Nigerian Fintech Raenest Raises US$11mn in Series A
Raenest, a Nigerian fintech with operations in Kenya, has raised US$11 million in its Series A round to invest in market expansion and product upgrades. Our journey over the [...]
Fintech OAPay Expands Remittance Services to Kenya, Four Other Markets
OAPay, a fintech licensed in the UK and several states in the United States, has expanded operations to Kenya, Ghana, Nigeria, Uganda, and Tanzania. “Our mission is to provide the [...]How Yellow Card's API Integration Aligns with Kenya's Plan for Crypto Regulation
Yellow Card’s Payments API is posturing itself as a robust avenue for providing on-and-off ramp solutions across 20 African countries. Customers can leverage on the multiple payment options and the [...]Airtel, MTN Mobile Money Services Under Investigation for Misleading Customers
The COMESA Competition Commission is probing mobile money services of regional telecom operators Airtel and MTN for misrepresenting crucial information on incurred transaction charges. “The alleged conduct is considered misleading [...]Central Bank of Ireland Approves LemFi's Acquisition of Irish Fintech Bureau Buttercrane
LemFi, a London-based startup specialising in international payment services for immigrant communities in the UK, USA, Canada and Europe, has obtained regulatory approval from the Central Bank of Ireland to [...]
Kenyan Fintech Associations Form Umbrella Body
Five major representative associations in the fintech sector have formed an umbrella body called The Fintech Alliance (TFA) to drive the growth and development of the industry. By uniting under [...]
The Future of Fintech in Africa
Many businesses in Africa depend on Fintech solutions to facilitate cross border payments in the over 42 different currencies across the continent. The Fintech industry has transformed the monetary ecosystem [...]LemFi Raises US$53mn in Series B Funding Led by Highland Europe
LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe. London, Lagos, Los Angeles and Toronto, 14 January [...]Top Fintech Companies in Africa to Watch in 2025
Fintech companies have been a hot commodity in the African tech scene and for good reason. Fintechs are disrupting the financial and banking services sector, one of the world’s slowest-moving [...]
African Unicorns: The Most Funded Startups in Africa by 2024
In 2024, Africa minted two new unicorns, Moniepoint and Tyme, bringing the total number of startups valued above US $1bn to nine. The past two years have been difficult for [...]Airtel Money Partners with Chinese Company Running the Nairobi Expressway
Airtel Money will collaborate with the Moja Expressway Company, the Chinese firm that manages the Nairobi Expressway, to introduce the mobile money service as a payment option for toll fees. [...]Columbian Fintech Minka Launches in Uganda, Bridging Gaps Between Financial Ecosystem Operators
28 November 2024 KAMPALA, UGANDA: Prolific Columbian fintech startup Minka is happy to announce that it is bringing its wealth of experience from building and improving real-time payment [...]
