Fintech News Africa

View More Posts

Latest News

South Africa Issues Draft Regulations for Digital Nomad Visa, Joining Namibia, Mauritius

South Africa is the latest country on the African continent to be jumping on the digital nomad bandwagon, joining jurisdictions

Read More

Partech Africa Closes Fund Above $300 Million and Opens Office in Lagos

Partech, the global technology investment firm, announced the final closing of its second Africa fund, Partech Africa II, at a

Read More

10X Banking Expands to Africa

10x Banking, the transformational cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, has announced a

Read More

10 African Startups Dominate 75% of Fintech Equity Africa Funding in 2023

In 2023, 75% of all equity funding secured by African fintech startups went to ten companies. These firms, which span

Read More

The E-Invoicing Exchange Summit: Harnessing Global E-Invoicing Best Practices for the Middle East

Governments and tax authorities are driving the need for businesses to adopt E-Invoicing across the globe. As more countries across

Read More

The Top Nigerian Fintech Products According to The Nigerian Tech Ecosystem Movie

On December 20, 2023, Peace Itimi, the host of Founders Connect, a YouTube show that interviews up-and-coming entrepreneurs in the

Read More

Middle Eastern and African Region Sees Neobanking Sector Picking up Steam

Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role

Read More

Fxview Spearheads Innovation in South Africa

Fxview, a leading Forex and CFD industry player operating under the Finvasia Group financial conglomerate, shakes up the financial scene

Read More

IFC Invests in New Private Equity Fund Targeting Financial Inclusion Startups in Africa and Asia

IFC announced an investment in a new fund by Apis Partners LLP, a private equity firm, to help innovative mid-cap

Read More

Yellow Card Is the First Fintech in Africa to Launch PayPal USD (PYUSD)

Yellow Card becomes the first fintech on the continent to launch PayPal USD (PYUSD). This new stablecoin from PayPal, issued

Read More

Africa’s SuperApp Gozem Goes Fintech With Acquisition of Benin

Gozem, Africa’s Super App, announced its acquisition of Moneex, an innovative Fintech app from Benin dedicated to provide global banking

Read More

Unlocking the Future of Consumer Lending with AI and Automation

With the ever-evolving landscape of financial technology, consumer lending has never been more accessible and efficient – in large part,

Read More

Oceanbase Supports Palmpay to Reduce Its Database Cost by 80%

OceanBase, an enterprise-level distributed relational database provider, announced that its database solution has been deployed and put into operation in

Read More

Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud

Temenos announced that Africa and Gulf Bank (AGB), one of the progressive banks in Sudan, has selected Temenos to modernize

Read More

Despite Growth and Potential, Fintech Development Faces Challenges in Nigeria

In Nigeria, the fintech industry has expanded well beyond payment services to now encompass a wide range of segments, including

Read More

His Excellency President Paul Kagame to Open Mobile World Capital Kigali 2023

The GSMA announced that His Excellency Paul Kagame, the President of the Republic of Rwanda, will formally open MWC Kigali

Read More

IFC Invests $50 Million into LeapFrog Emerging Market Private Equity Fund

IFC announced an investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to

Read More

Increasing Usage of eKYC in Africa

In the first half of 2023, businesses in Africa embraced digital transformation at a fast pace, fueling demand for innovative

Read More

Financial Inclusion Improves in Tanzania, Facilitated by Mobile Money

In Tanzania, financial inclusion is improving at a rapid pace, facilitated by the proliferation of mobile phones and a significant

Read More

Addpay and Wiseasy Unveil Game-Changing Android Payment Solutions

In a pivotal moment that heralds a transformative era for African fintech, cutting-edge Android payment devices are reshaping the paradigm

Read More

5 Agri-Fintech Startups from Africa to Know

In recent years, the emergence of agritech and fintech providers in East and Southern Africa (ESA) has brought about innovative

Read More

South African Insurtech Startup LeaseSurance Raised $3M Seed

LeaseSurance, a South African Insuretech platform underwritten by Bryte, has successfully raised R3million in a seed financing round led by

Read More

Blockchain-Based Payments on the Rise in Africa

Africa’s cryptocurrency market is surging on the back of booming usage of blockchain-based payments across the region. Use cases including

Read More

LemFi Raises $33 Million To Transform Financial Services For African Immigrants

LemFi (former Lemonade Finance), a Canada based fintech platform transforming financial services for immigrants, has raised a $33 million Series

Read More

Top 9 Upcoming Fintech Events in Africa

Fintech in Africa has witnessed significant growth and dynamism in recent years, driven by a combination of favorable demographic, economic

Read More

Paris Saint-Germain and Algerian Super-App Yassir Sign Global Partnership

Football club Paris Saint-Germain and Yassir, the Super-App offering on-demand and payment services in North Africa announced the signing of

Read More

Mastercard and Lipa Join Forces to Drive Financial Inclusion and BNPL Solutions in Africa

Mastercard has announced a strategic partnership with Lipa Later, a leading credit-led and technology-driven fintech. This collaboration aims to accelerate

Read More

Nigeria Legislative Body Requests Pause on Social Media KYC Requirement

The House of Representatives, one of the two Chambers that make up the Bicameral Legislature of Nigeria, has requested the

Read More

Accelerate Your SME Lending with Real-Time Approvals

Small and medium-sized enterprises (SMEs) are the foundation of the economy as they drive growth, build competition, and create jobs.

Read More

Fintech Search Queries Most Prevalent in Nigeria

Singapore, Nigeria and Hong Kong are the three locations in the world where people are searching for the term “fintech”

Read More

Popular Posts

Salt Telco’s Fintech Arm Tackles Micro Lending in Africa—And Potentially Europe

Peer to Peer (P2P) Lending Market is projected to grow at a CAGR of 51.5% from 2016 to 2022, to reach

Read More

Fintech Emerges as Kenya’s Most Prevalent Tech Startup Sub-Sector

In Kenya, fintech has emerged as the country’s most prevalent tech startup sub-sector, accounting for 30.2% of all young tech

Read More

10 Top Fintech Startups in Egypt to Keep an Eye On

As one of the most populous countries in the Middle East topped with a large unbanked population Egypt is fertile

Read More

Why Are 80% of Central Banks Looking into Digital Currencies?

In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70%

Read More

10 Insurtech Game Changers

Insurtechs enable insurance carriers to innovate much faster than they do today. Their innovative solutions dramatically improve the primary process

Read More

Why Egypt’s Fintech Boom is Inevitable

Here are a few facts about Egypt. The country is home to 100 million people, making it the most populous

Read More

Fintech to Solve Financial Exclusion in Egypt

In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of

Read More

Fintech In South Africa: A Quick Overview

Market demand for innovative products and services has been pushing fintech innovation in South Africa. In respond to the rapid

Read More

Egypt’s new national card meeza Accepted now on PayFort’s Payment Gateway

PayFort, an Amazon company, has announced that merchants using its online payment gateway will now be able to accept payments

Read More