Bank of Ireland UK fined £3.7 million for implementing anti-fraud tool 14 months too late
The Irish bank initiated CoP 14 months after the 31 October 2023 deadline. As a result, the safeguard was not applied to transactions involving more
Affinity Africa Partners with Cisco Foundation and FINCA Ventures to Expand Financial Inclusion
Affinity Africa, Ghana’s leading digital banking platform, has joined forces, for the second time, with the Cisco Foundation and FINCA Ventures through a program aimed at advancing financial resilience across Africa.
Ripple’s XRPL Expands as ORQO Launches Soil Yield Product for RLUSD
ORQO Group has expanded its Soil fintech platform to the XRP Ledger. The launch allows RLUSD stablecoin holders to earn asset-backed yield through compliant on-chain
Africa Leads the World in Stablecoin Spending, Nigeria and South Africa at the Forefront
Africa is emerging as one of the world’s most active stablecoin markets, with Nigeria and South Africa at the forefront of real-world usage, according to the
Ghana’s Points Africa Raises $2M to Build Continent-Wide Loyalty Currency
Points Africa, a Ghana-based fintech, is building Sub-Saharan Africa’s first shared loyalty network, allowing customers to earn and redeem a single reward currency across multiple merchants,
Debt Financing Reaches All-Time High in African Tech: The $1.6B Milestone
Something structural is shifting in how African tech companies raise money, and most of the conversation about African startup funding is missing it. In 2025,
Ericsson and Mastercard Collaboration Aims to Accelerate Digital Payments Worldwide
Ericsson and Mastercard announce a collaboration to reshape how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move – Mastercard’s
Visa Launches North Africa Sub-Region to Fuel Digital Payment Growth
Visa formed a new sub-region that includes Egypt, Libya and Sudan, saying the move will advance its strategic growth plans in the wider North Africa, Levant and Pakistan
Dutch Good Growth Fund Partners with First Circle Capital to Boost Early-Stage African Fintech
The Dutch Good Growth Fund (DGGF) has announced a partnership with First Circle Capital (FCC), a female-led, first-time fund manager focused on early-stage venture capital in Africa. FCC is
South Africa’s Araxi Acquires Fintech Pay@ for $62m to Consolidate Regional Payments
In a significant consolidation of the Southern African fintech space, JSE-listed Araxi Limited (formerly Capital Appreciation Limited) has agreed to acquire an 80% stake in