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Airtel Africa Q1 revenue hits $1.85 billion; Airtel Money targets London listing

Airtel Africa grew Q1 revenue 31% to $1.85 billion, driven by data and mobile money growth, while confirming London for Airtel Money's IPO.

News

PiggyVest, Moniepoint, others make CNBC’s 2026 top fintech list

Eleven African fintechs, led by Nigeria's PiggyVest, Moniepoint and Redtech, made CNBC's 2026 Top Fintech Companies ranking.

News

LemFi partners BVNK to power stablecoin-based remittance settlements

LemFi is partnering with BVNK to use stablecoins for remittance settlements, aiming to cut costs and deliver faster cross-border transfers.

News

President Tinubu signs order to coordinate virtual assets regulation

President Tinubu has signed an executive order creating a coordinated framework for virtual assets, with the CBN chairing a new council overseeing regulation.

News

Moniepoint taps former Branch Kenya CEO to head its Kenya operations

Moniepoint has appointed former Branch Kenya CEO Rose Muturi to lead its Kenyan business following its acquisition of Sumac Microfinance Bank.

News

Rwanda designates eKash as national instant payment system

Rwanda has launched eKash as its national instant payment system, capping transaction fees at RWF 20 ($0.01).

Fintech

Global payments startup Adyen acquires Orb to provide billing software for enterprises

Adyen, a global payments company, has announced plans to buy Orb, a company that provides billing software for large businesses.

News

Payaza expands to Australia and New Zealand to tap cross-border trade corridors

Nigerian fintech Payaza has launched in Australia and New Zealand after securing key regulatory approvals.

News

PayPal’s Xoom partners with Flutterwave to speed up money transfers to Nigeria

Xoom, a money transfer service owned by PayPal, has partnered with Flutterwave to enable users to send money directly to Nigerian bank accounts.

Analysis

Why Gigbanc lost Africa’s cross-border payments race

Despite raising over $1 million and onboarding over 150,000 customers, the fintech is shutting down due to high infrastructure and compliance costs.

Analysis

Why Tether, Circle and Ripple are betting on African fintechs

Global stablecoin issuers are betting on the continent's biggest fintechs to drive distribution.

News

Morocco’s biggest bank launches instant homeward transfers

Attijari Transfer facilitates instant transfers to Moroccan bank accounts.

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