Consumer Tech

How to set up Google Pay and Google Wallet in Nigeria and which banks support it

Google Pay and Google Wallet are now in Nigeria. Here’s how to set them up and which banks support them.

Fintech

BREAKING: Moniepoint to cut engineering, product roles in major restructuring

The changes come as the fintech expands beyond its established Nigerian operations and grows its presence in Kenya.

Startup Life

Nigerian BNPL startup Klump shuts down after five years

Klump, the Nigerian BNPL startup that raised $1.2 million, has shut down after struggling with lending capital, slow integrations, and lender constraints.

Fintech

MNT-Halan shares jump 18% on Egyptian stock market debut after $150m IPO

MNT-Halan shares rose 18% on their Egyptian Exchange debut after a $150 million IPO drew heavy demand, valuing its listed Egyptian business at about $745 million.

News

Shein and Temu Face Ban Campaign in South Africa as Unions Warn of Job Losses

South African trade unions are pushing to ban Shein and Temu over concerns about local manufacturing, retail competition and thousands of jobs potentially at risk by 2030.

Fintech

PalmPay UK posts £21.3m loss after writing off £3.65m loan

PalmPay (UK) Limited recorded a £21.34m loss before tax in 2025, as investment impairments alongside a £3.65 million loan write-off weighed on its financial results.

News

Onafriq shuts down Baxi agent banking in Nigeria

Onafriq is shutting down its Nigerian agent banking division, Baxi, following severe macroeconomic headwinds, naira devaluation, and rising competition in offline agency banking.

Fintech

Moniepoint’s UK accounts reveal a profitable tech business and a loss-making payments operation

Moniepoint Technologies UK Ltd earned £2.06 million in 2025 after a substantial loss the previous year. A separate UK entity reported a loss and received further capital support, offering a glimpse into the different businesses behind the fintech’s international operations.

Fintech

How FNB digital banking is changing the way South Africans bank

FNB is bringing more services together to change how South Africans bank, from WhatsApp eWallet and eBucks to My Advisor and FNB Connect.

Fintech

Who is Trademarks Global Concepts, the new majority owner of eTranzact?

Trademarks Global Concepts has taken control of eTranzact after acquiring a 56.18% stake from Access Bank and other shareholders.

Startup Life

What ITANA’s digital trade zone means for African startups

ITANA aims to help African startups operate from Nigeria, enjoy tax benefits and attract global investors.

Fintech

CashAfrica partners with Chicken Republic to drive tap-to-pay adoption in Nigeria

CashAfrica is taking tap-to-pay to Chicken Republic’s 350 outlets. Its CEO says contactless could go mainstream in Nigeria in eight months.