Global payments startup Adyen acquires Orb to provide billing software for enterprises

Adyen, a global payments company, has announced plans to buy Orb, a company that provides billing software for large businesses.

Payaza expands to Australia and New Zealand to tap cross-border trade corridors

Nigerian fintech Payaza has launched in Australia and New Zealand after securing key regulatory approvals.

PayPal’s Xoom partners with Flutterwave to speed up money transfers to Nigeria

Xoom, a money transfer service owned by PayPal, has partnered with Flutterwave to enable users to send money directly to Nigerian bank accounts.

Why Gigbanc lost Africa’s cross-border payments race

Despite raising over $1 million and onboarding over 150,000 customers, the fintech is shutting down due to high infrastructure and compliance costs.

Shiprazor, Oze, Regxta and 12 others  get funding from Renew Capital

African early-stage investment firm Renew Capital has selected 15 companies for investment through its inaugural venture lab, EmFi Series.

Vercel acquires Ethiopian-founded Better Auth 

Vercel has acquired Ethiopian-founded Better Auth for an undisclosed amount, bringing founder Bereket Engida and his team onboard to accelerate secure identity infrastructure for AI agents.

Why Tether, Circle and Ripple are betting on African fintechs

Global stablecoin issuers are betting on the continent's biggest fintechs to drive distribution.

YC alum Timon gets funding and expands into Kenya after crossing 100,000 users

After reaching 100,000 users, Timon has secured funding from Alliance and launched in Kenya, betting on stablecoins to power cross-border travel payments for Africans.

Morocco’s biggest bank launches instant homeward transfers

Attijari Transfer facilitates instant transfers to Moroccan bank accounts.

The tech startups solving problems in Nigeria’s Delta State

While Lagos continues to dominate Nigeria's startup ecosystem, innovation is beginning to take root in the country's oil-rich Delta State.

Nigeria targets Big Tech, AI firms over AI training data

The companies are being investigated over allegations of unfair market dominance and the use of copyrighted materials to train AI models.

FoodCourt’s shutdown is a reminder of how hard the food business really is

Demand alone isn’t enough in food tech. Here is why tech-enabled food businesses struggle in Nigeria.