Pesa acquires UK EMI, Authoripay Emoney to begin Europe expansion

At the end of 2024, Pesa completed the acquisition of Authoripay Emoney Ltd, a UK FCA-licensed e-money issuer (EMI). Here is what it means.

How open banking will change how fintechs manage API integrations with banks

Even though fintechs have made impressive strides in Nigeria’s financial ecosystem, there are serious challenges with how they currently access bank data.

The name that froze a funding round: Inside Zap Africa’s trademark battle with Paystack

"We had a seed round early in the first quarter, and we were not able to close because of the issues with Paystack," said Tobiloba Asu-Johnson, CEO & co-founder of Zap Africa

Fatura joins MaxAB-Wasoko in Africa’s biggest retail tech move

MaxAB-Wasoko has acquired Egypt’s Fatura in a major step toward unifying Africa’s fragmented retail supply chain. The deal brings scale, credit access, and growth to informal merchants.

Inside the rise of global accounts among everyday Nigerians

“People want to preserve their money and wealth from losing value due to inflation and the devaluation of the naira and other local currencies,” says Victor Alade, co-founder and CEO of Raenest

Condia Insider: Stripe’s stablecoin rollout skips Africa’s Big Four

Stripe launches stablecoin support in 100+ countries, but skips Nigeria, South Africa, Kenya, and Egypt due to unclear crypto regulations.

BREAKING: Airtel Money plans 2026 IPO amid fintech growth push

Airtel Money has been a significant growth driver for Airtel Africa. The service operates in 14 countries across the continent, including key markets like Zambia, Uganda, Tanzania, Malawi, Gabon, and the Democratic Republic of Congo.

Cardoso’s CBN cuts government advances by 58%, signaling new fiscal discipline

This reduction marks a significant departure from the previous era under former CBN Governor Godwin Emefiele.

Egyptian fintech, Money Fellows eyes North Africa with $13M funding boost

North Africa is increasingly becoming an attractive market for digital financial services, driven by high mobile phone penetration and a growing tech-savvy population.

Exclusive: Nigerian Fintech Bankly gets acquired by C-One Ventures

Bankly’s CEO and co-founder, Tomilola Majekodunmi, will step back from daily operations but remain involved in an advisory role.

Kenya partners with Canadian firms to launch blockchain-powered digital exchange

Kenya's Nairobi Securities Exchange is partnering with Canadian blockchain firms to launch the Kenya Digital Exchange (KDX) a regulated platform for tokenizing real-world assets.

VBank rebounds to profitability with ₦366 million in 2024

VFD Microfinance Bank's positive performance contributed to a wider recovery for its parent company, VFD Group Plc, which also rebounded to profitability after a ₦750 million ($471,824) loss in the previous year.