TechBookyBusiness
No Result
View All Result
Sunday, June 26, 2022
  • Login
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us
Subscribe
TechBooky Business
No Result
View All Result
Home Partnership

Carbon – A Nigerian Digital Bank Partners With Visa To Launch Debit Cards This Year

Ibhadojemu Lucky Emmanuel by Ibhadojemu Lucky Emmanuel
June 29, 2021
in Partnership, Startup
Share on FacebookShare on Twitter


Nigerian digital bank
Carbon has announced a partnership with Visa. The pan-African fintech startup announced on Tuesday that the partnership is a strategic five-year partnership aimed at providing improved services andoffering its customers with digital and physical debit cards powered by Visa’s platform.

Carbon plans to launch its Visa debit cards in the third quarter of this year. It plans on leveraging on Visa’s payment functionalities to launch an instant issuance process in three target markets namely Nigeria, Ghana and Kenya.Carbon’s recent partnership comes about a year after the company changed its model from being a digital lending company to a digital bank that offers financial services that include payment, savings, etc.

As part of the partnership, Visa will also provide the startup with financial support that will be spread over the five-year duration of the partnership. Carbon plans on using this fund to improve its services as well as provide implementation and marketing support to aid push growth and adoption of its products powered by Visa’s payments solutions.

Read also: Online payments platform Payoneer goes public shortly after SPAC merger

Chijioke Dozie – the CEO of the startup talking about the partnership said that “Carbon is focused on delivering an unparalleled banking experience that is both safe and reliable across all touchpoints. We want more customers to enjoy some of our popular products like Carbon Zero through their carbon card, and key to achieving this is our partnership with a leading payments and fintech-friendly company like Visa”.

Carbon plans on leveraging these debit cards to increase its user base. The company already has more than 650,000 customers, and processes payments worth $241.35 million in payments, $63 million in loan disbursements in 2020 irrespective of the coronavirus pandemic.

Kemi Okunsanya – Vice President of Visa (West Africa), while speaking about the development said that “The rapid pace of technology innovations has driven a powerful shift in business and consumer expectations in finance. Whether it is changing the way peple invest, manage money, receive loans, or send real-time payments to friends and family, Visa is a natural partner for fintechs including Carbon, providing them with new ways to reach their customers through Visa’s vast network and global scale”.

Read also: Cowrywise gets license from Nigeria’s Securities and Exchange Commission

Total
0
Shares
Share 1
Tweet 0
Pin it 0
Share 0

Related Posts:

  • More Than $1b In Crypto Has Been Spent Using  Crypto-linked Visa Cards
    More Than $1b In Crypto Has Been Spent Using Crypto-linked…
  • Kenya's Mobile money Operator M-Pesa Launches Virtual Cards For Users In Partnership With Visa
    Kenya's Mobile money Operator M-Pesa Launches Virtual Cards…
  • Coinbase Debit Card Can Now Be Used On Apple Pay And Google Pay
    Coinbase Debit Card Can Now Be Used On Apple Pay And Google…
  • Visa Will Offer Bitcoin Purchases And Exchanges, Says CEO
    Visa Will Offer Bitcoin Purchases And Exchanges, Says CEO
  • Apple Pay Launches In South Africa, First In Africa For The Service
    Apple Pay Launches In South Africa, First In Africa For The…
  • India’s Apex Bank Lifts Ban On Mastercard
    India’s Apex Bank Lifts Ban On Mastercard
  • Zambia's Union54 Raises $12 Million In A Seed Extension Round Led By Tiger Global To Scale Its Card Issuing Business
    Zambia's Union54 Raises $12 Million In A Seed Extension…
  • Payments Giant Visa Launches First African Innovation Hub In Kenya To Drive Product Development
    Payments Giant Visa Launches First African Innovation Hub In…
Tags: carbondebit carddigital bankingfintechpartnershipvisa
Previous Post

