Wire · technology
Paymentology supports Mukuru's expansion into banking
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Fusion42 · 27 October 2026 · Fusion42 review
Paymentology is expanding its partnership with South African fintech Mukuru to launch the Mukuru Account & Card, enabling salary deposits, local payments, cash withdrawals, and cross-border transfers via a Mastercard-enabled platform supported by Bank Zero as the sponsor bank.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 26 Oct 2026 and 27 Oct 2026.
◆ ◆ The Wire takeaway
You can now offer fully integrated digital accounts with cross-border and local payments without building a bank from scratch. Mukuru's move shows evolving fintech models that combine card issuance and banking partnerships to expand financial services in Africa.
◆ Coverage
2 sources · first reported 26 Oct 2026 · latest 27 Oct 2026
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