Broadening financial services seemed like a herculean task for banks until the spread of Fintechs began in Africa. Fintechs have created the needed motivation for banks to expand and simplify
Kenya is the continent’s second most popular investment destination, trailing only Nigeria. As of November 2022, the ecosystem funding stood at $506,686,000 spread across 63 transactions. This
Direct deposits should be a default for businesses. Its ubiquitous nature makes it more efficient than traditional deposits via banks. To fully automate transactions, South African payments and data API
PalmPay, a Nigerian fintech innovator democratizing digital payment access, has achieved compliance status with the Nigeria Data Protection Regulation (NDPR) for implementing all statutory requirements.
With the rapid growth of
Cellulant Group, a Pan-African payment technology startup based in Kenya, has received a Payments Systems Operator license from the National Bank of Uganda under the National Payments System Act, 2020,
Kuda Bank, Nigeria’s foremost mobile-only licensed neobank, is expanding to the United Kingdom to provide remittance services to Nigerians living abroad.
Babs Ogundeyi and Musty Mustapha founded the London-based
MFS Africa, a pan-African digital payments platform has been granted three licenses by the Central Bank of Uganda. With the licenses, the company will be able to broaden and deepen
Global B2B payments company, Thunes has teamed with CR2, a market leader in the digital banking and payments space. Through this partnership, CR2 clients may easily send money to more
Interswitch, Africa’s leading integrated payments, and digital e-commerce company hosted an engagement session for its customers and key stakeholders in the South-Western region of Nigeria, following its efforts to
Yabx, the award-winning Netherlands-based fintech venture, announced today its expansion into Nigeria to democratize credit access across the country through its digital lending offerings.
The lending platform for the underserved,
Becoming financially responsible is a goal people all over the world struggle with. Whether they belong to the informal class, earning very little to carter for their needs or the
MoneyFellows, an Egyptian fintech startup has secured $31 million in Germany’s CommerzVentures, Middle East Venture Partners, and Kuwait’s Arzan Venture Capital-led series B round to accelerate its exponential
