Alpaca Raises $150M, Reaches Unicorn Status
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
Mastercard, Visa and Revolut lose UK legal challenge over card fee cap plans
In late 2024, the PSR decided to push ahead with plans to introduce a price cap on the fees Visa and Mastercard charge UK merchants when European
Big payments upgrade in South Africa
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
Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
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
Leveraging AI to Bypass the Smartphone Barrier and Advance Digital Inclusion in Africa
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
Ripple Clears Cross-Border Payments Hurdle With EU Approval
Ripple says it has secured an electronic money institution license in Luxembourg. The cryptocurrency company announced the approval Wednesday (Jan. 14), calling it a “significant step” in its
Network International and flydubai Partner to Deliver Seamless Airport Payments
Network International (Network), a leading fintech company in the Middle East and Africa, and flydubai, the Dubai-based carrier, have announced a collaboration to deliver an enhanced, seamless payment experience
Zambia launches digital skills trainer program to scale public sector capacity
The SMART Zambia Institute launched a digital skills training-of-trainers program on January 12, in Ndola, aimed at building a pool of educators capable of scaling
FUNDING | PayCrest Raises Over $400,000 Pre-Seed to Build Decentralized Stablecoin–Fiat Settlement Infrastructure
Paycrest is building decentralized infrastructure that coordinates fragmented stablecoin and fiat liquidity to enable predictable, cross-border settlement. Rather than iterating on existing payment rails, the
Julie Neogy- Driving Innovation, Inclusion, and Cross-Border Growth
Spotlight Summary Career Focus: Driving inclusive digital finance, cross-border payments, market expansion, and ecosystem growth across Africa. Country / Region: South Africa, Ghana Key Moment: