Salus Cloud raises $3.7M to expand secure software delivery in Africa

“We built Salus so a fintech can focus on loans, an e-commerce company on logistics not on securing Kubernetes or building core banking from scratch," CEO Andrew Mori said.

CBK licenses 47 additional  digital credit providers, total now at 126

The Central Bank of Kenya has licensed 41 new digital credit providers, raising the total to 126.

PalmPay confirms fundraising talks as expansion plans target Africa and Asia

PalmPay is in advanced talks to raise between $50M–$100M in a Series B round. This move aligns with its bold expansion plans across Africa and into Asia.

Fincra secures PSP licence in Tanzania. Here is what it means

Fincra secures a license from the Bank of Tanzania, enabling real-time cross-border payments and expanding its pan-African fintech infrastructure.

UBA eyes small business market with massive pos terminal launch

UBA has launched 46,000 smart PoS terminals in Nigeria under its new RedPay brand, in a strategic move to reclaim market share from dominant fintechs like Moniepoint, OPay, and PalmPay.

Can you use Stripe in your African country? Here’s the 2025 list.

Stripe now supports tax automation in 19 African countries, including Nigeria, Kenya, and Morocco. Here’s what founders need to know.

Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost

North Africa is increasingly becoming an attractive market for digital financial services, driven by high mobile phone penetration and a growing tech-savvy population.

Lendsqr launches voice, video AI for loan assessments

Lendsqr has developed an AI-powered voice and video analysis model to revolutionize credit scoring for Nigeria’s informal sector, offering a new path to financial inclusion for over 100 million unbanked adults.

Scoop: CBN releases list of 108 IMTOs with commercial approval

Full list and country breakdown of all the 108 IMTOs licensed by the CBN to facilitate inward remittance to Nigeria.

BREAKING: Access corp’s fintech arm, Hydrogen, reports 10x profit surge

This represents an almost tenfold increase compared to the ₦161 million profit recorded in 2023.

BREAKING: Moniepoint launches remittance product

“We are using pricing as a pull factor. We want people to try the product because it’s affordable and stay because it works,” said Moniepoint’s CEO, Tosin Eniolorunda

Peach Payments acquires PayDunya in Francophone Africa push

Peach Payments expands into Francophone West Africa with the acquisition of PayDunya bringing the SA fintech's market coverage to 12 in Africa