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Artificial Intelligence

Anchor allows AI agents to build on its infrastructure, following MCP server launch

Anchor's MCP launch stands out in a market that favours conservativeness over innovation.

Fintech

Why Tether buys distribution while PayPal already owns it

Two fintech giants with about 500 million users each have deepened their relationship with Africa. Learn how their profiles and end game differ.

Fintech

Checker hires ex-Verto Sales manager, Isaac Umejiaku, as talent war deepens

In the highly contested cross-border payments space in Africa, will talent be enough to win?

Exclusive

EXCLUSIVE: Sycamore transitions to financial services group, following Microfinance Bank (MfB) licence

Sycamore, with ₦50 billion AUM, now operates three regulated businesses, lending, asset management and its own savings & deposit-taking product via microfinance bank licence

Fintech

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.

African Markets

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.

Consumer Tech

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.

Fintech

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

Opay's valuation reportedly skyrockets to $3.1 billion

Fintech

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

Fintech

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.

Analysis

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.

Analysis

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.

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