Ethiopian Fintech Startup Arifpay to Raise 160 Million Birr in Second Funding Round

Arifpay initially raised 140 million birr in its first round of funding in 2021 from 42 founding shareholders, a mix of industry experts and angel investors.

Exclusive: Ethiopian Fintech Startup YaYa Wallet Secures Mobile Money License

“Using NFC, users will be able to make payments at terminals like bus and train stations by simply swiping their phones at payment terminals,”

The Road to Digitalization in Ethiopia: Lessons from Fuel Stations

Challenges and Opportunities in Ethiopia's Digital Fuel Payment Rollout

DireTube Founder Sets Sights on Lucrative Fintech Market with FenanPay Payment Gateway

In terms of transaction fees within Ethiopia, FenanPay implements a flexible structure ranging from 0% to 2%.