Cowrywise Gets License From Nigeria’s Securities and Exchnage Commission

Next Post

Zoom Acquires Real-time Translation AI Company In An Undisclosed Deal

Next Post
Zoom Acquires Real-time Translation AI Company In An Undisclosed Deal

Zoom Acquires Real-time Translation AI Company In An Undisclosed Deal

No Result
View All Result

Get top tech business news in your inbox

subscription from
Loading

Crypto Price List

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • TadpoleTadpole(TAD)
    $7.32-1.74%
  • SEENSEEN(SEEN)
    $2.05-2.27%
  • EvedoEvedo(EVED)
    $0.082301-0.80%
  • MarginswapMarginswap(MFI)
    $0.184213-2.11%
  • SakeTokenSakeToken(SAKE)
    $0.0127135.28%
  • WTF TokenWTF Token(WTF)
    $0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)
    $0.005461-5.83%
  • RobotinaRobotina(ROX)
    $0.00266138.50%
  • CageCage(C4G3)
    $0.005010-3.67%
  • YAM v2YAM v2(YAMV2)
    $4.70-1.41%

Recent Posts

  • Fintech Playter Secures $55 million to scale its BNPL offering for SMEs
  • Payment Startup SumUp Gets $624 Million In Funding At A New Valuation Of $8.5 Billion
  • E-commerce giant eBay Acquires NFT Marketplace KnownOrigin
  • Big Data Startup Zenysis Gets $13.3 Million In Series B Funding, To Scale Its Platform Across Africa And Others
  • Raba Partnership Leads API Startup Connecting African Businesses Thepeer’s $2.1 Million Seed Funding Round

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Get top tech business news in your inbox

subscription from
Loading

Popular Tags

Acquisition africa amazon apple bitcoin cbn china coinbase company crypto cryptocurrency e-commerce E-Naira earnings earnings season elon musk facebook fintech Funding gadget google government india Investment ipo kenya microsoft money netflix nigeria payment payments Q1 revenue russia service shares social media Startup Stock tech tesla twitter Ukraine whatsapp

Calendar

June 2022
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« May    

Categories

  • Acquisition
  • Acquisition & Merger
  • App
  • Banking
  • Capital
  • Cryptocurrency
  • Earnings
  • Ecommerce
  • Economy
  • Enterprise
  • Event
  • Funding
  • Gadget
  • Government
  • internet
  • Investment
  • Market
  • Merger
  • Money
  • Partnership
  • Personnel
  • Service
  • Social Media
  • Startup
  • Stocks
  • telecom
  • Venture Capital

Recent News

  • Fintech Playter Secures $55 million to scale its BNPL offering for SMEs
  • Payment Startup SumUp Gets $624 Million In Funding At A New Valuation Of $8.5 Billion
  • E-commerce giant eBay Acquires NFT Marketplace KnownOrigin
  • Big Data Startup Zenysis Gets $13.3 Million In Series B Funding, To Scale Its Platform Across Africa And Others
  • Raba Partnership Leads API Startup Connecting African Businesses Thepeer’s $2.1 Million Seed Funding Round
  • Nigeria’s Healthtracka Raises $1.5 Million In Seed Funding

© 2021 Techbooky Business - Design by Techbookyelite.

No Result
View All Result
  • Home
  • TechBooky
  • Africa
  • TV
  • Startup
  • Earnings
  • Crypto Price
  • Submit Article
  • Contact Us
  • About Us

© 2021 Techbooky Business - Design by Techbookyelite.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$21,253.000.59%
  • ethereumEthereum(ETH)$1,222.332.03%
  • tetherTether(USDT)$1.00-0.19%
  • usd-coinUSD Coin(USDC)$1.00-0.10%
  • binancecoinBNB(BNB)$237.591.34%
  • rippleXRP(XRP)$0.3633761.32%
  • Binance USDBinance USD(BUSD)$1.00-0.18%
  • cardanoCardano(ADA)$0.503.54%
  • SolanaSolana(SOL)$40.22-0.38%
  • dogecoinDogecoin(DOGE)$0.07362810.24%
  • polkadotPolkadot(DOT)$8.010.68%
  • Shiba InuShiba Inu(SHIB)$0.0000121.23%
  • AvalancheAvalanche(AVAX)$20.451.00%
  • matic-networkPolygon(MATIC)$0.580.54%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000071-5.36%
Posting....