60% of West Africa’s population under 25 drives digital-first expectations. “Follow the User” strategy meets consumers where mobility and digital payments provide financial access.

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Turning Prepaid Airtime Into USDC: What Fonbnk Built on Avalanche

KenMichaelsJanuary 26, 2024December 22, 2025012 mins

Fonbnk’s partnership with Avalanche lets users in select African markets convert prepaid airtime into USDC and other tokens via a simple, bankless on-ramp designed for cross-border payments and everyday DeFi access.