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TOP PAYMENT AND ECOMMERCE TRENDS IN AFRICA
Various

Top Payment and Ecommerce Trends in Africa 2022

Fintechnews Africa2 January 2022

Although there is vast potential for ecommerce in Africa just by sheer market size, the ecommerce sector is currently concentrated…

Pipit Global Expands to 12 African Markets with Cellulant
Various

Pipit Global Expands to 12 African Markets With Cellulant

Fintechnews Africa22 December 2021

UK-headquartered global cash payments platform Pipit Global and pan-African payments company Cellulant have extended their partnership agreement to include eighteen…

most popular fintech startups in South Africa 2021
South Africa

The 5 Most Popular Fintech Startups in South Africa 2021

Fintechnews Africa20 December 2021

South Africa is one of the top hubs for fintech, with several fintech startups in South Africa dominating headlines in…

Fintech Digest Mubadala is optimistic about crypto investments
Various

Fintech Digest: Mubadala Remains Optimistic About Crypto Investments

Fintechnews Africa19 December 2021

Abu Dhabi’s sovereign wealth fund Mubadala has made investments in the crypto ecosystem amidst its growing value, Reuters reported. “This…

Superapp SafeBoda Becomes First Startup to Be Backed by Google’s US$50m Africa Investment Fund
Uganda

Google’s US$50m Africa Investment Fund Invests in Superapp SafeBoda

Fintechnews Africa19 December 2021

Uganda-headquartered superapp SafeBoda has become the first company to receive funding from Google’s US$50 million Africa Investment Fund. The undisclosed…

Nigeria

BlocPal and PayPassage Launch “Phygital” Financial Services Marketplace in Nigeria

Fintechnews Africa19 December 2021

Canada-based digital transaction platform BlocPal International and its majority-owned Nigerian subsidiary PayPassage have partnered to launch a financial services marketplace…

Tyme fetches US$70 million Series B round from Tencent and CDC
South Africa

Tyme Picks Up US$70 Million Series B From Tencent and CDC

Fintechnews Africa14 December 2021

Singapore-headquartered challenger bank Tyme has closed a US$180 million Series B round with fresh infusions from Tencent and CDC. The…

Watch out for these 5 fintech events in Africa in H1 2022 (1)
Various

Watch Out for These 5 Fintech Events in Africa in H1 2022

Fintechnews Africa13 December 2021

Fintech events in Africa can be centres of crucial conversation, considering the traction that the sector has gained in the…

Fintech Digest South Africa gears up for new crypto regulatory framework
Various

Fintech Digest: South Africa Gears up for New Crypto Regulatory Framework

Sharon Lewis12 December 2021

South Africa will be launching a new regulatory framework for cryptocurrencies in early 2022 (Bitcoin.com). The country’s Financial Sector Conduct…

Identity solutions provider Entersekt raises funding from Accel-KKR for expansion
South Africa

Identity Solutions Provider Entersekt Raises Funding From Accel-KKR

Fintechnews Africa12 December 2021

Cape Town-headquartered device identity and authentication solutions provider Entersekt has bagged an investment from Accel-KKR. According to a statement, the investment…

Arab Bank wraps up first edition of Egypt fintech bootcamp (1)
Egypt

Arab Bank Wraps Up First Edition of Egypt Fintech Bootcamp

Fintechnews Africa8 December 2021

Arab Bank Egypt has concluded the first edition of its fintech bootcamp for Egyptian startups, with cash funding provided to…

TradeDepot Secures US$110m to scale BNPL service to 5 million retail SMEs
GhanaNigeriaSouth Africa

TradeDepot Secures US$110m to Scale BNPL Service to Retail SMEs

Fintechnews Africa6 December 2021

B2B ecommerce and embedded finance platform TradeDepot has raised US$110 million in a Series B equity and debt funding round.…

Various

Fintech Digest: Saudi Arabia’s Fintech Space Grows With 16 New Licenses

Fintechnews Africa5 December 2021

Saudi Arabia’s fintech sector has broadened, with licenses issued to 16 new fintech companies during the third quarter of this…

7 Africa-based crypto exchanges you should know (1)
Various

7 Africa-Based Crypto Exchanges You Should Know

Fintechnews Africa1 December 2021

As good news for Africa-based crypto exchanges, crypto has emerged as one of the top fintech trends across Africa this…

Tanzanian Fintechs Struggle With Unclear Regulation, Limited Funding, Lack of Talent
Tanzania

Tanzanian Fintechs Struggle With Unclear Regulation, Limited Funding, Lack of Talent

Fintechnews Africa29 November 2021

Although the fintech ecosystem in Tanzania has developed rapidly over the past decade, it remains nevertheless small and nascent with…

Tanzania to soon have a central bank digital currency (2)
Tanzania

Tanzania to Soon Have a Central Bank Digital Currency

Fintechnews Africa29 November 2021

The Bank of Tanzania, the country’s central bank, has announced plans to introduce its central bank digital currency, Bloomberg reported.…

Fintech Digest Over 90% of Nigeria’s startup funding this year came from fintech
Various

Fintech Digest: 90% Of Nigeria’s Startup Funding Came From Fintech

Fintechnews Africa28 November 2021

Nigeria’s startup funding reached approximately US$417.5 million in nine months, and a lion’s share of this came from fintech (Punch).…

Investor Appetite Strong for Seed Stage Deals in Africa-min
Various

Investor Appetite Strong for Seed Stage Fintech and Crypto Deals in Africa

Fintechnews Africa24 November 2021

In today’s funding update, a crypto exchange, a fintech API platform and an MSME lender have raised seven-figure investment rounds…

FSD Africa to launch BimaLab insurtech accelerator in Ghana and Nigeria
GhanaNigeria

FSD Africa to Launch BimaLab Insurtech Accelerator in Ghana and Nigeria

Fintechnews Africa23 November 2021

Specialist development agency Financial Sector Deepening (FSD) Africa is set to be launching its insurtech accelerator program in Ghana and…

6 Biggest African Fintech Hubs Take the Spotlight (1)
EgyptGhanaKenyaNigeriaSouth AfricaUganda

6 Biggest African Fintech Hubs Take the Spotlight

Fintechnews Africa23 November 2021

African fintech hubs have grown rapidly in the past few years, leading to pockets of fintech development across the continent.…

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