Kora, the payment infrastructure platform, has joined the International Air Transport Association’s IATA Financial Gateway (IFG), connecting global airlines to Africa’s payment ecosystem through a single, reliable infrastructure layer. IATA Financial Gateway is the airline industry’s dedicated payment orchestration and management platform. IFG brings together global, regional and local payment partners to provide airlines with the right mix of payment options to maximize acceptance, reduce cost, and better serve customers in every market. Through this integration, airlines and travel agencies using IFG can now accept payments across Africa via Kora, including cards, bank transfers, mobile money, and local alternative payment…

JustMarkets, the globally recognized leading trading platform and broker chosen by more than three million traders across 160+ countries, has been awarded the title of Most Innovative Broker at Finance Magnates Africa Summit 2026, held at the Cape Town International Convention Centre. The recognition marks the second consecutive year JustMarkets has received this award, following its 2025 win in the same category. The FMAS award is granted to brokers who demonstrate measurable progress in trading technology, product development, and client experience within the African market. Receiving it in back-to-back years reflects sustained commitment rather than a single standout effort –…

Velmie, a digital banking system integrator and delivery partner for regulated fintech programs, announced a partnership with Flot, an emerging fintech initiative building a next-generation neobank for consumers and businesses across Africa. The collaboration reflects growing demand from EMI platforms, payment institutions, and fintech operators across African and Middle Eastern markets for scalable digital banking infrastructure capable of supporting faster launches, localized payment integrations, and long-term operational scalability in regulated environments. The Challenge: EMI Platform Complexity As fintech adoption accelerates across Africa, EMI operators continue to face increasing complexity around payment integrations, mobile money connectivity, compliance workflows, and production-grade digital…

The African retail landscape is undergoing a dramatic transformation. As a business scales and the payment ecosystem becomes more intricate, the volume of data becomes growingly complex. Yet, for many retailers, the “back-office” hasn’t kept pace. The gap between a successful sale and seeing that reflect in the bank is where risk lives—it is clear that manual reconciliation is not a viable strategy. Traditional reconciliation for retailers has long been a “detective work” exercise. Finance teams often spend days matching till slips to fragmented banking records-a process highly prone to human error. This complexity leads to a “domino effect” of…

Pocket Option, a leading online trading platform specializing in forex, stocks, and quick trades. Recently, the broker has been transforming the trading landscape with its advanced artificial intelligence (AI) integrations. In a sleek app, Pocket Option delivers powerful, institutional-level AI tools directly to retail traders. This cutting-edge AI tool makes sophisticated analysis accessible without costly software or expert teams. Pocket Option’s AI feature is designed to enhance safety and reduce risks for beginner traders. It provides an optimized performance through data-driven insights. Highlights include: AI Trading Mode: A simple one-click feature that analyzes real-time market data, including price action, key…

Velmie, a digital banking technology partner supporting financial innovation across Africa, together with Metro Cable, announced the outstanding success of Vult, Sierra Leone’s fast-growing super app that has transformed access to financial services across the country. Powered by Velmie’s modern digital banking core, Vult surpassed 475,000+ active users including both individuals and merchants within its first 12 months of launch, marking one of the most significant fintech growth stories in West Africa. To celebrate this achievement and share learnings with the African fintech community, Velmie and Metro Cable will host a live panel discussion on December 11. The webinar will…

Seeds & Pennies, the retail lending subsidiary of Liberty Assured, has announced the successful raise of $1.1 million (N1.7 billion) in debt funding. This capital injection fuels the company’s mission of delivering inclusive credit to underserved Nigerians—especially women-led microbusinesses—and introduces new Buy Now, Pay Later (BNPL) products focused on asset acquisitions for MSMEs, mobile device financing, and a ‘Rent Now, Pay Later’ service in pilot phase. The funding round, capped by a recent $425,000 (N680 million) inflow, underscores investors’ confidence in Seeds & Pennies’ field-driven lending model. Over this quarter alone, the fast-growing lender recorded $625,000 (N1 billion) in collections…

Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial super app. The launch marks a significant milestone in Velmie’s strategic mission to accelerate digital transformation for financial institutions across Africa. Deployed in partnership with Metro Cable, the country’s foremost fiber broadband provider, Vult is already seeing rapid user adoption and is reshaping how Sierra Leoneans engage with financial services. The platform integrates mobile money, card payments, banking services, and bill payments into one seamless and secure user experience — all powered by Velmie’s banking technology. “Africa is one of…

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) have indisputably reached the pinnacle of trading platform popularity, enthralling traders worldwide, including Nigeria’s expanding financial landscape. These digital behemoths, born from the fertile imagination of MetaQuotes Software, have become important tools for both newcomers and seasoned market veterans. Their powerful combination of accessibility and intelligence has made them ideal assets for any trader looking to navigate Nigeria’s complicated and dynamic financial scene. Keep reading to learn all about these convenient apps. User-Friendly Interface and Accessibility In addition to being trading platforms, the MetaTrader 4 app(MT4) and MetaTrader 5 (MT5) act as virtual financial…

Fxview, a leading Forex and CFD industry player operating under the Finvasia Group financial conglomerate, shakes up the financial scene in South Africa with its innovative product suite. In a strategic initiative to expand its outreach in the African region, the multi-asset brokerage continues its pursuit of excellence in South Africa’s ever-evolving financial landscape. South Africa, a growing financial hub South Africa has emerged as a country with one of the most vibrant Forex and CFD trading communities. Recent data show that the trading population is relatively young, with the average age ranging between 25 and 44. The majority of…

