Airtel Africa’s mobile money business has amassed US$200 million for its Airtel Mobile Commerce BV (AMC BV) from Qatar Holding,…
South African AI-based insurtech company Naked has clinched an investment of US$11 million, the company announced today. The investment was…
The African fintech space is undergoing a phase of radical growth, as speakers at The Search – Africa Stop 1…
Cairo-based CreditFins, a credit card management fintech, has raised an undisclosed amount in pre-seed funding, the company announced. The round…
Yoco, a payments and software company from South Africa, has raised US$83 million in a Series C funding round, the…
Key developments in the Egyptian startup ecosystem have led to a renewed appetite for growth in the space, and for…
Ethiopia-based Dashen Bank has partnered with Singapore-headquartered cross-border payments platform Thunes to increase the ease of sending international payments to…
Tanzania-based Cellulant Corporation has received approval to operate as a Payment Solution Service Provider (PSSP) from the Bank of Tanzania.…
FairMoney, a Nigerian neobank with a credit-led model, announced that it had raised US$42 million in a Series B funding…
Ghana International Bank (GHIB), a UK-headquartered pan-African bank, announced that it has partnered with engagement banking technology provider Backbase. The…
Ghanaian digital wallet Zeepay announced completion of a US$ 7.9 million Series A funding that is a hybrid of both…
Cameroon’s nascent fintech industry is gaining traction this year, a trend reflected by rising digital financial services adoption, considerable funding…
AAR Insurance has inked a deal with telecommunications provider Safaricom to roll out new technology infrastructure based on the Amazon…
Standard Bank and Microsoft announced a strategic partnership to accelerate its digital transformation. The bank’s growing investment in the Microsoft…
Ireland’s digital banking platform provider, Layer has announced that it is partnering with United Bank for Africa (UBA) to fuel…
The International Finance Corporation (IFC) launched its DigiLab Finance training and support programme to increase financial inclusion as well as…
Over the past year, Latvia, Zimbabwe and Israel have witnessed the highest surge in fintech interest worldwide, an analysis by…
Despite strong mobile phone penetration and high mobile broadband connectivity, fintech development in Algeria is still underwhelming compared to other…
Digital payments company Mondia Pay and mobile money service M-Pesa have partnered to allow Tanzanians to conveniently access Mondia’s suite…
Global Partnership, an international consortium, has been awarded a license to operate telecommunications services in Ethiopia from 2022 onwards. Reuters…