Orange Tunisia & Flouci Join Forces for Seamless Mobile Payments
Flouci, an innovative and approved Tunisian player in mobile payment solutions, and Orange Tunisia, a leading operator in digital and information technology, have formalized their partnership to develop the digital payment experience.
Thanks to this collaboration, Orange Tunisia customers can now instantly top up their mobile line or Internet plan directly via their Flouci wallet, integrated into the Max It application.
Paystack fined ₦250m as CBN tightens fintech oversight in Nigeria
The Central Bank of Nigeria (CBN) has imposed a ₦250 million ($190,000) fine on Paystack.
Per TechCabal, the fine is for allegedly operating its new product, Zap, without the appropriate licence.
Zap, a peer-to-peer money transfer app launched in March, functions as a wallet, which requires a microfinance or banking licence.
Read more: https://techpoint.africa/news/paystack-fined-250m/
Nigerian fintech startup Bankly acquired by C-One Ventures
Nigerian fintech startup and licensed microfinance bank Bankly has been fully acquired by C-One Ventures in a deal which will see Bankly’s services, licenses and talent integrated with complementary offerings from other companies within the C-One Ventures portfolio.
Founded in 2018, Bankly is digitising the informal “thrift collections” system – known as ajo, esusu and adashe – that is widely used among Nigerians working in the informal sector.
Although the system is popular because it works completely offline, it has inherent security risks, limited access, and a lack of customer data, which Bankly addresses by allowing participants to save their money using both online and offline methods. Customers can deposit and withdraw cash with a Bankly agent or make payments using its app or USSD function.
Read more: https://disruptafrica.com/2025/05/01/nigerian-fintech-startup-bankly-acquired-by-c-one-ventures/
Financial experts list factors critical to reshaping cross-border payments
Financial experts have said that interoperability and innovation are critical to fundamentally reshaping cross-border payments.
They pointed out that leveraging existing infrastructure and fostering new technological advancements are essential to creating seamless and efficient international transactions across the regions.
This was discussed during the 2025 Africa and Middle East Depositories Association Conference (AMEDA 2025) in Lagos on Friday.
In a sparse fintech landscape, two new startups prepare to make their mark in Botswana
In 2023, Botswana’s fintech ecosystem could be described as nascent; only one recognised startup was operational at the time, and the Fintech Association of Botswana (FAB) had just launched. Today, two promising players, N2 Pay and Pathetic Inc., are preparing to make their mark in the market—each offering distinctive approaches to digital finance in a country where mobile money and digital banking are still taking shape.
Despite the formation of FAB, both startups have largely charted their own paths, reflecting the early-stage nature of the fintech environment in Botswana. Lemo Seitei, Secretary General of FAB, sees potential in these startups and noted that FAB is working to shape a more enabling ecosystem through partnerships, incubation programs, and regulatory support, which may have indirect implications for these emerging startups.
Cross-Border Fraud: How AI and International Cooperation Are Combating Financial Crime
The globalization of the financial world has not only brought markets closer together but also created new opportunities for criminals. Cross-border fraud is rapidly evolving into the greatest threat to the integrity of the global financial system. According to the INTERPOL Global Financial Fraud Assessment (March 2024), fraud has reached epidemic proportions, with transnational crime networks defrauding individuals, businesses, and even governments on a massive and global scale.
Organized international fraud networks exploit regulatory loopholes and technological advances to establish complex fraud schemes. Business Email Compromise (BEC), investment fraud, and hybrid “romance baiting” scams – all are increasingly operating across borders. According to INTERPOL, a large proportion of these attacks originate from internationally networked groups leveraging emerging technologies such as AI, deepfakes, and cryptocurrencies to scale and conceal their operations.
