Payday and Starlink operations in Rwanda will make digital banking accessible to all remote workers & professionals on the continent while ensuring access to fast and reliable internet connection.
Moniepoint may acquire Payday last valued at $20 million. If the acquisition goes through, both parties could benefit from leveraging each other's infrastructure. Here is our analysis.
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
I used my virtual dollar Mastercard from Payday to order for Starlink to Nigeria and the transaction was smooth.