Cross-border payment startup, Chimoney, shuts down after raising only $1 million in four years

After four years and less than $1 million raised, cross-border payment startup Chimoney is shutting down. The company’s closure exposes the capital intensity of global fintech infrastructure and the consequences of weak distribution despite early growth signals.

EXCLUSIVE: FairMoney in M&A talks with Shara

FairMoney, the Tiger-backed Series B-stage fintech, is in M&A talks with Shara, according to sources that spoke to Condia on condition of anonymity.

These bank cards now work for iPhone payments in Nigeria 

Quick tip: if a card doesn’t work on mobile, try it on the web before you give up on it. Anyway, we’ve mapped out the cards that work below.

OPay reportedly valued at $3B as early backer signals IPO plans

Opay's valuation reportedly skyrockets to $3.1 billion

How one startup is solving the dreaded financial operations crisis that leads to missing funds and failed businesses

A former banker, fintech wallet operator and large payment gateway COO walk into a room. What comes out? An AI-powered finOps platform

EXCLUSIVE: Anchor’s 2025 year-in-review exemplifies the future of emerging market fintechs

Following the release of Anchor's 2025 year-in-review, Condia sat with the CEO of Anchor, Segun Adeyemi, to uncover the WHY behind the moves the YC-backed startup is making.

The super app graveyard: ‘Everything apps’ just don’t work in Africa

Even with its massive scale and a $300 million Fintech 2.0 upgrade, M-Pesa remains a reminder that absolute reliability is a myth in African fintech.

Wise receives conditional approval for Nigerian remittance (IMTO) licence

We explore what this means for Wise's African expansion, and if it can compete with local players like LemFi and Moniepoint.

Mastercard to acquire BVNK for $1.8B to expand stablecoin payments

Mastercard is acquiring stablecoin infrastructure firm BVNK for up to $1.8 billion, aiming to connect blockchain-based payments with traditional financial systems.

Fairmoney names ex-FBN director Gbenga Shobo as Board Chair

Ex-FBN Director Gbenga Shobo Joins Fairmoney as Board Chairman

CBN’s new AML rules give fintechs 90 days to prove they can monitor transactions

FInancial institutions have 18–24 months to comply and 90 days to submit a roadmap.

Awabah and TeamApt want to help ordinary Nigerians build retirement savings

"The partnership is about extending access, putting retirement savings within reach for workers across every corner of the country."