Recent Posts
Small Business
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July 16, 20240150
A profitable union: How banking agents helped OPay and Moniepoint distribute 17 million cards
Nigerian neobanks and banking agents need each other. The agents are the neobanks’ branches; they open accounts, accept deposits, process withdrawals, -
July 16, 20240141
Food delivery apps are saving $100,000 yearly by choosing cheap communication apps
Margins are slim in the food delivery business. Whether it’s a cloud kitchen like Food Court, a restaurant aggregator platform like Chowdeck, or a res -
July 11, 20240209
Exclusive: How a six-week freeze on customer onboarding slowed card demand for OPay and Moniepoint
In April, Nigeria’s central bank barred fintechs from onboarding new customers for six weeks. In that period, two of Nigeria’s biggest fintechs—Opay a -
July 9, 20240109
Mastercard Foundation conference spotlights Africa’s edtech startups
Investor interest in African education technology (edtech) has cooled since the end of the COVID-19 pandemic lockdowns highlighted how technology aids -
July 6, 2024098
Kenya to issue payment licences: Flutterwave, Chipper Cash could be first in line
The Central Bank of Kenya (CBK) plans to issue payment licences to fintech startups soon, an important softening of an earlier stance that will open u -
July 6, 2024035
Safaricom and Pezesha launch new loan service for small businesses
Safaricom, Kenya’s top mobile network, has picked Pezesha, a digital lender, to provide credit to small business owners, which will add to the telco’s -
July 5, 2024034
Tiger Global-backed Minka is the latest LATAM fintech to set up shop in Africa
In recent years, a handful of Latin American fintechs have made inroads into Africa to tap into its growing digital payments market. The latest entran -
July 5, 2024016
Exclusive: Caantin expands into US after two rebrands and layoffs
Caantin, the Kenyan startup that was formerly called Kibanda and then TopUpMama, has led many lives. Backed by Ventures Platform and DFS Labs, Kibanda -
July 5, 2024021
Kenyan AI startup Chpter joins Safaricom’s Spark Accelerator
Chpter, a Kenyan AI-powered social commerce startup, has joined Safaricom’s Spark Accelerator, alongside eight others. Chpter is the first key s -
July 5, 2024031
Peleza merges with YC-backed Prembly to form Prembly Group
Kenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide the specifi
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Small Business
A profitable union: How banking agents helped OPay and Moniepoint distribute 17 million cards
Nigerian neobanks and banking agents need each other. The agents are the neobanks’ branches; they open accounts, accept deposits, process withdrawals, and issue cards. In return, t
Food delivery apps are saving $100,000 yearly by choosing cheap communication apps
Margins are slim in the food delivery business. Whether it’s a cloud kitchen like Food Court, a restaurant aggregator platform like Chowdeck, or a restaurant that handles its deliv
Exclusive: How a six-week freeze on customer onboarding slowed card demand for OPay and Moniepoint
In April, Nigeria’s central bank barred fintechs from onboarding new customers for six weeks. In that period, two of Nigeria’s biggest fintechs—Opay and Moniepoint—slowed card dist