Global crypto card payment volume reached $1.5 billion per month in August, up from about $100 million per month in January 2023, Artemis said in a report released Thursday
A new Pan-African digital payment platform, SpendEase, has officially commenced operations across Nigeria, Ghana, South Africa, and Kenya, offering seamless cross-border payment solutions. This is
Nigerian fintech company Cardtonic has closed a $2.1 million seed funding round to develop Pil, an independent business spending and expense management platform. This signals the company’s
Kuda is set to launch its remittance services in Tanzania and Canada, following successful testing in both countries. The digital bank announced this update in a
The National Bank of Egypt (NBE) has signed a short-term financing agreement of up to EGP 3 billion with U Consumer Finance, operating under the brand name Valu, one
Alpaca, a US-based brokerage infrastructure provider, has raised US$150 million in a Series D funding round led by Drive Capital, valuing the company at US$1.15
The South African Reserve Bank (SARB) is working on a new payments standard to drastically improve scan-to-pay transactions in South Africa. The development and implementation
Nigerian fintech Paystack, a digital payments company, said on Wednesday it is moving into banking with the launch of Paystack Microfinance Bank, expanding beyond its
Africa’s digital transformation is often defined by connectivity statistics. Yet connectivity alone tells only part of the story. Widespread mobile network coverage exists across the