fintech

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 day 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…

4 days 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…

5 days 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…

5 days 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 weeks 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 weeks 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 weeks 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 weeks 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 weeks 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 weeks ago

South African fintech startups to watch in 2025

South Africa’s fintech space is one of the most developed in Africa. It makes up nearly 40% of the continent’s…

3 weeks ago

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…

4 weeks 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…

4 weeks 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…

1 month 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…

1 month 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…

2 months 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…

2 months 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…

2 months 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…

2 months 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…

2 months ago