Uganda digital lending platform Numida has raised a US$12.3 million pre-Series A funding round led by Serena Williams’ venture firm…
Five African fintech startups made this year’s Fintech 250, CB Insights’ annual list of the 250 most promising private fintech…
Nigerian financial services company ProvidusBank has partnered with Mastercard, African payments infrastructure provider Interswitch, and French technology company Thales Group…
Identity verification platform iiDENTIFii has raised a US$15 million Series A funding round led by African investment company Arise, with…
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…
Fintech Challenge offers early stage and mature start-ups the potential to partner with Ecobank across 33 African countries; Applications open until…
Following a successful pilot implementation, Bank of Ghana launched now its Regulatory and Innovation Sandbox developed in collaboration with EMTECH…
Bizao, a fintech that facilitates payments for both local and international businesses operating in Africa, announces an €8 million series…
The International Finance Corporation (IFC) announced an investment in mobile money provider Wave Mobile to spur financial inclusion and support…
British International Investment (BII), the UK government’s Development Finance Institution (DFI) formerly known as CDC Group, has unveiled its new…