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Fintech

Stitch buys Efficacy to take full control of card payments in South Africa

Stitch now runs the full card stack—gateway, switch, and acquirer—after buying Efficacy Payments.

Fintech

Nigeria ends 13-year Remita partnership, launches new treasury system

While the company has demonstrated resilience in the past, including surviving a Senate probe in 2016, the loss of this major government contract will undoubtedly impact its revenue streams

Fintech

Stanbic IBTC to inject ₦4 billion into fintech subsidiary, Zest

This is indeed cherry news for Zest, which is lagging behind peers like GTCO’s fintech subsidiary, HabariPay, and Access Holdings' fintech, Hydrogen.

Spotlight

What drives success in cross-border payments? Speed and customer experience, according to new report

A new report on Emerging Trends in Cross-Border Payments by Favour Aroghene Ndulu (Payment Marketing Expert) and Paschal Okeke (Head of Ops & Expansion at CrissCross) explores the critical role of rapid transaction speeds, market opportunities for cross-border payments in Africa, marketing and growth strategies for 2025 and more.

Fintech

Scoop: Flutterwave UK has been on a quiet rise, recording £5.4 million turnover in 2023

2021 was Flutterwave's breakout year both at home and abroad due to a valuation of $1 billion, which raised its fortunes. It was also the first time the UK subsidiary began to reflect significant financial activity.

Analysis

How Access Holdings’ Hydrogen, Oxygen X, Pension are minting billions in profits

The company's fintech, pension, and lending ventures have demonstrated profitability within two years of incorporation.

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