OceanBase, an enterprise-level distributed relational database provider, announced that its database solution has been deployed and put into operation in the core IT systems of PalmPay, a leading fintech platform in Africa. PalmPay, the first Africa-based customer to adopt OceanBase, has transitioned its accounting, transaction, payment, and billing systems to OceanBase Cloud. This cloud-based database service not only boosts the performance of PalmPay’s database infrastructure, but also provides advanced capabilities like efficient data compression, distributed expansion, financial-grade disaster recovery in multi-availability zones, and streamlined unitised deployment support. Additionally, OceanBase’s comprehensive operation platform significantly improves the efficiency of PalmPay’s day-to-day database…

In a pivotal moment that heralds a transformative era for African fintech, cutting-edge Android payment devices are reshaping the paradigm of in-store and forecourt transactions. These technologically advanced devices, meticulously crafted and supplied by Wiseasy, bear the AddPay brand, setting a sensory benchmark when compared to the prevailing, mundane grey digital screens found in most commercial establishments. AddPay, in collaboration with Wiseasy, is not merely introducing payment terminals; they are presenting powerful platforms and solutions, that empower our valued clients to tailor these devices to their exacting specifications. The potentialities are boundless. While core functions include card acceptance, these devices…

South Africa’s informal market is a space that is well understood by South African fintech, Lesaka Technologies, a champion of financial inclusion, steadily building a leading position in these fast growing, previously underserved markets. GG Alcock, who coined the term Kasinomics to describe the township economy, is one of the few voices giving insights into the economics that underpin the informal market in South Africa. The lack of research on the township economy estimated to employ 17% of South Africa’s population and contribute more than R300 billion to the country’s GDP is in itself an indication that an opportunity looms…

Naked — a South Africa based insurtech company that offers a new, fully digital way for consumers to insure their cars, homes, and valuables — has announced that it has raised US$17 million (about R290 million) in Series B Funding. International Finance Corporation (IFC) – a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets – is leading the funding round. The German Development Finance Institution (DEG), and Naked’s original investors, Yellowwoods and Hollard are also taking part in the funding round. IFC and DEG are both backing Naked…

SC Ventures, Standard Chartered’s fintech investment and ventures arm has entered into a Memorandum of Understanding (MOU) with Yabx, a company incubated by Comviva and part of the Mahindra Group, to address a deep-rooted need for responsible consumer finance in Africa. Africa has over 700 million mobile wallets, and about 450 million bank accounts but access to formal credit remain severely constrained due to poor credit infrastructure and the slowly evolving risk appetite of financial services players, especially traditional banks. The COVID-19 pandemic has accelerated digitization in the financial sector and created a fertile environment for new and disruptive products…

During the U.S-Africa Business Forum, Visa announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, and inclusive economies across the continent. Visa’s expanded investments demonstrate the company’s long-term commitment to Africa’s growth potential and will help enable greater access to digital payments as an entry point for expanding formal financial services for individuals and merchants. Visa Chairman and CEO Alfred F. Kelly, Jr. outlined the pledge during the US-Africa Business Forum, alongside the US-Africa Leaders Summit in Washington, DC. The pledge will further scale Visa’s operations in Africa, and deepen collaboration…

Flutterwave  announced that it has raised USD $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. Flutterwave has become the highest valued African start-up with this investment. It is a validation of African talent, innovation and its young inspiring people. It is also a huge endorsement in the growth of the business, innovation and technology landscape in Africa. Flutterwave’s latest backers include some of the world’s most respected investors led by B Capital Group, and with participation from Alta Park Capital,…

Yo-Uganda Limited (“Yo!”), a 16-year-old leading financial technology solutions provider based in Kampala, Uganda, has announced a new grant partnership with the United States African Development Foundation (USADF) to roll out Mastercard Farmer Network – a digital agriculture solution that digitizes marketplaces, payments and workflows within the agriculture sector. The platform provides a digital marketplace for buyers who are looking for sustainable sources of quality produce at favourable market prices and a place for small-holder farmers to access reliable markets and fair prices. USADF supports African-led community enterprises by providing seed capital and technical support. The grant partnership will provide…

ENPO, one of the largest and oldest postal, financial and governmental service providers in the Middle East, has an extensive services portfolio supporting over 30 million registered as well as walk-in customers. ENPO has an extensive network of 4,000 branches as well as thousands of Points of Sale (PoS) and channels such as iPost, Post Express, Post Cars and field officers with hand-held devices. ENPO provides financial services, including current and savings accounts, instant remittances, electronic collection with notification services, which are geared towards both retail and corporate customers and are available via an in-branch teller services window. Furthermore, ENPO…

Startupbootcamp alongside Pride Capital announced its maiden venture into Egypt with its accelerator programme ” Startupbootcamp-Pride Fintech Cairo”. The accelerator programme roped in big partnerships with the likes of IFC, VISA , Alexbank Pharos Capital and many more. Ranked by Forbes as one of the top ten 10 accelerators in the world, Startupbootcamp is a famed accelerator which counts over 22 programmes across the global — many of which are fintech focused. Fintechs participating in the programme can expect to gain access to mentors, an office in the heart of Cairo anda three-month Proof-of-Concept phase to scale their products in…