Yellow Card acquires GoMoney to open direct operations in Brazil

Yellow Card has acquired GoMoney, a Brazilian virtual asset service provider, to set up direct operations in Brazil. GoMoney’s full central bank authorisation is still pending.

Chinese regulator questioned OPay before $304m US IPO withdrawal – report

A report suggests that regulatory inquiry from China may have influenced OPay to withdraw its planned NYSE IPO.

Nigerian financial institutions face cyberattacks as industry remains largely silent

A wave of cyberattacks have hit Nigerian financial institutions as AI accelerates speed for bad actors.

Grey secures IMTO licence as Nigeria’s remittance sector gets new competition

Grey has secured an International Money Transfer Operator licence from the CBN. It joins a field that has grown from under 15 operators in 2016 to over 100.

Is MTN Nigeria’s ₦95.5bn fintech sale really a win?

MTN Nigeria’s headline 2.1x MoMo sale premium relies on a heavily written-down paper value. Against the actual ₦137.95bn invested, the ₦95.5bn valuation is a 31% loss.

OPay withdraws planned $304M US IPO after foreign inquiry

OPay Limited has withdrawn its planned New York Stock Exchange listing, citing an inquiry in a foreign jurisdiction it has not named. Reuters reported that the company had priced 16 million shares at $19 each, valuing it at about $4 billion.

How to set up Google Pay and Google Wallet in Nigeria and which banks support it

Google Pay and Google Wallet are now in Nigeria. Here’s how to set them up and which banks support them.

BREAKING: Moniepoint to cut engineering, product roles in major restructuring

The changes come as the fintech expands beyond its established Nigerian operations and grows its presence in Kenya.

The Moniepoint alumni building their own startups

Moniepoint is beginning to produce its own crop of founders. This list profiles 16 of these former employees and the businesses they have gone on to build.

MNT-Halan shares jump 18% on Egyptian stock market debut after $150m IPO

MNT-Halan shares rose 18% on their Egyptian Exchange debut after a $150 million IPO drew heavy demand, valuing its listed Egyptian business at about $745 million.

PalmPay UK posts £21.3m loss after writing off £3.65m loan

PalmPay (UK) Limited recorded a £21.34m loss before tax in 2025, as investment impairments alongside a £3.65 million loan write-off weighed on its financial results.

Moniepoint’s UK accounts reveal a profitable tech business and a loss-making payments operation

Moniepoint Technologies UK Ltd earned £2.06 million in 2025 after a substantial loss the previous year. A separate UK entity reported a loss and received further capital support, offering a glimpse into the different businesses behind the fintech’s international operations.