Fintech News Africa
Latest News
AI Could Create a Turning Point for Financial Inclusion in Africa
It’s difficult to imagine a time before the widespread adoption of mobile technology in Africa – particularly where financial services
Read More
Nigeria’s Fintech Startups Leverage Advanced Digital Marketing Growth Strategies
In Nigeria, fintech companies are harnessing sophisticated digital marketing tools to drive growth, enhance brand visibility and build lasting relationships
Read More
Blocks for Building and Expanding Fintechs in Tanzania
According to the IMF, Tanzania, a nation of 60 million people, is among the fastest-growing economies in 2024. Over the
Read More
Redefining Resilience for Banks in the Digital Era With the Four Zeros
The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations
Read More
Telco-Backed Platforms Leads E-Wallet Market in Africa and the Middle East
Africa and the Middle East boast 12 prominent e-wallets. These platforms are primarily provided by telecom companies, enable users to
Read More
Flutterwave Appoints Former Central Bank of Nigeria Director as Chairman
Flutterwave has announced the appointment of Dipo Fatokun as the new Chairman of Flutterwave Technologies Solutions Limited. He brings a
Read More
Top 10 Fintech Events in Africa to Attend in Q2 2024
Africa is emerging as one of the fastest-growing fintech markets globally. With half of the world’s mobile money accounts and
Read More
Being a Non-Bank Entity Gives M-Pesa Competitive Advantage
Despite M-Pesa appearing to emulate the operations of a bank, its true advantage lies in its distinct identity as a
Read More
South Africa Issues Draft Regulations for Digital Nomad Visa, Joining Namibia, Mauritius
South Africa is the latest country on the African continent to be jumping on the digital nomad bandwagon, joining jurisdictions
Read More
Partech Africa Closes Fund Above $300 Million and Opens Office in Lagos
Partech, the global technology investment firm, announced the final closing of its second Africa fund, Partech Africa II, at a
Read More
10X Banking Expands to Africa
10x Banking, the transformational cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, has announced a
Read More
10 African Startups Dominate 75% of Fintech Equity Africa Funding in 2023
In 2023, 75% of all equity funding secured by African fintech startups went to ten companies. These firms, which span
Read More
The E-Invoicing Exchange Summit: Harnessing Global E-Invoicing Best Practices for the Middle East
Governments and tax authorities are driving the need for businesses to adopt E-Invoicing across the globe. As more countries across
Read More
The Top Nigerian Fintech Products According to The Nigerian Tech Ecosystem Movie
On December 20, 2023, Peace Itimi, the host of Founders Connect, a YouTube show that interviews up-and-coming entrepreneurs in the
Read More
Middle Eastern and African Region Sees Neobanking Sector Picking up Steam
Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role
Read More
Fxview Spearheads Innovation in South Africa
Fxview, a leading Forex and CFD industry player operating under the Finvasia Group financial conglomerate, shakes up the financial scene
Read More
IFC Invests in New Private Equity Fund Targeting Financial Inclusion Startups in Africa and Asia
IFC announced an investment in a new fund by Apis Partners LLP, a private equity firm, to help innovative mid-cap
Read More
Yellow Card Is the First Fintech in Africa to Launch PayPal USD (PYUSD)
Yellow Card becomes the first fintech on the continent to launch PayPal USD (PYUSD). This new stablecoin from PayPal, issued
Read More
Africa’s SuperApp Gozem Goes Fintech With Acquisition of Benin
Gozem, Africa’s Super App, announced its acquisition of Moneex, an innovative Fintech app from Benin dedicated to provide global banking
Read More
Unlocking the Future of Consumer Lending with AI and Automation
With the ever-evolving landscape of financial technology, consumer lending has never been more accessible and efficient – in large part,
Read More
Oceanbase Supports Palmpay to Reduce Its Database Cost by 80%
OceanBase, an enterprise-level distributed relational database provider, announced that its database solution has been deployed and put into operation in
Read More
Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud
Temenos announced that Africa and Gulf Bank (AGB), one of the progressive banks in Sudan, has selected Temenos to modernize
Read More
Despite Growth and Potential, Fintech Development Faces Challenges in Nigeria
In Nigeria, the fintech industry has expanded well beyond payment services to now encompass a wide range of segments, including
Read More
His Excellency President Paul Kagame to Open Mobile World Capital Kigali 2023
The GSMA announced that His Excellency Paul Kagame, the President of the Republic of Rwanda, will formally open MWC Kigali
Read More
IFC Invests $50 Million into LeapFrog Emerging Market Private Equity Fund
IFC announced an investment in a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to
Read More
Increasing Usage of eKYC in Africa
In the first half of 2023, businesses in Africa embraced digital transformation at a fast pace, fueling demand for innovative
Read More
Financial Inclusion Improves in Tanzania, Facilitated by Mobile Money
In Tanzania, financial inclusion is improving at a rapid pace, facilitated by the proliferation of mobile phones and a significant
Read More
Addpay and Wiseasy Unveil Game-Changing Android Payment Solutions
In a pivotal moment that heralds a transformative era for African fintech, cutting-edge Android payment devices are reshaping the paradigm
Read More
5 Agri-Fintech Startups from Africa to Know
In recent years, the emergence of agritech and fintech providers in East and Southern Africa (ESA) has brought about innovative
Read More
South African Insurtech Startup LeaseSurance Raised $3M Seed
LeaseSurance, a South African Insuretech platform underwritten by Bryte, has successfully raised R3million in a seed financing round led by
Read MorePopular Posts
Salt Telco’s Fintech Arm Tackles Micro Lending in Africa—And Potentially Europe
Peer to Peer (P2P) Lending Market is projected to grow at a CAGR of 51.5% from 2016 to 2022, to reach
Read More
Fintech Emerges as Kenya’s Most Prevalent Tech Startup Sub-Sector
In Kenya, fintech has emerged as the country’s most prevalent tech startup sub-sector, accounting for 30.2% of all young tech
Read More
10 Top Fintech Startups in Egypt to Keep an Eye On
As one of the most populous countries in the Middle East topped with a large unbanked population Egypt is fertile
Read More
Why Are 80% of Central Banks Looking into Digital Currencies?
In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70%
Read More
10 Insurtech Game Changers
Insurtechs enable insurance carriers to innovate much faster than they do today. Their innovative solutions dramatically improve the primary process
Read More
Why Egypt’s Fintech Boom is Inevitable
Here are a few facts about Egypt. The country is home to 100 million people, making it the most populous
Read More
Fintech to Solve Financial Exclusion in Egypt
In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of
Read More
Fintech In South Africa: A Quick Overview
Market demand for innovative products and services has been pushing fintech innovation in South Africa. In respond to the rapid
Read More
Egypt’s new national card meeza Accepted now on PayFort’s Payment Gateway
PayFort, an Amazon company, has announced that merchants using its online payment gateway will now be able to accept payments
Read More