Absa and Thunes expand cross-border payments partnership across African markets

Absa Group announced a strategic partnership on October 1, 2026.

Primary

Absa Group

Date

October 1, 2026

Sub-sector

PAD/ACH & Bank Rails

Demonstrates buyer appetite for cross-border payments infrastructure and liquidity solutions in Africa. Shows strategic banks are seeking modular partners rather than building in-house, relevant for fintech providers targeting African payment corridors.

Primary company

Absa Group

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 1, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com