African fintech news – Page 5 – Africa Fintech Network

Super Group launches rand-backed stablecoin to cut payment costs in Africa

Super Group, the New York-listed owner of online betting brand Betway, has launched a South African rand-backed stablecoin as it pushes deeper into digital payments and looks

Danish startup FlatPay joins the club of European fintech unicorns to track

Flatpay, which facilitates card payments for SMBs, has joined the ranks of European fintech unicorns — or startups valued at more than $1 billion —

Cairo Amman Bank deploys iris recognition to disburse payments to unbanked workers

In Jordan, the apparel sector relies heavily on a large migrant workforce, many of whom lack access to bank accounts and remain unbanked. Wage payments

‘Entrepreneurship To Flourish’: Africa’s Instant Payments Hit 64 Billion Transactions, New Report Shows

The new report shows transaction volumes have grown at an average annual rate of 35% since 2020. Africa’s instant payment systems processed 64 billion transactions

Mastercard and Zenith Bank Launch Essential Debit Card to Boost Financial Inclusion in Nigeria

Mastercard and Zenith Bank have collaborated to launch the Essential Debit Card, scalable solution designed to enhance access to secure digital payments in Nigeria. The card is tailored

Nigeria’s, others’ instant payments hit $2tr driving inclusivity

Nigeria’s and other Africa’s digital payments landscape is expanding at a record pace, marking a turning point towards more inclusive interoperable financial systems. According to

Finextra & Cloudera release global survey report on the state of AI adoption in financial services

AI is no longer a future prospect, but a central driver of transformation in financial services; yet regulatory, security, and data governance challenges continue to

XTransfer and MayBank to expand cross-border payments and Shariah-compliant solutions in ASEAN

Coinciding with Singapore FinTech Festival 2025, senior representatives of XTransfer and Maybank officially signed the Memorandum of Understanding (MOU) at the event. Bill Deng, Founder

Sierra Leone and Guinea Unite to Boost Cross-Border Mobile Connectivity

At the 15th Session of the African Council of Regulators (RAC-15), the Republic of Sierra Leone and the Republic of Guinea reached a landmark milestone

Cardri wants to power intra-African trade with instant payments and AI risk management

In Africa, one of the most persistent problems, especially for trade, remains the movement of money across borders. Despite numerous fintechs entering the fray, transferring

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Tag: African fintech news