fintech

Moniepoint bets $7.39 million on London expansion in UK remittance push

Moniepoint’s London remittance bet has cost it $3.77 million since February 2024, according to UK regulatory filings. Moniepoint Group set…

16 hours ago

Car washers in South Africa’s biggest cities can now receive instant digital payments

Street Wallet, a South African cashless payment fintech, has partnered with Plush Car Wash, a popular car care brand, to…

7 days ago

Nigeria’s lenders have dodged credit bureau reporting for years; Lendsqr just made it free

Lendsqr, a Nigerian Lending-as-a-Service (LaaS) startup that serves banks, fintechs, and non-bank lenders, has partnered with CreditRegistry and CRC Credit…

7 days ago

7 African startups powering credit, crypto, creators, and capital

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured 7…

1 week ago

Why Fincra is teaming up with Reap to speed up Africa–Asia transactions

Fincra, a payments infrastructure provider for businesses in and beyond Africa, has partnered with Reap, a global stablecoin-enabled infrastructure provider,…

2 weeks ago

For immigrants, this fintech makes credit history as portable as a passport

When Wale Akanbi, a former CTO and co-founder of Aella, a Nigerian financial and credit solutions provider, relocated to the…

3 weeks ago

Tanzania’s NALA enters Kenya with Equity Bank, Pesalink partnership

Tanzanian fintech NALA has expanded into Kenya through a partnership with Equity Bank and payment utility Pesalink, targeting the country’s…

1 month ago

Kenya’s High Court exempts fintechs from VAT in landmark ruling

A Kenyan High Court has ruled that fintechs should be exempt from value-added tax (VAT) on payment services, overturning an…

1 month ago

On Johannesburg’s streets, traders remain fiercely cash-first

In Johannesburg’s inner city, street traders turn sidewalks into shopfronts. On one side, a woman chops inhloko (cow head), her…

1 month ago

Apps push retail investments to ₦516.5bn on Nigeria’s stock market

Retail investors are tapping into Nigeria’s ₦89.06 trillion stock market as apps lower barriers to entry, pushing retail trades up…

1 month ago

Correction: After turbulent year, Leatherback shifts to enterprise remittance under new leadership

In June, Leatherback, the UK-headquartered cross-border fintech once mired in fraud investigations, unveiled new executives in posters styled like Marvel…

1 month ago

Cardtonic is building a super app for everything gift cards, gadgets, and payments

In Nigeria, the vibrant holiday season often comes with an unusual problem: wasted gift cards. A cousin in London might…

2 months ago

Fintech apps in Nigeria with competitive interest rates on savings

Table of contents A few years ago, I kept my savings in a regular bank account. The interest was so…

2 months ago

After turbulent year, Leatherback shifts to enterprise remittance under new leadership

In June, Leatherback, the Nigerian cross-border fintech once mired in fraud investigations, unveiled new executives in posters styled like Marvel…

2 months ago

Moniepoint’s new POS terminal shows the unicorn is playing a long enterprise game

On August 7, I watched a cobalt-blue Moniepoint point-of-sale (POS) device do something it had never done before. With a…

2 months ago

South Africa’s Street Wallet raises $350,000 to expand QR payments for informal traders

Street Wallet, a South African mobile payment fintech, has raised $350,000 (R6.2 million) in funding at a valuation of $2…

2 months ago

Digital lenders face up to ₦100m fine for unethical conduct under FCCPC new rules

Digital lenders in Nigeria now risk fines between ₦50 million and ₦100 million, or 1% of their annual turnover, for…

2 months ago

Nigeria nets ₦84.97 billion in six months after extending transfer levy to fintechs

When Kemi Michael, a corporate compère, attempted to transfer money to her usual PoS agent in late 2024, the attendant…

2 months ago

Correction: Kenya’s Wabeh scales back BNPL rollout to focus on underwriting and select markets

Wabeh, a Kenyan buy-now-pay-later (BNPL) provider, has scaled back operations with a portion of its vendor network as of July…

2 months ago

A financial tool for South Africa’s gig workers left out of formal banking systems

It started with curiosity and a handful of conversations in the back seats of ride-hailing vehicles. “That’s where we noticed…

2 months ago