PwC’s 2022 Global CBDC Index and Stablecoin Overview has ranked Nigeria at the top of the retail leaderboard,…
Nigeria
Moove, a Nigeria and London based mobility fintech, which provides revenue-based financing to mobility entrepreneurs across Africa, has…
Flutterwave announced that it has raised USD $250 million in Series D funding, valuing the company at over…
In 2021, the momentum in Nigeria’s fintech ecosystem continued, driven by a blooming local startup scene, significant growth…
Canada-based digital transaction platform BlocPal International and its majority-owned Nigerian subsidiary PayPassage have partnered to launch a financial…
B2B ecommerce and embedded finance platform TradeDepot has raised US$110 million in a Series B equity and debt…
Specialist development agency Financial Sector Deepening (FSD) Africa is set to be launching its insurtech accelerator program in…
African fintech hubs have grown rapidly in the past few years, leading to pockets of fintech development across…
Fintech companies in Nigeria are at the forefront of Africa’s fintech revolution, and many of them have turned…
Nigeria-based SME lending startup Payhippo has secured US$3 million in a seed funding round, according to a statement…
In the context of digital banks in Africa, two challenger banks have clearly made their mark. One of…
Nigeria officially rolled out its central bank digital currency (CBDC), the eNaira, on October 25. This makes it…
MSME lending startup Asante Financial Services Group announced that it has raised US$7.5 million in the first tranche…
Africa is seeing a rush of funding for its fintech sector, and some companies have already emerged as…
Lagos-headquartered open banking startup Mono has raised US$15 million in a Series A. The round was led by…
Verto, a Nigeria-based B2B payments startup, has raised US$10 million in a Series A round of funding according…
Nigeria-based energy distribution and collection fintech startup Infibranches Technologies has secured US$2 million in a funding round raised…
Central bank digital currencies, or CBDCs, are not a new concept to Africa. Multiple CBDC projects in Africa…
SME banking fintech Prospa has raised US$3.8 million in the largest pre-seed round to have been raised by…
Nigerian mobile payments platform OPay has raised US$400 million in funding from SoftBank, Bloomberg reported. The investment was…