Zapper partners Stitch to offer one-click payments in South Africa

Zapper, a South African mobile payments company has partnered with payments and data API fintech Stitch (via LinkPay—a one-click payments product) to enable Zapper users to make instant electronic funds transfer (ETF) payments with a click.

Nigerian fintechs to block predatory digital money lenders

The Federal Competition and Consumer Protection Commission (FCCPC) has ordered all financial technology companies (FinTechs) to stop providing payment or transaction services to digital money lenders under its investigation.

Flutterwave tackles unemployment in Nigeria with its Graduate Trainee Program

Flutterwave admits 200 Nigerian graduates to its 12-month immersive Graduate Trainee Program aimed at tackling unemployment in the country.

Ghana’s Float acquires Nigeria’s Accounteer in an undisclosed deal

Accounteer was founded in 2015 by Merijn Campsteyn to allow users to create invoices, track expenses and register payments, among other things

TeamApt lands “$50 million pre-Series C” from QED and other investors

TeamApt, a Nigerian fintech company that services the underserved mass market in Africa has received undisclosed funding from QED Investors, a U.S.-based fintech-focused venture firm.  

12 sub-Saharan African startups win the Migration Entrepreneurship Prize 2022

Out of 20 recipients of the Migration Entrepreneurship Prize, 12 are from sub-Saharan Africa.

Bumpa integrates Meta to hasten Instagram sales for business owners

Bumpa has announced its integration with Meta: the parent company for Facebook, Instagram, and WhatsApp in a bid to boost social commerce for business owners on its platform.

Bank of Ghana conducts a review of Flutterwave’s operations

The Bank of Ghana is reviewing the activities of Flutterwave in the country as part of its continuous surveillance of the financial system.

How did Flutterwave and Chipper Cash expand to Kenya without licenses?

Flutterwave and Chipper Cash expanded into Kenya via partnerships with licensed companies.

FrontEnd Ventures to back Kenyan founders with its $5 million VC fund

FrontEnd Ventures, a Kenya-focused venture capital fund has closed its initial $1 million VC fund to provide funding for early-stage founders in the East African country.

TikTok launches in-app guide to curb misinformation ahead of Kenyan elections

TikTok has launched an in-app guide to enable access to factual and authoritative information ahead of Kenya's general elections in August.

Bloc acquires Orchestrate to power payment infrastructure in Africa

Bloc, Nigeria’s full-service FinTech and Banking as a Service (F/BaaS) infrastructure provider, announces its acquisition of Getwallets, the wallets-as-a-service provider that has now pivoted to become a payments orchestration company, Orchestrate.