MonieWorld is shutting down: 5 UK-to-Nigeria remittance alternatives to consider

With MonieWorld shutting down, here are five UK-to-Nigeria remittance alternatives, compared on exchange rates, fees, speed, and features.

Anchor wants to end the scramble for reliable card infrastructure in Africa

Anchor relaunches Cards 2.0 to help African businesses issue reliable virtual USD Mastercard cards for cross-border payments and online spending.

Madica expands into Algeria and Cameroon with five new African startup bets

Madica has made its first investments in Algeria and Cameroon, backing five African startups as it expands its pre-seed bets into overlooked markets.

Partech leads $13 million investment in Synapse Analytics series A funding

Synapse Analytics, an AI-powered fintech company, has secured $13 million in Series A funding led by Partech with participation from Algebra Ventures and Silicon Badia.

Why the battle for deposits is the next fintech war

Fintechs are moving more of the Nigerian consumers' money. Now, they want the deposits to go with it.

How FairMoney’s 30M users stand against Nigeria’s oldest banks

FairMoney’s rise to 30 million registered users shows how quickly Nigeria’s financial landscape is changing. 

dLocal gets Enhanced Payment Service Provider licence from the Bank of Ghana

dLocal's Ghana subsidiary, dLocal Ghana Limited, has received an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana.

CreditChek kickstarts East Africa expansion with Algosys acquisition

Creditchek has acquired Uganda’s Algosys as the Nigerian fintech expands into East Africa and builds a broader lending infrastructure platform.

Circle’s Tazapay deal signals a new acquisition opportunity for African fintech

Circle’s Tazapay deal shows why stablecoin companies buy payment infrastructure, creating a new path for African fintechs to scale.

Onafriq’s 2024 revenue fell 7% as naira devaluation wiped $3.2 billion from payment volumes

2024 revenue fell 7% year-on-year, driven by naira depreciation in Onafriq's biggest market, Nigeria.

Nomba raises $3M to strengthen its cross-border payments expansion using DRC as a base

Nomba has raised $3M funding to scale its cross-border business from $480M to $1B monthly, starting with DRC, then Zambia and Uganda.

China-Africa trade is growing rapidly. Grey wants to build the rails for it

As Africa-China trade expands, African businesses and individuals need faster, more direct ways to pay Chinese suppliers. Fintechs like Grey are building the rails.