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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.

News

Y Combinator-backed LemFi acquires Wealth8 to expand into investing

LemFi has acquired UK-based investment platform Wealth8, marking its third acquisition in just over a year.

Fintech

CBN revokes licences of NowNow, Sycamore, Creditville, OurPass and Casha Microfinance Banks

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks, including fintech-linked NowNow, Sycamore, Creditville, OurPass and Casha.

Spotlight

The Contributor Mindset: Inside the Journey of Femi Alayesanmi, Head of Engineering at Mono

Femi Alayesanmi's storied journey, from growing up without a computer to leading Mono’s Engineering and the future of African tech. 

Funding

Return founder, Tomiwa Lasebikan, raises $2.4 million for stablecoin startup Daya

Daya, the stablecoin payments startup founded by return entrepreneur Tomiwa Lasebikan, has raised $2.4 million in pre-seed funding to expand cross-border payment infrastructure.

Fintech

11 African stablecoin-focused startups that raised money in H1 2026

These are the African stablecoin-focused startups that attracted investor funding in the first half of 2026 as digital dollar infrastructure gained momentum across Africa.

Spotlight

TFY grew 600% without VC funding and reinvests profits into charities and startups.

While most tech unicorns burn through investor cash, TFY (Transformify Ltd) built a $502 million workforce platform on pure profit and gives a chunk of it away.

Fintech

Flutterwave boosts workforce with over 100 promotions and salary adjustments

Flutterwave has promoted over 100 employees this year and adjusted salaries to match economic realities

African Markets

EXCLUSIVE: FairMoney in M&A talks with Shara

FairMoney, the Tiger-backed Series B-stage fintech, is in M&A talks with Shara, according to sources that spoke to Condia on condition of anonymity.

Funding

BFREE closes growth round to acquire non-performing loans across Africa

BFREE has raised an undisclosed growth round led by AfricInvest to scale its acquisition of non-performing loans across Africa, positioning itself as critical credit market infrastructure.

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