No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Stock

Co-Develop Invests in Mojaloop Foundation to Drive Open Source Instant Payment Solutions Adoption in Africa

by
September 29, 2023
in Stock
0
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Co-Develop is proud to announce a strategic investment in the Mojaloop Foundation (Mojaloop), a pioneering force aimed at empowering organisations to establish interoperable payment systems, fostering inclusive digital financial services. Mojaloop, an open-source software, facilitates the creation of interoperable digital payment systems that connect users, banks, government entities, and other financial service providers, expediting the adoption of instant payment solutions.

Co-Develop’s investment is geared towards bolstering Mojaloop’s go-to-market strategy, simplifying the adoption of this open-source payment switch by countries. This approach enables nations to take control of their essential infrastructure and drive enhanced financial inclusion.

In recent years, Mojaloop has prioritised increasing the deployment of its solution to accelerate financial inclusion across Africa. Presently, Mojaloop is actively engaged with 13 national payment system projects throughout the continent. The go-to-market strategy is designed to amplify the available resources, expediting the deployment process, and placing a greater emphasis on stakeholder engagement and planning at the outset of instant payment system implementation. This approach aims to reduce barriers to entry, facilitate successful proof of concept, and ensure that deployments begin with meticulous planning for comprehensive implementation.

Robert Karanja, Senior Director for Africa at Co-Develop, emphasised their commitment to deploying secure and inclusive digital public infrastructure, particularly in the realm of payments. He noted that this investment significantly contributes to this objective, empowering communities and countries as they work towards digital transformation in Africa.

Paula Hunter, Executive Director of the Mojaloop Foundation, highlighted the pivotal role of financial inclusion in Africa’s development and poverty reduction. She believes that Co-Develop’s investment, combined with other key Mojaloop initiatives within the Digital Public Infrastructure framework, can drive financial inclusion in developing economies. The foundation’s ultimate goal is to facilitate live deployments and offer flexibility in activities required to achieve this important objective.

The post Co-Develop Invests in Mojaloop Foundation to Drive Open Source Instant Payment Solutions Adoption in Africa first appeared on BusinessMole.

Previous Post

UK mortgage approvals drop to six-month low in August

Next Post

UK households face tax rise of £3,500 a year by next election, thinktank IFS finds

Next Post
UK households face tax rise of £3,500 a year by next election, thinktank IFS finds

UK households face tax rise of £3,500 a year by next election, thinktank IFS finds

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023

Last Day to Give in 2023!

December 31, 2023

The Producer Price Index

September 9, 2023

The Southern Cause: What Led to Secession

0

0

0

0

The Southern Cause: What Led to Secession

May 31, 2025

“Our Marx”: The Great Herbert Spencer

May 31, 2025
UK steel industry faces fresh crisis as US tariff jumps to 50%

UK steel industry faces fresh crisis as US tariff jumps to 50%

May 31, 2025

Global Outcry Against U.S. Prison Forced Labor Grows as Demands for Change Mount

May 31, 2025

Recent News

The Southern Cause: What Led to Secession

May 31, 2025

“Our Marx”: The Great Herbert Spencer

May 31, 2025
UK steel industry faces fresh crisis as US tariff jumps to 50%

UK steel industry faces fresh crisis as US tariff jumps to 50%

May 31, 2025

Global Outcry Against U.S. Prison Forced Labor Grows as Demands for Change Mount

May 31, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.