LemFi Acquires Pillar in Game-Changing Play for Migrant Credit Access
In one of the boldest moves in African fintech this year, Nigeria-born, London-based remittance platform LemFi has acquired UK credit card…
Nigerian Fintech Fincra Gets License to Operate in Tanzania
Nigerian payment company Fincra has received approval from Tanzania’s central bank to operate in the country. The Bank of Tanzania gave…
First Ally Capital Acquires 60% Stake in Migo Fintech for Digital Lending
First Ally Capital Limited has bought a major share in a Nigerian fintech company. The Lagos-based financial services firm now owns 60% of…
Piggyvest Prepares for Your Death: New ‘Wellness Checks’ Are Like a Digital Will for Your Money
In a bold and quietly revolutionary move, Nigerian fintech platform Piggyvest has introduced a new feature called Wellness Checks. At first…
Fincra Secures Third Party Payment Provider license in South Africa for cross-border payment solutions
African fintech is witnessing another milestone moment. Fincra, the payment infrastructure powerhouse, has officially secured its Third Party…
The Rise of Fintech in Africa: Trends to Watch in the Next 12 Months
The continent’s fintech sector has evolved from a niche industry into a powerful force reshaping how millions access, save, and transfer…
Ifeoma Uddoh Emerges as Winner of the Growth-Stage Venture Category at 2025 Female Founders DealRoom Competition
Ifeoma Uddoh is changing the narrative for Nigerian women in finance. As the founder and CEO of Shecluded, Nigeria’s first fintech platform…
After Hitting Over ₦1 Billion in Cross-Border Transactions, Monirates Co-Founder Nnenna Nkata Unpacks What It Took to Get Here, and What’s Next
Monirates, the fast-growing fintech reengineering how money moves across African borders, has recently hit a major milestone, surpassing ₦1…
Verto Wins $1M Milken-Motsepe Grand Prize for Transforming Cross-Border Payments in Africa
At the 2025 Milken Institute Global Conference in Los Angeles, a global financial technology firm Verto was awarded the $1 million Grand Prize…
CBN Hits Paystack With ₦250M Fine Over Zap: A Wake-Up Call for Fintechs?
In a bold regulatory move, the Central Bank of Nigeria (CBN) has fined Paystack ₦250 million ($190,000) over its new consumer-facing product,…