Sycamore’s X account has been compromised

Nigerian fintech Sycamore says its X account was compromised by an unauthorized party. The incident echoes past breaches like OPay’s 2022 Twitter hack.

Evolution secures US Federal MSB License to power global citizens

Evolution (formerly Cryptonia) is building the payment rails to enable remote workers, freelancers, and anyone to earn money from anywhere.

Flutterwave hosts investor roundtable on Africa’s digital economy at IMF–World Bank meetings

Flutterwave brought together global investors and policymakers at the IMF–World Bank Spring Meetings to discuss infrastructure, regulation, and funding challenges in Africa’s digital economy.

CBN orders banks to assess their own cybersecurity within 21 days

CBN has given Nigerian banks 21 days to complete a cybersecurity self-assessment, warning that false submissions will attract sanctions under BOFIA 2020.

SportyBet signs DJ Khaled and what it signals about Nigeria’s gambling market

DJ Khaled’s SportyBet deal highlights Nigeria’s booming $3.6B betting market, where fintech, mobile adoption, and celebrity influence are driving rapid growth.

AI gave fraudsters a superweapon, but financial institutions are still reaching for the old shield

AI is helping fraudsters move faster than banks can respond. Here’s why fraud detection systems are failing and what needs to change.

Three-time founder Sim Shagaya launches Myka, a new insurance company for Nigeria

Sim Shagaya, founder of Konga and uLesson, has launched Myka, a new insurance company in Nigeria. The startup is currently accepting waitlist sign-ups.

South Africa’s littlefish raises $9.5M Series A

littlefish secures $9.5M Series A led by Partech to help African banks offer payments, POS, and SME tools without relying on fintech middlemen.

The super app graveyard: ‘Everything apps’ just don’t work in Africa

Even with its massive scale and a $300 million Fintech 2.0 upgrade, M-Pesa remains a reminder that absolute reliability is a myth in African fintech.

Africa’s Starchitect Jumoke Adenowo exits Flutterwave board after two-year tenure

Jumoke Adenowo has stepped down from Flutterwave’s board after more than two years, adding to a series of leadership changes at the fintech unicorn.

3 questions Moniepoint must answer now

Is Moniepoint’s rapid growth being subsidized by the very people it claims to be including, or is this a deliberate extraction of wealth from Nigeria's most vulnerable micro-entrepreneurs?

OPay is losing Nigeria’s PoS agents to Moniepoint as CBN deadline nears

As the April 1 deadline approaches, thousands of OPay devices that were once active in Ekiti and beyond could be returned.