Tyme Group raises $250M Series D funding led by Nubank, becomes a unicorn

Learn all about Tyme's founding story, fundraising history and future plans in this deepdive.

Juicyway raises $3 million pre-seed to power cross-border payments for Africans

Founded in 2021 by Ife Johnson and Justin Ziegler, Juicyway enables individuals and businesses to send, receive, and process payments globally.

Ivorian fintech HUB2 raises $8.5M to become the “Stripe of Francophone Africa”

Founded in 2019, HUB2 offers a unified API to simplify payments for neobanks, payment companies, remittance services, and crypto providers.

Verve cards are now accepted on AliExpress. But their issuing business tells a sweeter story

Verve has grown card issuing by 40% year-on-year, in the last two years. This article reports the news of their partnership with AliExpress while going deep into three growth eras they've experienced.

As African finance fights back against fraud, Reporta steps up to the plate 

The relationship between banks and fintechs can be tense. But Aderinlola believes as long as fintechs adhere to the banks’ rules of engagement, there should be no issue.

Moniepoint achieves unicorn status with $110M funding round

Development Partners International (DPI) led the $110 million Series C funding round for Moniepoint.

Wise enables local payouts to Nigeria for the nth time

Wise (formerly TransferWise) is restarting naira transfers to Nigeria for the third time after a two year pause. This time it will have to compete with other local and well-funded players like LemFi and Flutterwave $end.

Stripe to soon allow US retailers to sell directly to Nigerians

Nigeria is one of the two markets where Stripe has begun to allow merchants to accept local payment methods without having to set up a local entity.

Fintech giant Visa backs Kenya’s Workpay in $5 million raise

The startup has raised new funding led by Norrsken22, with Visa joining, to streamline HR and payroll across Africa, enhancing compliance and expanding financial scope

FCCPC reinstates Nigerian fintech, Sycamore as an approved digital lender

Nigerian fintech, Sycamore has been reinstated as an approved digital lender in the country. This is coming barely a month after FCCPC erroneously delisted the company.

First SVB, now Mercury. US banks leave African startups in dire straits

Mercury’s stumble from fintech hero to a target of federal scrutiny highlights the complex interplay between rapid growth, regulatory compliance, and financial stability

Nigerian fintechs resume customer enrollment after crackdown

Kuda Bank, Moniepoint, OPay, and Palmpay, have resumed customer enrollment activities after a regulatory suspension period.