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According to the World Bank, Nigeria accounted for the highest remittance flow into Sub-Saharan Africa in 2022.
EBANX has expanded into eight African countries: Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. The LatAm fintech unicorn is now present in eleven African markets.
The fintech will remittance services in the country. We also covered the location of InstaDeep's African AI research hub.
Global payments company, LemFi (formerly Lemonade Finance) has secured a $33 million Series A in a round led by Left Lane Capital.
By plugging SeerBit Alpha into their existing platform, businesses will be enabled to seamlessly offer various FinTech solutions, that cater to their clients' and operational needs.
Nigeria’s fintech company, Kuda debuted in the Neobanking category, while Egyptian’s FinTech’s startup, Fawry, South Africa’s Yoco and Nigeria’s Opay made the digital payment’s category.
RightCard Payment Services Limited, a Lemonade Technology Inc. subsidiary, has announced that it has obtained an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN).
The regulators of Africa's leading fintech markets, Egypt and Nigeria have signed a deal to deepen cross border regulations in both countries.
We also covered how Nigeria has lost its spot as the top destination for tech VC funding in Africa and Flutterwave and IATA payment partnership.
Visa Africa FinTech Accelerator, Bank of America Breakthrough Lab, Google Black Founders Fund, African FinTech Foundry, ARM Labs Techstars Lagos Program, AWS FinTech Africa Accelerator.
The funding will be used to bolster Moove’s expanding vehicle fleet in Ghana
ChitChat is a social commerce platform developed by Union54 that enables consumers across Africa to chat with each other over an encrypted platform.
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