In Africa, South Africa, Nigeria and Kenya have the three most developed fintech ecosystems, combining more than 450 companies. This…
Expensya, a Tunisian-French expense management software provider, announced that it has raised $20 million in funds. The investment came from…
FIS, an American Fortune 500 company which offers a wide range of financial products and services, announced that it is…
Okra, Africa’s Open Finance API announced its $3.5m Seed raise. The round was led by US-based Susa Ventures, with participation…
Morocco is the third largest fintech hub in the Arab world, hosting 13% of all 400 active fintech solutions, or…
Egypt’s digital payments provider Paymob announced that it has secured US$15 million in a second tranche of its Series A…
Appzone, a Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has announced the close…
EFG Hermes, a financial services corporation in frontier emerging markets (FEM), announced the launch of a new partnership between its…
With a booming fintech sector, the Nigerian government and regulators are now setting the foundation for open banking, releasing regulatory…
Home to over 150 fintech companies, Kenya has one of the biggest and most developed fintech ecosystems in the African…
Tugende, a technology enabled asset finance company in East Africa, announced that it has closed $3.6 million in additional equity…
Rwanda Finance Limited (RFL), a state owned company mandated by the government, has launched the Kigali International Financial Center (KIFC).…
The Fintech News Network is pleased to announce the launch of our eighth publication; Fintech News Africa. The Fintech News…
Ethiopia’s large population of unbanked, the government’s current digital push, and recent finance reforms are bringing new opportunities for fintech…
African payments company Flutterwave announced that it has secured US$170 million during its Series C round, attaining unicorn status with…
Citi has announced the launch of a new service for its institutional clients that speeds up the processing of their…
Egyptian fintech startup NowPay signed a Memorandum of Understanding with the Export Development Bank of Egypt (EBE) for a credit…
Egypt’s Information Technology Industry Development Agency (ITIDA) has collaborated with Visa to launch their fintech training programme for Egyptian fintech…
The Bank of Ghana launched a regulatory and innovation sandbox pilot in collaboration with fintech firm EMTECH which provides cloud-based…
Fintech funding in Africa jumped 49.3% in 2020 to US$160 million. The amount was raised by 99 fintech startups, making…