Yellow Card raises $40 million to expand stablecoin-powered payment infrastructure

Yellow Card secures $40M from SC Ventures, Sony, Polychain, and Blockchain Capital to expand stablecoin and cross-border payment infrastructure.

Busha launches licensed prediction market “Signal” in Nigeria

Busha launches Signal, a licensed prediction market for sports, crypto, and politics.

MultiChoice-backed fintech Moment raises $22 million Series A

The fintech now processes 600,000 transactions daily just three years after launching.

Nigeria issues tax rules for crypto and other virtual assets

Nigeria has issued new tax rules for crypto and virtual assets, clarifying how gains, salaries, staking rewards, exchanges, and VAT are taxed.

Kulipa CEO denies insolvency after sudden shutdown

Kulipa's CEO has denied the stablecoin card startup is insolvent, saying its abrupt shutdown is tied to a broader corporate restructuring.

Flutterwave looks to East Africa to fuel banking ambitions

Flutterwave is exploring bank acquisitions across Africa as it expands beyond payments, betting on lending and banking to drive its next phase of growth.

MoMo wallets hit 5 million as MTN prepares fintech separation

MTN MoMo wallets grew to 5 million ahead of a planned fintech spinoff.

Ex-Airtel Money Kenya chief joins Visa  as East Africa head

Anne Kinuthia-Otieno has been appointed by Visa as vice president and head of East Africa following her departure from Airtel Money Kenya.

Luno says only 5% of jobs in Nigeria, Kenya, and Uganda affected by global layoffs

Luno says just 5% of roles in Nigeria, Kenya and Uganda were affected by its global layoffs as it restructures.

GoLemon is latest Nigerian food delivery startup to shut down

GoLemon has shut down two years after launch, citing fundraising difficulties.

Automation drove 71% of Absa Kenya processes in 2025

The bank joins I&M, Equity, KCB, and Co-op in reporting over 90% digital transactions

Rentoza enters business rescue despite raising $7.3 million

South Africa's Rentoza enters into a voluntary business rescue after about 12 months of struggle despite over $7 million in funding