Y Combinator-backed LemFi acquires Wealth8 to expand into investing

LemFi has acquired UK-based investment platform Wealth8, marking its third acquisition in just over a year.

CBN revokes licences of NowNow, Sycamore, Creditville, OurPass and Casha Microfinance Banks

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks, including fintech-linked NowNow, Sycamore, Creditville, OurPass and Casha.

The Contributor Mindset: Inside the Journey of Femi Alayesanmi, Head of Engineering at Mono

Femi Alayesanmi's storied journey, from growing up without a computer to leading Mono’s Engineering and the future of African tech. 

Return founder, Tomiwa Lasebikan, raises $2.4 million for stablecoin startup Daya

Daya, the stablecoin payments startup founded by return entrepreneur Tomiwa Lasebikan, has raised $2.4 million in pre-seed funding to expand cross-border payment infrastructure.

11 African stablecoin-focused startups that raised money in H1 2026

These are the African stablecoin-focused startups that attracted investor funding in the first half of 2026 as digital dollar infrastructure gained momentum across Africa.

TFY grew 600% without VC funding and reinvests profits into charities and startups.

While most tech unicorns burn through investor cash, TFY (Transformify Ltd) built a $502 million workforce platform on pure profit and gives a chunk of it away.

Flutterwave boosts workforce with over 100 promotions and salary adjustments

Flutterwave has promoted over 100 employees this year and adjusted salaries to match economic realities

EXCLUSIVE: FairMoney in M&A talks with Shara

FairMoney, the Tiger-backed Series B-stage fintech, is in M&A talks with Shara, according to sources that spoke to Condia on condition of anonymity.

BFREE closes growth round to acquire non-performing loans across Africa

BFREE has raised an undisclosed growth round led by AfricInvest to scale its acquisition of non-performing loans across Africa, positioning itself as critical credit market infrastructure.

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.