Uganda introduces investment via mobile phone

Brazil-based digital bank platform Nubank announced plans on Tuesday to join Brazil’s increasingly crowded mobile virtual network operator (MVNO) space in a bid to expand its portfolio beyond financial services.

MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.

PLDT’s digital unit DigiCo acquired a 10% stake in Bayad Center and the entirety of Multipay Corp, as the operator aims to position itself for the Philippines’ shift to digital payments.