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Exclusive: PayPal plans Africa global digital wallet launch in 2026

Summary by Semafor
The ScoopPayments giant PayPal is in talks with fintech players in Africa as part of plans to launch a new cross-border digital wallet platform on the continent in 2026, its head of Middle East and Africa told Semafor as the company seeks to capture a slice of the continent’s fast-growing market.PayPal World, a new global platform, will enable interoperability, allowing people with local digital wallets to make cross-border payments or shop over…

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SemaforSemafor
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Exclusive: PayPal plans Africa global digital wallet launch in 2026

The ScoopPayments giant PayPal is in talks with fintech players in Africa as part of plans to launch a new cross-border digital wallet platform on the continent in 2026, its head of Middle East and Africa told Semafor as the company seeks to capture a slice of the continent’s fast-growing market.PayPal World, a new global platform, will enable interoperability, allowing people with local digital wallets to make cross-border payments or shop over…

·New York, United States
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Semafor broke the news in New York, United States on Friday, December 12, 2025.
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