National Bank of Ethiopia

IrisGuard and Arifpay unlock potential for financial inclusion for all Ethiopians

Retrieved on: 
Monday, June 19, 2023

LONDON and ADDIS ABABA, Ethiopia, June 19, 2023 /PRNewswire/ -- IrisGuard is proud to announce a strategic collaboration for the provision of the EyePay® Network in Ethiopia with our local financial services partner Arifpay.  

Key Points: 
  • This real-time tracking tool monitors funds at every stage of the process, eliminating the risk of fraud, duplicate payment and double-dipping.
  • IrisGuard and Arifpay are paving the way for a future where digital payments empower beneficiaries to navigate the digital financial landscape confidently using the iris, overcoming connectivity, location or literacy hurdles.
  • Imad Malhas, Founder & Managing Director of IrisGuard commented, "We are proud to be part of such a remarkable milestone in Ethiopia with our partners at Arifpay.
  • Arifpay has been working to revolutionize Ethiopia's digital payment ecosystem with full-fledged innovative solutions to support MSMEs in Ethiopia.

IrisGuard and Arifpay unlock potential for financial inclusion for all Ethiopians

Retrieved on: 
Monday, June 19, 2023

LONDON and ADDIS ABABA, Ethiopia, June 19, 2023 /PRNewswire/ -- IrisGuard is proud to announce a strategic collaboration for the provision of the EyePay® Network in Ethiopia with our local financial services partner Arifpay.  

Key Points: 
  • This real-time tracking tool monitors funds at every stage of the process, eliminating the risk of fraud, duplicate payment and double-dipping.
  • IrisGuard and Arifpay are paving the way for a future where digital payments empower beneficiaries to navigate the digital financial landscape confidently using the iris, overcoming connectivity, location or literacy hurdles.
  • Imad Malhas, Founder & Managing Director of IrisGuard commented, "We are proud to be part of such a remarkable milestone in Ethiopia with our partners at Arifpay.
  • Arifpay has been working to revolutionize Ethiopia's digital payment ecosystem with full-fledged innovative solutions to support MSMEs in Ethiopia.

Open FIESTA alum Nael Hailemariam brings Shenzhen speed to Ethiopia

Retrieved on: 
Tuesday, November 22, 2022

SHENZHEN, China, Nov. 22, 2022 /PRNewswire/ -- "No matter where you are, the culture of Shenzhen is a part of you," said entrepreneur Nael Hailemariam from Ethiopia who completed Open FIESTA's Internet+Innovation Design program in 2021 at Tsinghua Shenzhen International Graduate School (Tsinghua SIGS).

Key Points: 
  • SHENZHEN, China, Nov. 22, 2022 /PRNewswire/ -- "No matter where you are, the culture of Shenzhen is a part of you," said entrepreneur Nael Hailemariam from Ethiopia who completed Open FIESTA's Internet+Innovation Design program in 2021 at Tsinghua Shenzhen International Graduate School (Tsinghua SIGS).
  • In 2018, Nael entered Open FIESTA to study Internet+Innovation Design, which is a master's program oriented to advanced interdisciplinary fields in information technology and innovative design.
  • While at Open FIESTA, Nael took advantage of opportunities to combine his background in engineering with management and leadership.
  • "Shenzhen speed is also part of the value of our company," said Nael.

Chapa Launches the First Payment Gateway in Ethiopia

Retrieved on: 
Wednesday, September 14, 2022

Addis Ababa, Ethiopia--(Newsfile Corp. - September 14, 2022) - Addis Ababa, Ethiopia-founded fintech company Chapa Financial Technologies (Chapa) has launched a new payment gateway service that connects Ethiopia to the global economy.

Key Points: 
  • Addis Ababa, Ethiopia--(Newsfile Corp. - September 14, 2022) - Addis Ababa, Ethiopia-founded fintech company Chapa Financial Technologies (Chapa) has launched a new payment gateway service that connects Ethiopia to the global economy.
  • The payment gateway is designed to simplify secure financial transactions for businesses and governmental organizations in developing countries, mainly in East Africa.
  • The company's primary mission focuses on building payment APIs and payment tools for ambitious Ethiopian businesses.
  • Currently, as Chief Technology Officer for Chapa Financial Services, Israel primarily focuses on developing a seamless payment experience for businesses, entrepreneurs and developers.

Todito Pagos joins the list of Authorized Fintechs

Retrieved on: 
Wednesday, April 20, 2022

MEXICO CITY, April 20, 2022 /PRNewswire/ -- On April 19, The Official Daily of the Federation in Mexico authorized Todito as an Electronic Payment Fund Institution.

Key Points: 
  • MEXICO CITY, April 20, 2022 /PRNewswire/ -- On April 19, The Official Daily of the Federation in Mexico authorized Todito as an Electronic Payment Fund Institution.
  • The authorization granted by The National Banking and Securities Comission comes to position the company as one of the few approved Fintechs in the country, thus providing greater confidence toTodito'sinvestors and users.
  • Todito has been characterized by being in continuous evolution to offer its users a safe, easy, and simple way to manage their money and now with this regulation guarantees it in a forceful way.
  • Todito has 24 years in the financial market helping the country's financial inclusion.