The latest news and analysis on Africa's fintech startups, including consumer finance, cryptocurrency, digital banks and payments.
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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.
Wave, Africa’s top fintech unicorn, raises $137 million in debt funding to expand mobile money operations across the continent.
This latest accolade arrives on the heels of other prominent international recognitions for Moniepoint.
Ola Daramola, CEO and Co-founder of an African cross-border payment fintech, shares his Money2020 takeaways on the future of finance.
Visa is partnering with Yellow Card, a leading African fintech, to test stablecoin settlement using USDC across the continent.
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