Why the battle for deposits is the next fintech war

Fintechs are moving more of the Nigerian consumers' money. Now, they want the deposits to go with it.

How FairMoney’s 30M users stand against Nigeria’s oldest banks

FairMoney’s rise to 30 million registered users shows how quickly Nigeria’s financial landscape is changing. 

Circle’s Tazapay deal signals a new acquisition opportunity for African fintech

Circle’s Tazapay deal shows why stablecoin companies buy payment infrastructure, creating a new path for African fintechs to scale.

Nomba raises $3M to strengthen its cross-border payments expansion using DRC as a base

Nomba has raised $3M funding to scale its cross-border business from $480M to $1B monthly, starting with DRC, then Zambia and Uganda.

$100 billion in digital asset flows escapes Nigeria’s licensing regime

Interswitch's Akeem Lawal says $100 billion in digital assets leaves Nigeria without licences, underscoring Africa's cross-border payments gap.

Paga out, Lemmy MFB in: What LemFi’s banking shift means for African remittances

LemFi is shifting naira operations from Paga to its own entity, Lemmy MFB, as it seeks greater control.

Standard Bank targets OPay stake as fintech giant prepares for US IPO

Standard Bank is reportedly exploring a stake in OPay just as the fintech targets a US IPO.

VitalSwap CEO Akinsola Jegede on how CBN’s Form Q impacts fintechs

VitalSwap founder Akinsola Jegede breaks down the Central Bank of Nigeria's Form Q requirements, what they mean for cross-border transactions, and how fintechs must adapt.

PalmPay eyes Hong Kong IPO, joining OPay in Africa’s fintech listing race

PalmPay, the Africa-focused fintech, is reportedly preparing for an initial public offering in Hong Kong, according to Bloomberg.

Zeepay’s dedicated e-money licence revoked over unbacked balances

The Bank of Ghana has revoked Zeepay Ghana Limited’s Dedicated Electronic Money Issuer license effective immediately on July 14, 2026.  

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.

CBN revokes licences of NowNow, Sycamore, Creditville, OurPass and Casha Microfinance Banks

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks, including fintech-linked NowNow, Sycamore, Creditville, OurPass and Casha.