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CBN grants Flutterwave a switching and processing license

Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN).

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MFS Africa to expand into Nigeria

In June when MFS Africa raised a Series C extension, the fintech company disclosed that it will expand into Nigeria as part of its pan-African expansion plan.

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Duplo secures $4.3M seed funding to transform B2B payments in Nigeria

Duplo has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria.

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Zapper partners Stitch to offer one-click payments in South Africa

Zapper, a South African mobile payments company has partnered with payments and data API fintech Stitch (via LinkPay—a one-click payments product) to enable Zapper users to make instant electronic funds transfer (ETF) payments with a click.

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Why is Risevest’s CEO stepping down?

Eke Urum, Risevest's CEO has stepped down indefinitely due to allegations of sexual and non-sexual misconduct.

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Wasoko launches Innovation Hub in partnership with Zanzibar Government

Wasoko Innovation Hub will focus on building world-class tech solutions that will drive Africa’s e-commerce industry for years to come

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Court prohibits e-residency and citizenship purchases with CAR’s Sango Coin

The Central African Republic's Constitutional Court has prohibited e-residency and citizenship purchases with the Sango Coin.

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Grey raises $2M to simplify cross-border payments across Africa

In addition to the $2 million seed, Grey has also expanded into East Africa, starting with Kenya.

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Three years after exiting his first startup, Segun Adeyemi launches Anchor, a YC-backed BaaS fintech

Segun Adeyemi has launched a new startup, Anchor, three years after he exited Amplifypay. Anchor becomes the first BaaS company to be backed by YC.

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CBN releases $265 million out of the trapped aviation funds

The Central Bank of Nigeria (CBN) has released $265 million out of the total $464 million in trapped funds to foreign airlines.

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Moneymie shuts down its digital bank for immigrants to focus on B2B services

The Moneymie app will no longer be available.

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iiDENTIFii wins KPMG tech innovator award in Africa

After a four-month-long competition, KPMG Private Enterprise awarded iiDENTIFii the top spot.

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