Arifpay, Yango Ink Deal to Embed Finance in Ride-Hailing

ADDIS ABABA, Ethiopia – Ethiopian fintech Arifpay has partnered with ride-hailing giant Yango to fully integrate digital payments and financial services into its platform, a first-of-its-kind deal in the country aimed at capturing the lucrative but fragmented transport sector. The collaboration will provide Yango drivers with real-time payment settlements and access to tailored loan products, a strategic move to lock in driver loyalty and digitize a traditionally cash-heavy industry.

The partnership goes beyond simple payment processing, embedding a suite of financial tools directly into the driver's workflow. Key features include immediate settlement of earnings after each trip, a dedicated driver loan program, and a unified digital wallet for easy tracking and reconciliation of all funds. "We're proud to launch Ethiopia's first partnership that fully integrates payments with ride-hailing, setting a new standard for seamless mobility and financial services," Arifpay announced in a statement.