The more than $11,000 dollar plane ticket paid for using MATA’s credit card points. The former CFO also booked a trip to India in March 2021. That flight cost just under $4,000.

SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card.

The company reported an allowance for credit losses build of $322M, primarily driven by growth in its domestic credit card loans. Net charge-off rate of 2.56% declined from 2.82% in the previous ...

Bank of East Asia China Ltd plans to launch a yuan-denominated credit card next week, making it the first foreign bank to issue a local currency credit card independently. The launch of the yuan ...

SanuPay, a rising card technology firm in East Africa, is partnering with OpenWay, a global provider of digital payment software, to introduce Ethiopia’s first domestic credit card. This rollout will ...