fintech news – Page 2 – Africa Fintech Network

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

Ghana’s National ID cards can now make payments

Ghana’s National Identification Authority (NIA), a statutory body mandated to establish a national identification system, has now added a digital wallet to the Ghana Card, the identification card

M-PESA Africa engages Stanford Business School on role of fintech in economic transformation

M-PESA Africa has hosted a delegation from the Stanford Graduate School of Business to explore the impact of digital financial infrastructure on economic growth and transformation. The

Paymentology and Bank Zero Partner to Expand Access to South Africa’s Financial Ecosystem

Paymentology, the leading global issuer-processor, today announced a new partnership with Bank Zero to accelerate access to modern digital banking in South Africa. As Bank Zero’s first

Flutterwave and Kulipa Partner to Launch Stablecoin Payment Cards Across Africa

Flutterwave has announced a strategic collaboration with Kulipa, alongside Turnkey and Our Nuvion, aimed at enabling stablecoin-based payment cards and improving the usability of digital assets across Africa.

After years of trying, Moniepoint breaks into Kenya with Sumac acquisition

Moniepoint has finally secured entry into Kenya after completing the acquisition of a 78% stake in Sumac Microfinance Bank. The deal marks the end of a

KashNow Strengthens Fintech Position with Egypt Startup Label Approval

KashNow has announced a significant step forward in its growth journey, revealing that it has been approved as part of the process to obtain Egypt’s Official

How PAPSS is fixing Africa’s cross-border payments, four years on

When the Pan-African Payment and Settlement System (PAPSS) launched in January 2022, it aimed to address one of Africa’s most persistent trade barriers: the high cost and

Fincra Secures Canadian PSP License, Enhancing Africa Canada Payment Infrastructure

Cross-border payments between Africa and global markets are still too often slow, fragmented, and expensive. For businesses, platforms, and individuals moving money between Canada and

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