In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s most…
Visa, the world’s second-largest card payment processor, has made strategic investments in four African startups as part of its plan…
MTN Nigeria, the country’s biggest telco, has applied for Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP)…
Bamboo, the Y Combinator-backed investment app that allows Africans to buy and trade local and international stocks, is expanding to…
M-KOPA Holding, a Kenyan startup that offers financing for smartphones and solar systems, has appointed former Nokia CEO Rajeev Suri…
Lendsqr, a startup that provides all the software companies need to start a lending business, will now offer its clients…
Okra, an open-banking startup in Nigeria, has launched Nebula, a cloud infrastructure product. It joins a growing list of homegrown…
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…
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…
Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to…
Statista, a world-renowned market data provider, and CNBC, an American media company, listed seven African fintech companies—Flutterwave, Piggyvest, Kuda, MTN,…
For the rollout of Ayra Starr’s album ‘The Year I Turned 21,’ her recordMavin made an unusual marketing…
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…
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…
While the takeover of business banking startup Brass by a group of investors was widely hailed as a win by…