PesaPal Loses KSh232M in Tax Appeal Case
Payment Services provider PesaPal has suffered a setback in a KSh232.2 Million tax dispute with the Kenya Revenue Authority (KRA). The Tax appeal tribunal threw out an appeal filed by [...]
Flutterwave downplays freeze of accounts, wallets by Kenyan High Court
Africa’s payment company Flutterwave has confirmed freezing of some of its accounts and mobile money wallets in Kenya following High Court order. In a statement, the company downplayed the new [...]Visa Launches Africa Fintech Accelerator Program to Support Start-ups
Visa, a global leader in digital payments, has unveiled its new Visa Africa Fintech Accelerator program aimed at empowering and fostering the growth of Africa's expanding fintech community. The initiative [...]Flutterwave Teams Up with Token.io to Enhance Cross-Border Transactions
Fintech firm Flutterwave has announced a partnership with Token.io, a top account-to-account payment infrastructure provider in Europe, to offer Pay By Bank transfer services. This collaboration allows Flutterwave to give [...]Africa Day: My Vision for Payments in Africa – Olugbenga GB Agboola
I was scrolling through Twitter and saw a few tweets about a yet-to-be-launched product we’d been building. Our Social Media Team had created an account for it and some well [...]African Payment Systems Trends to Expect in 2024
Following a challenging economic period, Africa is poised to experience the second-highest growth rate globally in 2024. The significance of modern and efficient payment systems is on the rise across [...]
US Govt Partners with Africa Fintech Summit
Officials from the Department of State will highlight the U.S. commitment to supporting Africa’s digital transformation at the Africa Fintech Summit on April 12 at theWalter E. Washington Convention Centerin [...]AWS’ footprint in Africa continues to expand with the launch of the AWS FinTech Africa Accelerator program
Amazon Web Services (AWS), the cloud computing division for the world’s largest e-commerce retailer, Amazon, continues to strengthen its footprint in Africa with a call-for-applications from early-stage startups to join [...]US Govt's Prosper Africa joins hands with Africa Fintech Summit
Prosper Africa, a US Government initiative aimed at increasing two-way trade and investment between the US and African countries, has announced its sponsorship of the Africa Fintech Summit in 2023. [...]YC backed Verto launches USD accounts with funds 100% Safeguarded for African Startups, Enterprises and VCs: Platform used by MTN, Jumia, Maersk and Interswitch
Verto, London-based and authorised by the UK FCA as an Electronic Money Institution, has launched 100% Safeguarded USD accounts that see funds deposited held in protected accounts. Following the recent [...]Flutterwave expands its services in East Africa with new licenses in Rwanda
Flutterwave, Africa's leading payments technology company, has received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda. This move will help the company expand its operations [...]Kenyan Consumers Show Strong Savings Culture Despite Financial Challenges; Tala Money March report
Tala, a fintech licensed and regulated by the Central Bank of Kenya, recently conducted research to understand the impact of the cost of living on its customers in the Kenyan [...]
