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Africa FinTech Network

BNI Madagascar launches custom Temenos platform with Orion

BNI Madagascar has adopted a reimagined version of the Temenos digital banking platform, deployed with support from Orion Innovation.

The deployment marks a move toward overhauling the bank’s digital experience, with a new mobile application that diverges from standard templates to introduce an interface designed for local user expectations.

The reimagined app was developed through a close collaboration between Orion and BNI Madagascar, in a process that aimed to align with the bank’s long-term strategic goals and visual identity. According to officials from Orion, the effort involved navigating various design elements and technical specifications to produce a system that could support future expansions while streamlining existing operations.

Read more: https://thepaypers.com/fintech/news/bni-madagascar-launches-custom-temenos-platform-with-orion 


How Integration Is Powering Zambia’s Digital Payment Future

Zambia’s financial sector is undergoing a meaningful digital shift. Nearly 70 per cent of adults now access payment services – including bank accounts, mobile money and microfinance – marking steady progress toward a more integrated and inclusive payments ecosystem. With the government’s eGov modernisation efforts gaining momentum, the foundations are in place for connected, future-ready infrastructure. As digital adoption continues to rise, so too does the opportunity to strengthen and unify the country’s payments landscape.

Many banks, mobile money operators and fintech platforms have historically operated on separate systems, which makes seamless transactions across platforms challenging for consumers. This interoperability gap, once a major hurdle to inclusive digital growth, is now seen as a catalyst for innovation, and institutions across Zambia are actively collaborating on solutions to bridge systems and enable smoother, more inclusive digital transactions.

Read more: https://cioafrica.co/how-integration-is-powering-zambias-digital-payment-future/ 


M-KOPA Turns Smartphones into Financial Lifelines with 1 Million Devices Sold Across Africa

M-KOPA, a fintech company launched in Nairobi and recognized for its role in introducing pay-as-you-go solar and asset financing across Africa, has reached a significant benchmark: selling more than 1 million branded smartphones within a year of launch. However, these devices go beyond typical mobile use, they serve as entry points to financial services.

M-KOPA’s proprietary line of smartphones now available in five African countries—comes integrated with its Smart Money Platform, granting users seamless access to micro-loans, health coverage, device insurance, and other digital financial tools. The goal is clear: transform the smartphone into both a communication device and a portable financial hub.

Read more: https://www.techinafrica.com/m-kopa-turns-smartphones-into-financial-lifelines-with-1-million-devices-sold-across-africa/ 


Paymenow Gets $22M Boost to Scale Early Wage Access in Africa

Standard Bank has extended a credit facility of 400 million rand (approximately $22 million) to South African fintech Paymenow, aimed at scaling its early wage access platform. Announced on July 8, 2025, the funding will support Paymenow’s regional expansion throughout Southern Africa.

Paymenow enables workers to withdraw a portion of their earned wages ahead of payday without incurring any fees or interest. The platform is designed to support employees facing urgent financial needs and to reduce their reliance on informal lenders or costly credit options.

Read more: https://www.techinafrica.com/paymenow-gets-22m-boost-to-scale-early-wage-access-in-africa/ 


Bitget launches institutional services in Nigeria to empower fintech innovation

Bitget, the leading cryptocurrency exchange, and Web3 company, has officially launched its institutional services in Nigeria, offering fintech companies a robust platform to build innovative solutions on top of Bitget’s suite of institutional-grade offerings. This milestone marks a significant step in unlocking access for Nigerian fintech companies to access world-class trading tools, white-label solutions, and liquidity infrastructure.  

The new institutional service suite equips fintech startups and enterprises with an open framework to leverage Bitget’s advanced trading architecture. Features include API integration for trading operations, proof of reserves to guarantee transparency, broker system capabilities, and access to the Bitget Protection Fund, securing client funds in a volatile market. This launch shows Bitget’s commitment to supporting financial empowerment and innovation in Nigeria’s thriving fintech ecosystem.  

Read more: https://techcabal.com/2025/07/14/bitget-launches-institutional-services-in-nigeria-to-empower-fintech-innovation/


Government vows to make UK ‘fintech capital of the world’

Fintech will be a crucial part of the Leeds Reforms to rewire the financial system, boost investment and create skilled jobs across the UK, says Chancellor of the Exchequer Rachael Reeves.

Fintechs will receive intensive support through the start-up phase, helping them create a proven concept and attract growth funding. A single regulator point of contact will also help these businesses through the scale-up phase, providing technical support to help understand requirements and speeding up regulator responsiveness.

Read more: https://www.finextra.com/newsarticle/46298/government-vows-to-make-uk-fintech-capital-of-the-world