fintech

LemFi CEO shares origin story and lessons for founders at Pitch2Win

At the fifth edition of Pitch2Win on July 30, a yearly event where aspiring entrepreneurs showcase their ideas and learn…

5 days ago

Afriex expands to Asia to tap booming cross-border payments market

Afriex, the Lagos- and San Francisco-based money transfer startup, has expanded into Asia’s three biggest remittance markets—China, India, and Pakistan—to…

1 week ago

The biggest fintech companies in Nigeria (2025)

Nigeria continues to dominate Africa’s fintech landscape in 2025, even as funding slows across much of the continent. In the…

2 weeks ago

Moniepoint, PiggyVest, M-KOPA, Interswitch named among world’s top 300 fintechs by CNBC

Ten African fintechs, including Interswitch, Moniepoint, M-KOPA, OPay, and PiggyVest, have been named among the world’s top 300 fintech companies…

3 weeks ago

Stitch acquires Efficacy Payments to become a direct card processor in South Africa

Stitch, the South Africa-based payments infrastructure company, has acquired Efficacy Payments, a digital payments startup with direct access to the…

4 weeks ago

Correction: WhatsApp AI bot Xara wants to make banking in Nigeria as easy as chatting

As mobile banking adoption surges across Nigeria, users demand faster and simpler ways to manage their money, without switching apps…

4 weeks ago

After processing $9.3 billion in Q1, Kuda relaunches remittance product for non-Nigerian users

Three years after shelving its initial cross-border remittance plans, Nigerian neobank Kuda Technologies has relaunched with a multi-currency wallet that…

1 month ago

Visa’s billion-dollar bet positions Francophone Africa as Africa’s next fintech frontier

In the hierarchy of Africa’s fintech narrative, Francophone countries are often second placed. The Anglophone giants—Nigeria, Kenya, and South Africa—have…

1 month ago

WhatsApp AI bot Xara wants to make banking in Nigeria as easy as chatting

As mobile banking adoption surges across Nigeria, users demand faster and simpler ways to manage their money, without switching apps…

1 month ago

Clunky investment apps push retail investors into riskier territory – Report

For the first time, everyday Nigerian investors surpassed institutional investors in Q1 2024, capturing 1.1% more of capital markets investments than…

1 month ago

Which app gives South Africa’s migrant workers the best deal on sending their next $200 home?

Johannesburg is a magnet for Africa’s workforce. Migrants from Zimbabwe, Nigeria, the Democratic Republic of Congo (DRC), Uganda, and beyond…

1 month ago

Mukuru customers face balance errors after technical glitch

On the morning of June 19, thousands of Mukuru customers in South Africa woke up to missing funds from their…

2 months ago

How do banks and fintechs determine your credit worthiness?

By March 2025, Mubarak Umar had spent a year and a half working as a supplier agent for Sun King,…

2 months ago

The Backend: Why your refunds take forever and how Recital is fixing it

For most Nigerians, the moment a bank transfer goes awry—money deducted, but no value received—the ordeal begins: emails to customer…

2 months ago

Moniepoint gets approval to acquire 78% stake in Kenya’s Sumac after KopoKopo setback

The Competition Authority of Kenya (CAK) has cleared Nigerian fintech Moniepoint to acquire a 78% stake in Sumac Microfinance Bank,…

2 months ago

Fincra gets South African payments licence to deepen African reach

Fincra, a payment infrastructure provider that serves remittance companies and businesses, has obtained a Third Party Payments Provider (TPPP) licence…

2 months ago

Startups on Our Radar: 10 African startups rethinking ride-hailing, credits, and banking no one’s talking about yet

Startups on Our Radar is a bi-weekly column that spotlights new startups across Africa taking unconventional approaches, filling fundamental gaps,…

2 months ago

Hydrogen surpasses HabariPay in Q1 profit growth among bank-owned fintechs

Access Holdings’ fintech subsidiary, Hydrogen, has recorded the highest profit growth among Nigerian bank-owned payment companies in the first quarter…

2 months ago

Digital payments to power Africa’s $1 trillion cross-border market by 2035, Oui Capital says

Africa’s cross-border payments market is projected to surge to $1 trillion by 2035, up from $329 billion in 2025, according…

2 months ago

Kenyan BNPL startup Watu profits drop 85% to $1.2 million as loan defaults rise

Watu Holdings, a Kenyan buy-now-pay-later startup, reported a sharp 85% drop in profit to $1.2 million (KES157 million) in 2024,…

3 months ago