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…
Kuda Bank, Moniepoint, OPay and Palmpay have paused account opening for new customers following a directive from the Central Bank…
When The Peer, a Nigeria-based API startup, shut down in April, the business still had up to twenty months of…
Okra, an open finance startup, is one of the few Nigerian API services that provides real-time access to financial data.…
Mastercard, the second-largest payment network in the world, has partnered with Mono, a Nigerian YC-backed open banking startup, to enable…
Roam, a Kenyan-based electric mobility company, has secured a partnership with Mogo, an asset financier in East Africa, to boost…
The Central Bank of Nigeria (CBN) has revoked the mobile money licence of Cellulant Nigeria, a subsidiary of one of…