In the context of digital banks in Africa, two challenger banks have clearly made their mark. One of these is…
Nigeria officially rolled out its central bank digital currency (CBDC), the eNaira, on October 25. This makes it the first…
A new study has found that governments in six African countries have been spying on citizens through the use of…
MSME lending startup Asante Financial Services Group announced that it has raised US$7.5 million in the first tranche of its…
Global consumer financing app Tala has raised US$145 million in a Series E round, the startup announced recently. The funding…
This week marked a new win for digital banks in Nigeria. Neobank Sparkle raised US$3.1 million in a seed round…
Sudan-based ecommerce platform alsoug has closed a US$5 million (SDG 2.2 billion) fundraise, according to an announcement. The company is…
Africa is seeing a rush of funding for its fintech sector, and some companies have already emerged as the continent’s…
Lagos-headquartered open banking startup Mono has raised US$15 million in a Series A. The round was led by Flutterwave’s backer…
In last week’s MEA fintech news, the Central Bank of Nigeria (CBN) has once again hinted that it will be…
In last week’s MEA fintech news, mobile money took centre stage once again in the African continent. Meanwhile, UAE sees…
Verto, a Nigeria-based B2B payments startup, has raised US$10 million in a Series A round of funding according to reports.…
The development of Africa’s top fintech hubs is closely connected with how robust its regulatory landscape is, a new report…
Yo-Uganda Limited (“Yo!”), a 16-year-old leading financial technology solutions provider based in Kampala, Uganda, has announced a new grant partnership…
Three Egyptian banks will be launching an Egypt fintech fund of EGP 1 billion (US$63.6 million) to support fintech companies…
Cryptocurrency exchange Yellow Card, which has a pan-African presence, has secured US$15 million in a Series A round. This is…
In last week’s MEA fintech news, it’s all eyes on crypto trading in the UAE – approvals for crypto trading…
Nigeria-based energy distribution and collection fintech startup Infibranches Technologies has secured US$2 million in a funding round raised from All…
Egypt-focused B2B2C payments platform dopay has secured US$18 million in a Series A funding round, the company announced in a…
Global cross-border payments company Thunes has announced a partnership with M-Pesa Tanzania to launch a new service corridor, a statement…