• Latest
  • Trending
Payday returns to Rwanda using SpaceX's Starlink

Payday returns to Rwanda using SpaceX’s Starlink

May 5, 2023
Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

September 5, 2025
Meta Brings Back Facebook Poke with Emojis and Streaks

Meta Brings Back Facebook Poke with Emojis and Streaks

September 5, 2025
Know why they’re calling: Truecaller launches AI-powered insights

Know why they’re calling: Truecaller launches AI-powered insights

September 5, 2025
Visa harnesses local partnerships to launch Visa Pay in DR Congo

Visa harnesses local partnerships to launch Visa Pay in DR Congo

September 5, 2025
Betika denies recent reports of security breach

Betika denies recent reports of security breach

September 5, 2025
10 things you can actually buy with crypto in Africa

10 things you can actually buy with crypto in Africa

September 5, 2025
CBE seals deal with Botim to enhance remittance services for Ethiopians living in UAE

CBE seals deal with Botim to enhance remittance services for Ethiopians living in UAE

September 5, 2025
Nigeria Senate, SIBAN push for crypto regulation to boost digital economy

Nigeria Senate, SIBAN push for crypto regulation to boost digital economy

September 5, 2025
Mamo Mihretu Resigns as Governor of Ethiopia’s Central Bank

Mamo Mihretu Resigns as Governor of Ethiopia’s Central Bank

September 5, 2025
Paratus Group introduces first private mobile network using LTE and 5G in Namibia

Paratus Group introduces first private mobile network using LTE and 5G in Namibia

September 5, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Tech News Africa Tech News

Payday returns to Rwanda using SpaceX’s Starlink

Felicia Akindurodoye by Felicia Akindurodoye
May 5, 2023
149 1
0
Payday returns to Rwanda using SpaceX's Starlink
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Payday, the leading Pan-African neobank that issues global (USD, GBP, and EUR) accounts to Africans, has announced its re-entry into Rwanda after the official launch of SpaceX’s Starlink in the East African country. This comes on the heels of Payday’s announcement that it will be offering global accounts to Africans.

Payday’s re-entry into Rwanda represents an important milestone in the company’s Pan-African and global expansion aspirations, as well as in the company’s blossoming working partnership with Starlink by SpaceX in its capacity as a payment processor for the company. 

As part of Rwanda’s efforts to accomplish its overall goals for extensive internet access and broadband reach throughout urban and outlying areas, the country’s satellite communications organisation has made it possible for Rwandans to acquire Starlink routers. The news of this availability was announced in February 2023.

Customers of Payday in Rwanda will soon be able to utilise their virtual cards not only to pay for the routers but also to manage the payments for their subscriptions. Using the Payday App.

RelatedPosts

MTN Rwanda and Yellow partner to offer smartphone financing, expanding digital access

MTN Rwanda reports Rwf5.5 billion loss in 2024 due to high operating costs and low revenue growth

Ghana’s Nsano expands to East Africa with new Rwanda office

They will be able to send and receive Rwandan Francs (RWF) in addition to United States Dollars, Great British Pounds, and Euros, just like customers in Nigeria.  

Payday just recently made an announcement regarding a seed financing for $3 million with the intention of obtaining operational licencing in the United Kingdom and Canada, in addition to setting the groundwork for entry into a number of other countries across Europe and Africa, beginning with Nigeria and Rwanda.

Read also: How to choose between ‘Chipper Cash’ and ‘Payday’

Remarks from Payday’s Chief Executive Officer

Payday’s Chief Executive Officer, Favour Ori, issued the following statement in response to the news of the expansion:  “We are excited to expand our digital banking services to Rwanda as well as grow our partnership with Starlink. This not only presents an opportunity for us to play a significant role in driving financial inclusion in the country but also contributing to affordable internet connection regardless of location.”

“Access to the internet is no longer a luxury, but a necessity for personal and economic growth. We believe in the importance of providing a payment solution that empowers individuals and businesses alike to connect to the digital world and unlock new opportunities for growth and development”. Ori added.

How to choose between ‘Chipper Cash’ and ‘Payday’

Kigali Financial Centre acting CIO’s statement

Payday was established in June 2021 in the capital city of Kigali, Rwanda. The company provides African remote employees, freelancers, business owners, and digital professionals with payments that are both seamless and borderless. This permits worldwide payment processing from over 130 nations, which enables Africans to work remotely for international organisations, be paid in the currency of their choice regardless of location, and withdraw money in the currency of their choice

Jean-Marie Kananura, who is acting as the Chief Investment Officer at the Kigali Financial Centre, made the following statement regarding the expansion into Rwanda“We are very happy to witness Payday’s continuous growth.

This is a testimony that Kigali International Financial Center has put in place a trusted framework for Rwandan-based startups to raise capital and scale up globally. Ahead of our Inclusive Fintech Forum in June, we aim to highlight these successes that will continuously position Rwanda as the home of fintech on the continent”.

Payday’s innovative banking solutions are anticipated to play a significant role in the country’s achievement of its ambitious objective of achieving 90% financial inclusion by the year 2024. The country’s goal is to reach this goal by 2024.

Payday is planning to broaden its customer base and solidify its position as a market leader in Rwanda and throughout the East African area with the help of this most recent launch.

Tags: paydayRwandaSpaceX's Starlink
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

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

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.