Fintech

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.

Events

$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.

Fintech

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.

Fintech

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.

Fintech

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.

Fintech

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.

African Markets

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.  

Fintech

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.

Fintech

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.

Fintech

EXCLUSIVE: Muva Networks, founded by ‘Ajebutter’, secures Nigerian remittance (IMTO) licence

Muva Networks, the fintech founded by Nigerian entertainer and entrepreneur, processed $200 million last year. More in this Condia exclusive chat with Ajebutter.

Fintech

Chaka rebrands to Hisa

Chaka and Hisa apps have merged into one 'Hisa' app. Existing portfolios are maintained, with users told to expect improved services.

Fintech

Popular UK bank, Monzo launches remittance to Nigeria

Monzo now supports payouts to Nigeria, through its partnership with Wise. What does the future hold for African remittance operators?