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 record label Mavin 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…
Caantin, the Kenyan startup that was formerly called Kibanda and then TopUpMama, has led many lives. Backed by Ventures Platform…
Flutterwave, one of Africa’s leading payment companies, has secured a Mozambique payment aggregator licence in principle. This high-profile licence enables…
Kenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide…
Following important changes to Know Your Customer processes by the Central Bank, fintech startups must now physically verify the addresses…
Months after the board of the agricultural data platform Gro Intelligence replaced CEO and founder Sara Menker, the New York…
Spiro, an India-based electric vehicle company, has signed a $50 million debt financing deal with Afreximbank to expand its offering…
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…
BuuPass, a Kenyan travel booking platform backed by Founders Factory Africa and FrontEnd Ventures, has acquired its Nigeria and South…