How fintech is disrupting traditional banking in Africa

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 lending in Nigeria—what is the way forward?

Predatory lenders employ deceptive and aggressive sale tactics to attract unsuspecting borrowers into taking loans they cannot afford.

New CBN regulations require fintechs to pay $5million into escrow account

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.

Meet the 10 African startups and their founders that got into Y Combinator Winter 2021

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 building Africa’s ultimate personal finance management tool

Inflow Finance is a personal finance management tool that allows users to track their spending across multiple bank accounts

How Risevest is leveling the wealth-creating field for Africans

Risevest is a wealth-tech product that allows Africans to benefit from the best wealth-creating opportunities across the world.

BitSika: From side project to multimillion-dollar startup

BitSika is a payment app that helps people send money instantly across countries. It is popularly known as the CashApp of Africa.

Kuda Bank raises $10M in seed funding.

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 making investing accessible to all Africans, starting with Ghanaians

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).

Seven ways to beat inflation in Nigeria

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%.

All you need to know about Paystack, the biggest Nigerian startup acquisition

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).

Fundall, a digital banking platform raises $150,000 in pre-seed funding

Led by Black Knight Capital, a pre-seed stage investor, Fundall has raised $150,000 to deepen its footprints and challenge existing digital banks.