South Africa’s Paymenow Raises $22.5 Million to Expand Earned Wage Access Across Africa
South African fintech startup Paymenow has secured $22.5 million (ZAR 420 million) in funding from Standard Bank, marking one of the largest…
Beyond The Fintech Obsession: Africa’s Startup Ecosystem Needs A Reality Check
Africa’s startup narrative has been dominated by fintech success stories, painting a picture of explosive growth and endless potential. But…
Cross Switch Unveils Rebrand Reflecting Broader Fintech Ambitions
A rebrand has been quietly rolled out by global payments platform Cross Switch, suggesting a recalibration of how the company wants to be seen…
Okra’s final chapter is defined by an IP sale, investor refunds, and a carefully executed exit strategy that is rarely seen in African tech.
After weeks of speculation, new details have emerged about how Nigerian fintech startup Okra is managing the conclusion of its operations.…
The State of Enterprise 2025 Report: Nigeria’s Financial Sector Hits Milestones in Digital Growth, Investment, and Innovation
Nigeria’s financial services industry has achieved significant growth in 2024, according to a new report that tracks the sector’s…
CBN Issues Cybersecurity Warning to Banks Before Open Banking Launch
Nigeria’s banking sector is racing against time to secure its systems before the country’s open banking framework goes live in…
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…
Moniepoint Wants to Be More Than Your Money Transfer App. Should You Care?
If you’re an immigrant, particularly one sending money back home to Nigeria from the UK, you’re drowning in choices. Apps like…
Rivy’s $4M Leap: How a Nigerian Fintech is Lighting Up Africa’s Clean Energy Future
Payhippo, a Nigerian fintech once known for helping small businesses with loans, has taken a bold new turn. They are now rebranded as Rivy,…
NCBA Expands to Tatu City: What This Means for Kenya’s Banking Landscape
Kenya’s financial sector is growing rapidly, and NCBA is making proactive moves to stay ahead. With the launch of its new branch in Tatu City,…