{"id":77441,"date":"2026-04-22T18:51:38","date_gmt":"2026-04-22T18:51:38","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators"},"modified":"2026-04-22T18:54:58","modified_gmt":"2026-04-22T18:54:58","slug":"paychangus-nomination-boosts-malawi-fintech-innovators","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators","title":{"rendered":"PayChangu\u2019s Nomination Boosts Malawi Fintech Innovators"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>PayChangu, Malawi\u2019s homegrown digital payment gateway designed to simplify and secure transactions, has welcomed its nomination for the \u201cTop Invest in Malawi\u201d recognition, describing it as more than an award but a strong validation that the country\u2019s e-commerce ecosystem is evolving and local innovation is gaining high-level recognition.<\/p>\n<p>PayChangu Chief Operations Officer, <b>Joshua Mwendo<\/b>, said in an interview on Wednesday that the recognition reflects the growing impact of the platform across Malawi\u2019s digital economy.<\/p>\n<p>\u201cThis means a lot. It shows that what we are doing is being recognised and that it is having an impact on Malawi\u2019s e-commerce ecosystem. It also shows that Malawi has a future and that we are moving in the right direction,\u201d said Mwendo.<\/p>\n<p>He said the company\u2019s growth from a startup to a major fintech player serving over 10,000 merchants has exceeded initial expectations.<\/p>\n<p>\u201cWe did not expect to reach this level so quickly. We now have over 10,000 merchants using PayChangu across different sectors, including government, NGOs, the private sector, and SMEs. The response has been tremendous, and we are encouraged by the progress,\u201d he said.<\/p>\n<p>Mwendo noted that the growing client base demonstrates increasing trust in locally developed fintech solutions, with both public and private institutions adopting the platform for payment processing.<\/p>\n<p>He further said the nomination also reflects a broader policy shift in support of innovation and digital entrepreneurship in Malawi.<\/p>\n<p>\u201cInnovations like ours are now being recognised by government, and there is a clear effort to encourage local innovators. This means a lot not only to me and my company, but to the wider innovation ecosystem,\u201d he said.<\/p>\n<p>PayChangu has since expanded its operations, opening a second office in Blantyre to complement its headquarters in Lilongwe. The company says its teams are currently focused on system upgrades and developing tailored solutions for businesses still relying on traditional payment collection systems.<\/p>\n<p>Mwendo explained that part of PayChangu\u2019s early growth challenge was market education, as many users were familiar with mobile money platforms such as Airtel Money and TNM Mpamba, but not payment gateways.<\/p>\n<p>\u201cMost people understand Airtel Money and Mpamba, which are payment methods. PayChangu is different. It is a payment gateway that integrates these systems into one platform for businesses,\u201d he said.<\/p>\n<p>He added that the platform enables businesses to receive payments through multiple channels with a single integration.<\/p>\n<p>\u201cThat one integration gives businesses access to mobile money platforms, bank payments, and international card payments such as Visa and Mastercard from markets including the US, UK, China, Australia, and France,\u201d he said.<\/p>\n<p>Mwendo further explained that PayChangu also facilitates settlement of funds, including foreign currency, directly into merchants\u2019 foreign currency denominated (FCD) accounts, reducing reconciliation challenges for businesses.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Malawi<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. PayChangu, Malawi\u2019s homegrown digital payment gateway designed to simplify and secure transactions, has welcomed its nomination for the \u201cTop Invest in Malawi\u201d recognition, describing it as more than an award but a strong validation that the country\u2019s e-commerce ecosystem is evolving and local innovation is gaining high-level recognition. PayChangu Chief Operations Officer, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":77439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234],"class_list":["post-77441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-malawi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PayChangu\u2019s Nomination Boosts Malawi Fintech Innovators - Malawi<\/title>\n<meta name=\"description\" content=\"PayChangu, Malawi\u2019s homegrown digital payment gateway designed to simplify and secure transactions, has welcomed its nom ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PayChangu\u2019s Nomination Boosts Malawi Fintech Innovators\" \/>\n<meta property=\"og:description\" content=\"PayChangu, Malawi\u2019s homegrown digital payment gateway designed to simplify and secure transactions, has welcomed its nom ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-22T18:51:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-22T18:54:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2026\/04\/sm_1776884080.357005.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"PayChangu\u2019s Nomination Boosts Malawi Fintech Innovators\",\"datePublished\":\"2026-04-22T18:51:38+00:00\",\"dateModified\":\"2026-04-22T18:54:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators\"},\"wordCount\":470,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2026\/04\/sm_1776884080.357005.jpg\",\"keywords\":[\"Malawi\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/paychangus-nomination-boosts-malawi-fintech-innovators\",\"name\":\"PayChangu\u2019s Nomination Boosts Malawi Fintech Innovators - 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