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…
Chipper Cash, a pan-African fintech startup, has resumed operations in the US after a two-month pause, and after a restructuring…
Cellulant, the pan-African payments startup valued at $133 million in 2022, has named new executives three months after the CEO…
When The Peer, a Nigeria-based API startup, shut down in April, the business still had up to twenty months of…
Mastercard, the second-largest payment network in the world, has partnered with Mono, a Nigerian YC-backed open banking startup, to enable…
Bamboo is a Tiger Global-backed Nigerian investment startup that enables users to buy and trade US stocks in real-time from…
The Central Bank of Nigeria (CBN) has revoked the mobile money licence of Cellulant Nigeria, a subsidiary of one of…
Kuda Microfinance Bank, the Target Global-backed neobank, has secured payment licences in Tanzania and Canada as part of an expansion…
One week after suspending its services in America, Chipper Cash will eliminate roles based in the UK and US to…