Monitise continues to grow, expanding into the African growth mobile market. Monitise joins battle for East African m-banking customers, gets US$1.5m funding | Finextra Monitise has been awarded US$1.5 million by the Africa Enterprise Challenge Fund (AECF) to help fund the launch of its mobile banking and payments service in East Africa. Monitise East Africa will initially offer services in Uganda and then plans to expand into neighbouring countries, including Burundi, Democratic Republic of Congo, Ethiopia, Kenya, Rwanda, Tanzania and Zambia. The service will enable the provision of banking, payment and money transfer services by both banks and mobile networks, … Continue reading Monitise expands into the African growth mobile market