How IPT Africa became the first  Mauritian fintech selected for the Visa Accelerator Program 2025

IPT Africa becomes the first Mauritian fintech in the Visa Accelerator 2025, marking a milestone for the island's growing fintech ecosystem.

Alaan raises $48 million to scale AI-powered spend management across the MENA region

Alaan raises $48M to scale its AI spend management platform across MENA, targeting Saudi Arabia and automating finance teams’ workflows.

Fusepay, a Seychelles-based fintech, raises $350k pre-seed to digitise business payments

Fusepay raises $350,000 pre-seed to digitise business payments and replace cheques across Indian Ocean islands, starting with Seychelles.

Nigeria’s Startbutton, SA’s Zazu, and 20 others admitted to 4th Visa Africa Fintech Accelerator

Visa has announced the fourth cohort of its Africa Fintech Accelerator program. The program has already boosted 64 fintechs across three cohorts, which later raised $55M

Ethiopia’s Central Bank bans four U.S. remittance companies over fraudulent moves

The NBE has specifically urged diaspora senders to use licensed channels only.

Revolut plans strategic launch in Morocco under new leadership

Revolut is entering Morocco with Amine Berrada at the helm, aiming to offer FX and remittance before scaling into full digital banking.

Exclusive: Collect Africa shuts down to make way for Stablecoin-focused Autospend

“We realised there’s a much larger opportunity to solve a global problem,” said Abraham Ojes, co-founder of Collect Africa.

Orange Money teams up with JUMO to bring microcredit to Africa

Orange Money taps JUMO’s AI to push a no bank account, no paperwork mission across Africa.

Visa debuts first data centre in South Africa 

Visa has launched its first data centre in South Africa, investing R1 billion ($56,904,500) to accelerate financial inclusion across Africa.

PALM closes 7-figure pre-seed  to transform savings culture in Egypt

PALM secures 7-figure pre-seed funding led by 4DX Ventures to transform how Egyptians save.

Stitch buys Efficacy to take full control of card payments in South Africa

Stitch now runs the full card stack—gateway, switch, and acquirer—after buying Efficacy Payments.

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.