Okra not dead: Shuts Nebula, doubles down on payments

Okra is restructuring its core payments business after shutting down its cloud service, Nebula. Despite exit rumours, the fintech remains active and is exploring new backers.

Kuda re-launches multicurrency wallets, after raising additional capital of $15M in July 2024

The move is primarily aimed at retaining its customers who are relocating abroad, Chief Executive Officer Babs Ogundeyi said.

Liquify, a Ghanaian female-led startup, raises $1.5 million seed to close Africa’s trade finance gap

Liquify, an invoice finance marketplace, secures $1.5M seed funding led by Future Africa. The fintech has already financed $4M worth of trade.

Chipper Cash launches ads product

The "Chipper Ads" platform, is being positioned to help small and medium-sized enterprises (SMEs) in Africa reach more people

Okra CEO Fara Ashiru joins Kernel, a UK RevOps startup

At Kernel, Ashiru will be tasked with replicating her successes at Okra while maintaining a lean team.

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.