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Frozen Bank Accounts and Leaked Bills: Your Weekly Africa Fintech News Digest
Last week was a big one for Africa fintech news, especially in Nigeria. The country’s fintech sector made it to the headlines, not once but twice. And both times were pretty scandalous. Meanwhile, the wider Africa fintech ecosystem also saw
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Africa-Focused Fintech Pngme Gathers US$15 Million Series A
Africa-focused fintech Pngme has secured US$15 million in Series A round of funding, the San Francisco- and Sub-Saharan Africa-based company has announced. The funding comes within a year of the startup’s US$3 million seed round. London-based VC fund Octopus Ventures
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More Winners Added to The Search Africa by ADGM
After its first stop of The Search – Africa, the global startup roadshow by the Abu Dhabi Global Market (ADGM) moved across the UK and Central Europe, before returning for its second leg in Africa. This second edition featured six
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QIA Infuses US$200 Million Into Airtel Africa’s Mobile Money Business
Airtel Africa’s mobile money business has amassed US$200 million for its Airtel Mobile Commerce BV (AMC BV) from Qatar Holding, Airtel Africa announced. Qatar Holding is an affiliate business of Qatar Investment Authority (QIA). Of the total investment amount, US$150
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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
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3 Swiss Fintech Startups Targeting South Africa
3 Swiss fintech startups namely 4bridges, AgFlow and e-traid (e-commerce) were among the startups chosen to be a part of the Swiss Venture Leaders South Africa team. The selection process for this year was so competitive that the programme included
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3 Barriers European Fintechs Face Around Working with Refugee Populations
Refugees in Europe are struggling to access basic financial services, and though this would have typically represented an opportunity for fintechs, companies in the space are facing major barriers that are hampering their ability to adequately serve these underbanked populations,
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One of Forbes’ Top 10 Accelerators Will Launch a Fintech Programme in Egypt
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
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Salt Telco’s Fintech Arm Tackles Micro Lending in Africa—And Potentially Europe
Peer to Peer (P2P) Lending Market is projected to grow at a CAGR of 51.5% from 2016 to 2022, to reach $460,312 million by 2022. With a decade’s experience handling mobile money solutions under their belt, a thoughtful and agile expansion
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United Bank For Africa To Launch Chat Banking On Whatsapp In Nigeria
n a first for Nigeria, customers of United Bank for Africa can now conduct their favorite banking activities in a secure and convenient manner, by communicating with their bank in a verified WhatsApp chat. This capability is made possible through
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