FINTECH IN AFRICA – Page 4 – Africa Fintech Network

Egyptian Fintech Lucky Hits Profitability, Raises $23m Series B for North African Expansion

Egyptian consumer credit startup Lucky has raised a $23m Series B funding round, comprising a mix of equity and debt, as it prepares to expand across North

Mastercard and Scale Aim to Advance Card Issuance Enablement for Fintechs and Non-Financial Institutions Across Sub-Saharan Africa

Mastercard and Scale are advancing their collaboration with the aim of simplifying card issuance for fintech companies and non-financial institutions (non-FIs) across Senegal, Ivory Coast, Kenya, Zambia and

Regulatory Passporting and the Future of Cross-Border Fintech in Africa

When Nigerian fintech companies expand across Africa, the technology often travels easily. Payments APIs integrate quickly, merchants understand the products, customers adopt digital wallets and

Africa’s Small Businesses Deserve World Class Banking

Sub-Saharan Africa faces an estimated US$ 100 billion financing deficit for MSMEs. Closing this gap will require coordinated action from commercial banks, credit unions, mutual

MTN completes Ghana mobile money spinoff in major fintech push

MTN Group, Africa’s largest telecommunication company, has completed the separation of its mobile money business in Ghana, in a move to turn fintech into a

Italy fines Revolut €11.5m

Revolut says it will appeal the decision in court, with the firm telling Reuters in a statement: “We remain confident that our communications are clear

Ripple Treasury Launches the First Treasury Management System With Native Digital Asset Capabilities

A treasury management system now offers native digital asset capabilities for the first time, giving CFOs a unified real-time view of fiat and digital liquidity

AFDB has Approved €7.5 Million to Boost Continent’s Tech Start-ups

The African Development Bank (AfDB) Group has approved a €7.5 million investment in the Breega Africa Seed I Fund, marking a major push to finance

Flutterwave Secures Nigerian Banking License to Accelerate Payment Efficiency

Flutterwave Inc., Africa’s leading payments technology company, today announced it has secured a Nigerian banking license. This license enables the company to hold funds and

CBN gives banks 21 days to grade their cyber defences

The Central Bank of Nigeria (CBN) is tightening the screws on cybersecurity, and this time, it wants the industry to grade itself first. In a circular

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