Fincra gets South African payments licence to deepen African reach
- Fincra has obtained a TPPP licence in South Africa.
- The licence allows processing of debit and credit card transactions, EFTs, RTC, and rapid payments.
- Fincra aims to expand its cross-border payment infrastructure across Africa.
Tech In Africa - May 31, 2025
Fincra Secures South Africa Payment Licence to Boost Cross-Border Fintech Expansion
Fincra, a payment infrastructure provider, has secured a Third Party Payments Provider (TPPP) licenc
Fincra's acquisition of the TPPP licence is a pivotal development in the fintech landscape of Africa, indicating a robust commitment to enhancing payment solutions across the continent. This move not only positions Fincra as a key player in the market but also highlights the growing importance of regulatory compliance in facilitating cross-border trade. Further discussions could explore the potential impacts of such regulatory advancements on competition among fintech startups in the region.
