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 ...

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 ...