Archive
Fintech in Africa will Boom in 2022: Fintech News Network Launches Its 8th Publication
The Fintech News Network is pleased to announce the launch of our eighth publication; Fintech News Africa. The Fintech News Network is an industry publication covering fintech and digital news across the globe. Our readers are from established financial institutions
Read More
Ethiopian Fintech Scene Shows Great Promise as Africa’s Next Fintech Hub
Ethiopia’s large population of unbanked, the government’s current digital push, and recent finance reforms are bringing new opportunities for fintech startups and financial innovation. With more than 112 million people, Ethiopia is the second-most populous nation in Africa and is
Read More
Flutterwave Clinches Unicorn Status With US$170 Million Funding
African payments company Flutterwave announced that it has secured US$170 million during its Series C round, attaining unicorn status with a valuation of more than USD $1 billion. The round was led by growth-equity firms Avenir Growth Capital and Tiger
Read More
Citi Unveils Digitised Documentation for Cross-Border Payments
Citi has announced the launch of a new service for its institutional clients that speeds up the processing of their cross-border payments through the digitisation of supporting documents. With Citi’s new service, documents can be completed, processed and tracked digitally
Read More
Egyptian Fintech Startup NowPay Signs MOU With Export Development Bank of Egypt
Egyptian fintech startup NowPay signed a Memorandum of Understanding with the Export Development Bank of Egypt (EBE) for a credit facility to fund NowPay’s current salary advances product and future development of new products. NowPay allows corporate employees to get
Read More
Visa Supports Egyptian Fintechs With Training Programme
Egypt’s Information Technology Industry Development Agency (ITIDA) has collaborated with Visa to launch their fintech training programme for Egyptian fintech startups and entrepreneurs. The ITIDA-VISA Mentorship Programme aims to enhance cooperation in supporting entrepreneurship, encouraging startups to develop innovative fintech
Read More
Bank of Ghana Pilots Fintech Sandbox
The Bank of Ghana launched a regulatory and innovation sandbox pilot in collaboration with fintech firm EMTECH which provides cloud-based software specifically for central banks. The sandbox is a supportive and controlled policy environment that enables firms to test innovative
Read More