A South African fintech firm LULA has been granted million (approximately $21 million) in funding allocated by the Dutch entrepreneurial development bank FMO, which is a major boost to small
The People's Own Savings Bank, popularly known as (POSB) has decided to create a strategic partnership with Mastercard to launch POSB Remit Outbound to serve as an innovative
The CEO of Lesaka Southern Africa, Lincoln Mali, looks forward to the South African Reserve Bank (SARB) opening the payments market to non-banking players.
Mali mentioned all this after the
In the past year, identity theft has skyrocketed – a worldwide trend that has not gone unnoticed by the public. A report from earlier this year showed that consumers are looking
Through the Southern Africa Innovation Bridge Portal initiative, the World Bank has provided financial support to ten fintech start-ups. This initiative has created an opportunity for underserved communities, which are
Nigeria’s fintech startup ecosystem has achieved a remarkable milestone with the inclusion of eleven Nigerian fintech startups in the finals of the AWS Fintech Africa Accelerator cohort. Out of
Africa has recently emerged as a central hub for the ongoing digital revolution. Digital payments in the region alone accounted for roughly two-thirds of global value in 2022. According to
Payday, a Rwandan-born Pan-African neobank issuing global payments accounts denominated in USD, EUR, and GBP to Africans, has announced a $3 million seed round to drive its “future of work”
Cross Switch Ghana LTD, a Ghanaian fintech startup, and its parent company, Cross Switch International S.A.R.L., have announced that Cross Switch Ghana LTD has received approval from
Companies, both inside and outside the tech sector, are constantly looking to improve their offerings. Developing safe payment mechanisms is one of the most important changes companies can make, in
Flutterwave, a pan-African payments technology firm, announced its entry into North Africa yesterday with the acquisition of payment licenses in Egypt. These licenses, the Payment Services Provider and Payments Facilitator
Since tech startups took the center stage in Africa in the last decade, fintech startups have effortlessly exacted their dominance with superior performance year after year. In 2022 for instance,
