Kenyan lawmakers have revived the 2022 Information and Communications (Amendment) Bill, which seeks to split Safaricom, the country’s biggest telco…
On Friday, Nigeria’s Securities and Exchange Commission (SEC) issued the country’s first crypto licences to Busha and Quidax, two home-grown…
African fintechs that help companies access banking services in the U.S. and Canada are wooing founders affected by Mercury’s abrupt…
TymeBank, the South African digital bank with R4 billion ($222 million) in customer deposits, will launch in Indonesia by the…
Zone, a Nigerian blockchain-enabled payments infrastructure, has partnered with the Nigerian Inter-Bank Settlement Scheme (NIBSS) to introduce blockchain technology to…
PrivPay, a Kenyan fintech that allowed customers to make M-PESA transactions without revealing their personal details, shut down in May…
Kuda, the Nigeria-focused neobank backed by Target Global, tripled its revenue, according to its latest audited financial statements filed with…
E-commerce giant Jumia appointed Anthony Mbagwu as the managing director of its Nigerian fintech arm, JumiaPay. Mbagwu joins JumiaPay from…
Statista, a world-renowned market data provider, and CNBC, an American media company, listed seven African fintech companies—Flutterwave, Piggyvest, Kuda, MTN,…
In April, Nigeria’s central bank barred fintechs from onboarding new customers for six weeks. In that period, two of Nigeria’s…
Chinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in…
Lending is a tough nut to crack, and Nigeria’s biggest banks, valued at trillions of naira, know this too well.…
The Central Bank of Kenya (CBK) plans to issue payment licences to fintech startups soon, an important softening of an…
Prospa, the Y Combinator-backed business banking startup, is the subject of complaints and social media callouts after persistent delays in…
Safaricom, Kenya’s top mobile network, has picked Pezesha, a digital lender, to provide credit to small business owners, which will…
While the takeover of business banking startup Brass by a group of investors was widely hailed as a win by…
In recent years, a handful of Latin American fintechs have made inroads into Africa to tap into its growing digital…
Digital lending is notorious for teaching expensive lessons. While every lender will talk up their proprietary algorithms and foolproof loan…
Tanzania’s Central Bank will no longer allow unlicensed digital lenders to operate in the country and has told customers to…
One month after obtaining a court order to recover $24 million lost to unauthorised POS transactions, Flutterwave suffered another security…