Africa’s fintech sector is booming, fueled by soaring venture capital (VC) funding activity, rising adoption of digital financial services among…

Ivory Coast-based payments company Julaya has raised a US$5 million extension round led by European venture capital fund Speedinvest to…

The Central Bank of Kenya (CBK) announced that it has awarded licenses to 10 digital credit providers out of the…

Chat commerce platform Clickatell has partnered with the Central Bank of Nigeria (CBN) to launch a USSD channel for the…

African cryptocurrency platform Yellow Card Financial has raised US$40 million in Series B funding led by Polychain Capital. Other investors…

Brazilian payments company EBANX announced plans to expand its operations and payments solutions outside Latin America for the first time…

Flutterwave merchants can now process payments in eNaira, the Nigerian digital currency issued and distributed by the Central Bank of…

Africa is a world leader in mobile money, with Kenya and Ghana having the highest rates of mobile payment use…

African fintech companies have made significant inroads into the market over these past couple of years, with revenues reaching US$4…

Payments company Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN). The switching…

Central Bank of Nigeria’s (CBN) governor Godwin Emefiele says the second phase of the eNaira project has begun and is…