Wabeh, a Kenyan buy-now-pay-later (BNPL) provider, paused operations with its vendor network in July, citing the need to “simplify its…
Ten African fintechs, including Interswitch, Moniepoint, M-KOPA, OPay, and PiggyVest, have been named among the world’s top 300 fintech companies…
Stitch, the South Africa-based payments infrastructure company, has acquired Efficacy Payments, a digital payments startup with direct access to the…
As mobile banking adoption surges across Nigeria, users demand faster and simpler ways to manage their money, without switching apps…
Three years after shelving its initial cross-border remittance plans, Nigerian neobank Kuda Technologies has relaunched with a multi-currency wallet that…
In the hierarchy of Africa’s fintech narrative, Francophone countries are often second placed. The Anglophone giants—Nigeria, Kenya, and South Africa—have…
As mobile banking adoption surges across Nigeria, users demand faster and simpler ways to manage their money, without switching apps…
For the first time, everyday Nigerian investors surpassed institutional investors in Q1 2024, capturing 1.1% more of capital markets investments than…
Johannesburg is a magnet for Africa’s workforce. Migrants from Zimbabwe, Nigeria, the Democratic Republic of Congo (DRC), Uganda, and beyond…
On the morning of June 19, thousands of Mukuru customers in South Africa woke up to missing funds from their…
By March 2025, Mubarak Umar had spent a year and a half working as a supplier agent for Sun King,…
For most Nigerians, the moment a bank transfer goes awry—money deducted, but no value received—the ordeal begins: emails to customer…
The Competition Authority of Kenya (CAK) has cleared Nigerian fintech Moniepoint to acquire a 78% stake in Sumac Microfinance Bank,…
Fincra, a payment infrastructure provider that serves remittance companies and businesses, has obtained a Third Party Payments Provider (TPPP) licence…
Startups on Our Radar is a bi-weekly column that spotlights new startups across Africa taking unconventional approaches, filling fundamental gaps,…
Access Holdings’ fintech subsidiary, Hydrogen, has recorded the highest profit growth among Nigerian bank-owned payment companies in the first quarter…
Africa’s cross-border payments market is projected to surge to $1 trillion by 2035, up from $329 billion in 2025, according…
Watu Holdings, a Kenyan buy-now-pay-later startup, reported a sharp 85% drop in profit to $1.2 million (KES157 million) in 2024,…
What does it really take to build a startup in Africa—from the first idea to the thousandth day? In Day…
MTN South Africa has entered the competitive payments market with MoMo Pay, a low-cost digital payment platform designed for informal…