Condia Insider: While Revolut eyes Africa, Afriex looks beyond

In this letter, we explore: Collect Africa shuts down to chase global payments, Revolut eyes Morocco, led by ex-Uber executive, Afriex expands to Asia.

$45B fintech giant Revolut sets sights on South Africa

Since 2016, South Africa has granted only three digital banking licenses, raising questions about the challenges Revolut may encounter despite its global footprint.