News

Nigerian neobank Kuda eyes global reach with new licenses

Kuda Microfinance Bank, the Target Global-backed neobank, has secured payment licences in Tanzania and Canada as part of an expansion…

1 year ago

Breaking: Chipper Cash cuts US and UK-based roles after suspending US operations

One week after suspending its services in America, Chipper Cash will eliminate roles based in the UK and US to…

1 year ago

Crackdown on unlicensed companies cuts digital creditors in Kenya to 51

Before consumer protection laws were passed, any lender could run a digital credit business. Kenya has approved the operation of…

1 year ago

Flutterwave appoints former CBN director as board chair

Flutterwave, Africa’s most valuable startup, has appointed Dipo Fatokun, a former director at the Central Bank of Nigeria (CBN), as…

1 year ago

Fintech giant Interswitch eyes telecoms market with $1 million MNVO license

Interswitch, the Visa-backed Nigerian payments giant that reported $42 million in revenue for its financial year ended March 31, will…

1 year ago

Exclusive: Bilha Ndirangu sues IFC-backed Africa’s Talking over removal as director

Bilha Ndirangu, a former director of the IFC-backed Africa’s Talking, is suing the company she cofounded for unlawful termination of…

1 year ago

Interswitch seeks PSB license following merger with M-Kudi

Interswitch, the Visa-backed Nigerian payments giant, has merged with M-Kudi, a mobile money provider, as it seeks a payment service…

1 year ago

Flutterwave’s COO leaves fintech giant after several other high-profile exits

Flutterwave’s chief operating officer, Bode Abifarin, has left Africa’s largest startup after six years of leading the startup’s operations, in…

1 year ago

Kippa users demand access to data as the fintech quietly pivots

For Lanre*, a Lagos-based businessman, the past month has been a nightmare. Unable to access customer data, which he has…

1 year ago

With ₦1.1 Trillion in transactions, Firstmonie is the biggest bank-led agency banking service

Firstmonie, the agency banking arm of First Bank of Nigeria, is the biggest bank-led agency player in the country’s agency…

1 year ago

Exclusive: Fintech giant Flutterwave secures release of $3 million in Kenya

A Kenyan high court has unfrozen $3 million belonging to fintech giant Flutterwave and two of its associates, ending a…

1 year ago

Leatherback CEO Ibrahim Ibitade wants to move on after EFCC debacle

Ibrahim Ibitade, the CEO of Leatherback, a cross-border payments startup that operates in seven countries, is ready to move from…

1 year ago

Leatherback CEO Ibrahim Ibitade sues EFCC for defamation after he was wrongly declared wanted

Ibrahim Ibitade, the CEO of Leatherback, a cross-border payments startup that operates in seven countries, is suing Nigeria’s Economic and…

1 year ago