Statista, a world-renowned market data provider, and CNBC, an American media company, listed seven African fintech companies—Flutterwave, Piggyvest, K
Read MoreFor the rollout of Ayra Starr’s album ‘The Year I Turned 21,’ her record label Mavin made an unusual marketing choice: adverts on the food delivery a
Read MoreIn April, Nigeria’s central bank barred fintechs from onboarding new customers for six weeks. In that period, two of Nigeria’s biggest fintechs—Opay a
Read MoreChinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in thirty listed banks as
Read MoreThe Central Bank of Kenya (CBK) plans to issue payment licences to fintech startups soon, an important softening of an earlier stance that will open u
Read MoreProspa, the Y Combinator-backed business banking startup, is the subject of complaints and social media callouts after persistent delays in processing
Read MoreWhile the takeover of business banking startup Brass by a group of investors was widely hailed as a win by the tech ecosystem, it also entailed a rest
Read MoreCaantin, the Kenyan startup that was formerly called Kibanda and then TopUpMama, has led many lives. Backed by Ventures Platform and DFS Labs, Kibanda
Read MoreFlutterwave, one of Africa’s leading payment companies, has secured a Mozambique payment aggregator licence in principle. This high-profile lice
Read MoreKenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide the specifi
Read MoreFollowing important changes to Know Your Customer processes by the Central Bank, fintech startups must now physically verify the addresses of POS agen
Read MoreMonths after the board of the agricultural data platform Gro Intelligence replaced CEO and founder Sara Menker, the New York and Nairobi-based company
Read MoreSpiro, an India-based electric vehicle company, has signed a $50 million debt financing deal with Afreximbank to expand its offering in its existing m
Read MoreTanzania’s Central Bank will no longer allow unlicensed digital lenders to operate in the country and has told customers to look out for valid l
Read MoreOne month after obtaining a court order to recover $24 million lost to unauthorised POS transactions, Flutterwave suffered another security breach tha
Read MoreChipper Cash, a pan-African fintech startup, has resumed operations in the US after a two-month pause, and after a restructuring exercise that saw the
Read MoreBuuPass, a Kenyan travel booking platform backed by Founders Factory Africa and FrontEnd Ventures, has acquired its Nigeria and South Africa-based com
Read MoreKuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank of Nigeria after the
Read MoreWhen The Peer, a Nigeria-based API startup, shut down in April, the business still had up to twenty months of runway. The shutdown, which its founders
Read MoreOkra, an open finance startup, is one of the few Nigerian API services that provides real-time access to financial data. The startup has raised a tota
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