The latest news and analysis on Africa's fintech startups, including consumer finance, cryptocurrency, digital banks and payments.
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The NBE has specifically urged diaspora senders to use licensed channels only.
Revolut is entering Morocco with Amine Berrada at the helm, aiming to offer FX and remittance before scaling into full digital banking.
“We realised there’s a much larger opportunity to solve a global problem,” said Abraham Ojes, co-founder of Collect Africa.
Orange Money taps JUMO’s AI to push a no bank account, no paperwork mission across Africa.
Visa has launched its first data centre in South Africa, investing R1 billion ($56,904,500) to accelerate financial inclusion across Africa.
PALM secures 7-figure pre-seed funding led by 4DX Ventures to transform how Egyptians save.
Stitch now runs the full card stack—gateway, switch, and acquirer—after buying Efficacy 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.
The move is primarily aimed at retaining its customers who are relocating abroad, Chief Executive Officer Babs Ogundeyi said.
Liquify, an invoice finance marketplace, secures $1.5M seed funding led by Future Africa. The fintech has already financed $4M worth of trade.
The "Chipper Ads" platform, is being positioned to help small and medium-sized enterprises (SMEs) in Africa reach more people
At Kernel, Ashiru will be tasked with replicating her successes at Okra while maintaining a lean team.
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