Why Wise chose South Africa as its first African market

Wise expands to South Africa with regulatory approval from the central bank. Here is why it chose the country as its first African market.

AXIAN Group and Mastercard enter new partnership, echoing MTN’s earlier play in digital payments

AXIAN Group and Mastercard enter a new partnership to launch digital payment solutions across five African markets, expanding cross-border payments.

Axian Group rebrands fintech division to Digibank & Fintech and strengthens governance for pan-african expansion

Axian Group has rebranded its fintech arm to Digibank & Fintech and strengthened its board to drive digital banking expansion across Africa.

Paystack confirms the termination of cofounder Ezra Olubi’s employment

Paystack confirms the termination of Ezra Olubi's employment. Following Olubi's blog post, the company is set for another round of legal battles since Zap Africa.

Fusepay goes live after securing the Central Bank of Seychelles licence to operate as a Payment Service Provider

Fusepay, the Seychelles-based fintech, secured its PSP licence from the Central Bank (CBS) and has now processed its first live transaction.

MTN Group’s remittance flows hit $3.4 billion, signalling new phase in Africa’s fintech race

MTN processed $3.4bn in remittances in 2025, a 13% rise as it battles fintech rivals for Africa’s cross-border payment market. Read more.

Lula secures $10M IFC loan to expand SME lending in South Africa

Lula has received a $10m loan from IFC to expand SME lending in South Africa, supporting financial inclusion and boosting growth for underserved businesses.

List of 88 licensed remittance companies in Ethiopia 2025

See the complete list of all the 88 companies approved to handle cross-border services in Ethiopia.

KCB Bank Group to acquire stake in Pesapal

KCB Bank Group is acquiring a minority stake in Pesapal, strengthening its fintech ecosystem after its $15.4M Riverbank Solutions deal.

dLocal launches BNPL Fuse at Money20/20 USA

dLocal has launched BNPL Fuse for merchants to reach 500 million underbanked buyers in 8 countries, with a single API.

The top seven digital banks in Nigeria

Discover the top online banks Nigerians swear by in 2025.

Nigeria no longer on the FATF list. Will the second time be the final time?

On October 24, 2025, Nigeria completed its two year ordeal on the FATF watch list. Here is why fintechs are rejoicing.