On the morning of June 19, thousands of Mukuru customers in South Africa woke up to missing funds from their…
Chpter, the Kenyan software startup building infrastructure for social commerce, has expanded into 11 more African countries through a deal…
The Competition Authority of Kenya (CAK) has cleared Nigerian fintech Moniepoint to acquire a 78% stake in Sumac Microfinance Bank,…
Watu Holdings, a Kenyan buy-now-pay-later startup, reported a sharp 85% drop in profit to $1.2 million (KES157 million) in 2024,…
Three Kenyan startups—Roam Electric AB, M-KOPA Holdings Ltd, and Victory Farms Ltd—have been named among Africa’s fastest-growing companies in the…
Onafriq, a pan-African digital payments network, has named Simon Black as chair of the board of its UK holding company…
Nigerian lending software startup, Lendsqr, is building an artificial intelligence model that analyses borrowers’ voices and faces to determine if…
Digital lender Tala has laid off 28 employees from its customer operations team, citing a reduced workload due to fewer…
Moniepoint, the Nigerian fintech unicorn, has launched Monieworld, its remittance product that allows UK residents to send money directly from…
A former executive at Kuda, one of Nigeria’s leading fintech startups, has filed a lawsuit at an employment tribunal in…
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…