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Twenty African companies including Thrive Agric have been selected by the Centre of Financial Inclusion for the 2021 Inclusive Fintech 50 (IF50).
Despite the Covid-19 pandemic, the African fintech ecosystem has remained prime to investors and several African entrepreneurs are joining the buzz of creating convenient solutions for the continent’s increasingly populous consumers.
Predatory lenders employ deceptive and aggressive sale tactics to attract unsuspecting borrowers into taking loans they cannot afford.
Yesterday, the CBN introduced yet another set of sweeping new regulations for Fintech license holders. The most prominent change is a new Escrow account created for Fintechs to deposit certain stipulated sums of money.
Ten African startups have made it into the Y Combinator Winter ’21 batch. This brings the number of African startups in YC to 50.
Inflow Finance is a personal finance management tool that allows users to track their spending across multiple bank accounts
Risevest is a wealth-tech product that allows Africans to benefit from the best wealth-creating opportunities across the world.
BitSika is a payment app that helps people send money instantly across countries. It is popularly known as the CashApp of Africa.
Kuda Bank has raised $10 million in a seed round, which is possibly the largest seed funding any African startup has received. And it plans to raise a bigger Series A.
InvestSika is on a mission to make investing accessible to all Africans. With a mobile money account and smartphone, you can start trading and investing in the stock market with as little as GH₵60 ($10 or ₦3,820).
In a tweet on Wednesday, October 28, 2020, Prof. Steve Hanke revealed that his measurement of Nigeria's inflation over the last year stood at 30.37%.
Here is all you need to know about Paystack, the biggest Nigerian startup acquisition and Stripe's biggest acquisition yet. The deal is reportedly worth over $200 million (₦76.6 billion).
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