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Carbon teams up with Visa to enable payments across Africa

Carbon teams up with Visa to enable payments across Africa

Banking & FinanceEast AfricaIndustry VerticalsIntelligent TechnologySoftwareTop StoriesWest Africa

Carbon, a pan-African FinTech company providing access to basic financial services for Africans, has announced a strategic five-year partnership with Visa, a provider of digital payments, to offer both digital and physical issuance of Visa cards to its customers.

Carbon is launching Visa debit cards in the third quarter of 2021, roughly a year after shifting from being a leading digital lending company to becoming a digital bank offering a range of financial services including, savings and payments. By leveraging Visa’s payment functionalities, Carbon will deploy an instant issuance process in three key markets including Nigeria, Ghana and Kenya.

“Carbon is focused on delivering an unparalleled banking experience that is both safe and reliable across all touchpoints,” said Chijioke Dozie, CEO and Co-Founder, Carbon. “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.”

Kemi Okusanya, Vice President, Visa West Africa, said: “The rapid pace of technology innovation has driven a powerful shift in business and consumer expectations in finance. Whether it is changing the way people invest, manage money, receive loans or send real-time payments to friends and family, Visa is a natural partner for FinTechs including Carbon.”

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