Wave raises $137 million to expand mobile money services across Africa

Wave, Africa’s top fintech unicorn, raises $137 million in debt funding to expand mobile money operations across the continent.

Moniepoint debuts on TIME100 most influential companies list

This latest accolade arrives on the heels of other prominent international recognitions for Moniepoint.

8 takeways on the Future of Finance from Money2020 2025

Ola Daramola, CEO and Co-founder of an African cross-border payment fintech, shares his Money2020 takeaways on the future of finance.

Visa and Yellow Card partner to explore stablecoin innovation across Africa

Visa is partnering with Yellow Card, a leading African fintech, to test stablecoin settlement using USDC across the continent.

Pesa acquires UK EMI, Authoripay Emoney to begin Europe expansion

At the end of 2024, Pesa completed the acquisition of Authoripay Emoney Ltd, a UK FCA-licensed e-money issuer (EMI). Here is what it means.

How open banking will change how fintechs manage API integrations with banks

Even though fintechs have made impressive strides in Nigeria’s financial ecosystem, there are serious challenges with how they currently access bank data.

LemFi acquires UK card issuer, Pillar to offer credit to immigrants

LemFi acquires UK-based Pillar to launch migrant credit cards, expanding beyond remittances and fast-tracking financial inclusion for immigrants.

Tanzania emerges as East Africa’s next startup powerhouse

Tanzania is emerging as East Africa’s next startup hub, with $53M in 2024 funding, fintech dominance, and new government-backed initiatives.

EXCLUSIVE: Ex-Moniepoint executive sues unicorn over stock options worth nearly $1M

An ex-Moniepoint staff, claims that the fintech unicorn engaged in malicious actions to deny him of stock options estimated to be worth $889,600 in the secondary market.

EXCLUSIVE: CreditChek acquires CreditCliq to bridge cross-border credit gaps

The acquisition, fully completed, aims to scale creditworthiness for African immigrants across the globe

Salus Cloud raises $3.7M to expand secure software delivery in Africa

“We built Salus so a fintech can focus on loans, an e-commerce company on logistics not on securing Kubernetes or building core banking from scratch," CEO Andrew Mori said.

CBK licenses 47 additional  digital credit providers, total now at 126

The Central Bank of Kenya has licensed 41 new digital credit providers, raising the total to 126.