Posts From Fintechnews Africa
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 the expansion of Buy Now, Pay Later (BNPL) payment services in Africa. The partnership is expected to unlock new opportunities
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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 central bank to halt the implementation of a new directive mandating financial institutions to collect additional customer information, including social
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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. Despite this, they are often at the back of the line when it comes to getting quick access to credit.
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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” the most, a finding which suggests that people in these locations have the highest level of interest in the topic,
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Digitalization: Africa to Become a Top Services Outsourcing Destination in Case Productivity Gets Better
In Africa, improved productivity, increased digitalization and a rapidly expanding talent pool are laying the foundations for the continent to become a major services outsourcing destination, a new report by McKinsey and Company says. The report, released on June 05,
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Moniepoint Partners with Google Cloud in Nigeria
Google Cloud announced a new collaboration with Moniepoint, an Africa-focused business banking platform that provides financial services to Nigeria’s underbanked businesses residing in remote areas and communities. The collaboration makes financial services accessible at scale to millions of small and
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Visa Starts Africa Fintech Accelerator Program
Visa announced the launch of the new Visa Africa Fintech Accelerator program to help enable Africa’s expanding start-up community through expertise, connections, technology, and investment funding. The initiative was introduced by Visa Executive Chairman Alfred F. Kelly Jr. at Bloomberg
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Zimbabwe Issues Gold-Backed Digital Tokens Amid Plummeting Currency Value
Zimbabwe has received a total of 241 applications valued at about ZW$22 billion for the sale of its gold-backed digital tokens, data from the central bank show. The sum represents a total value of about US$11.7 million, based on rates
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Acquisitions of South African Fintech Specialist E4
A consortium led by independent private equity fund manager, Infinite Partners, has announced its acquisition of South African fintech specialist, e4. The transaction will see e4 obtain the necessary capital for advancing to the next stage of its expansion. Infinite
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SC Ventures Launches B2B Agritech Marketplace for Farmers in Kenya
SC Ventures, the fintech, investment and ventures arm of Standard Chartered, has launched Kenya-based Tawi, a B2B agritech marketplace for secure e-commerce transactions for smallholder farmers in Kenya. Tawi aims to provide farmers with a viable and consistent market, price
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