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

Absa announced a strategic partnership on October 2, 2026.

Primary

Absa

Date

October 2, 2026

Sub-sector

PAD/ACH & Bank Rails

Demonstrates major bank-fintech collaboration model for cross-border infrastructure in Africa. Signals incumbent adoption of specialized payment rails and potential acquisition pattern for fintech players with African corridor expertise.

Primary company

Absa

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 2, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com