Fintech

OPay files for US IPO, considers secondary listing in Nigeria

OPay has filed for an IPO in the US, as it considers a potential secondary listing on the Nigerian Exchange.

Fintech

The CBN announced a fintech licence shake-up in 2026, the process began a year earlier

In January 2026, a CBN director, Yemi Solaja told the Committee of Heads of Banks' Operations conference in Lagos that institutions including Moniepoint MFB, OPay, and Kuda Bank had already been upgraded.

Startups

Leatherback rebrands to Foren two months after Zedcrest acquisition

Two months after getting acquired by Zedcrest Group, Leatherback is rebranding to Foren, targeting businesses that need cross-border financial services.

Fintech

GTCO’s fintech is moving deeper into Nigeria’s payment infrastructure

GTCO’s HabariPay made ₦7.8bn in profit in H1 2026 as the fintech subsidiary expands its payment gateway, switching and infrastructure business.

Fintech

How OnePurze’s 20-country launch exposes the regulatory realities of cross-border fintech

OnePurze’s expansion across 20+ countries highlights the regulatory hurdles facing African fintechs. From CBN rules to BCEAO and Bank of Ghana mandates, partner licencing remains the key to cross-border settlement.

News

Bank of Kigali joins China’s CIPS payment network

Bank of Kigali is now the first East and Central African bank with direct access to China's CIPS, easing yuan settlements as trade with China grows.

News

Algeria approves telecoms giant Djezzy to enter digital payments

Algeria's central bank has approved Djezzy Payments Services to establish a payment service provider, expanding the country's regulated digital payments market.

News

Chari appoints former Visa executive Aurélien Pichon to board as independent director

Chari, the Moroccan B2B commerce and fintech company, has appointed Aurélien Pichon to its board as an independent director.

News

20 years after, Remita launches consumer super app to bring banking, investing and payments into one place

The app allows users connect and monitor accounts from different banks on one screen.

News

Flutterwave names Morounke Olufemi, Global CFO, as Mitesh Popat steps down

Flutterwave has appointed Morounke Olufemi as its new Global Chief Financial Officer, replacing Mitesh Popat, who is stepping down after two years in the role.

Fintech

Inside the compliance sprint that reshaped Nigeria’s fintech sector

Nigeria cleared the full 19-point plan and exited the FATF grey list in October 2025 but the CBN has maintained regulations that directly affect fintechs.

Funding

Paymob raises $35 million pre-Series C to expand payments business across MENA

Egypt's Paymob raised $35M led by Mubadala and EBRD to expand its payments business across MENA, as Gulf revenue grows sevenfold.