FinTech
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855Grey raises $2M to simplify cross-border payments across Africa
Grey, a Nigerian fintech created to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. “Grey...
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704Ecobank Group Launches 2022 Edition of its Fintech Challenge with US$50,000 Prize Money up for Grabs
Pan-African banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter...
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1.5KRoam and M-Kopa Partner to Deploy E-Bikes in Africa
Roam has signed a supply agreement with M-KOPA, the fintech platform that provides credit and digital financial services to underbanked consumers in Africa....
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1.0KAfrica fintech and crypto leaders to connect at the Africa Money and DeFi Summit in Ghana this September
As the rapid growth of fintech continues and the birth of decentralised finance (DeFi) grows across Africa, leading fintechs, investors, crypto platforms, ventures...
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988Zeepay announces Series A.5 raise of USD10 million
Zeepay, a cross-border payments company operating as a challenger mobile money company has announced a raise of USD 10 million. The medium-term...
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1.3KCBK orders banks to close Flutterwave, Chipper Cash accounts as they are not licensed
Hours after the Central Bank of Kenya (CBK), Kenya’s monetary authority said that Chipper Cash and Flutterwave were not licensed to operate...
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1.1KIFC Invests in Mobile Money Firm Wave to Boost Access to Digital Financial Services in West Africa
To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in...
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1.2KNigerian Fintech, Moove, secures $20 million credit from British International Investment
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group, has announced a $20 million, 4-year...
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1.1KNomanini launches StockNow, a digital retailer solution
Nomanini, a fast-growing fintech platform in Africa, has announced the launch of a new supply chain finance solution called StockNow that connects...
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1.3KPocketApp (formerly Abeg App) Secures AIP for Mobile Money Operator License in Nigeria
The Central Bank of Nigeria has granted an Approval In Principle to Abeg Technologies Limited, a product of Piggytech Global Limited, as a Mobile Money...
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1.0KMFS AFRICA ANNOUNCES THE EXTENSION OF ITS SERIES C TO US$200 MILLION
MFS Africa, a digital payments network, has announced that it has secured an additional US$100 million in equity and debt funding led...
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991Indicina announces a $3million Seed Fund led by Target Global with participation from Greycroft
Focused on building API-driven credit infrastructure for Africa, Indicina raised $3 million in a Seed round to foster the commitment to the...
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1.1KSafaricom partners with Visa to provide virtual cards for global transactions
Kenya’s biggest telecommunications operator, Safaricom, has launched a virtual payment card with Visa Inc, offering the more than 30 million users of...
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1.0KTalk360, International calling app, has secured $4 million in funding
International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone...
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855Mastercard and OPay announce strategic partnership to grow advance digital financial inclusion for millions
Mastercard and fintech giant OPay announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by...
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958LeapFrog and Tana invest in Interswitch
LeapFrog Investments and Tana Africa Capital have announced a strategic investment in Interswitch, a technology-driven company focused on the digitization of payments....
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588Exploring Fintech For Resilience
Panel session at Africa Tech Summit Nairobi Exploring Fintech for Resilience. The panelists discuss the impact FinTech has had on the climate...
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903Cellulant and NALA Partner to Power Low-Cost Cross-Border Payments into Africa
Cellulant and NALA have announced a partnership with the aim to facilitate seamless cross-border payments, significantly reducing transaction fees for money sent...
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1.0KKhazna receives final approval from The Central Bank of Egypt to launch its ‘Khazna Card’
Egyptian financial App, Khazna, has announced that it has obtained the final approval from The Central Bank of Egypt to launch ‘Khazna...
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931ImaliPay raises $3M to offer financial services to underserved gig workers across Africa
ImaliPay, a Pan-African fintech start-up with a focus on empowering the gig economy through its one-stop-shop financial services platform has closed a...
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998Moove raises $105m in Series A2 round to scale
Moove, the world’s first mobility fintech, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed...
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1.6KM-KOPA Secures $75M Growth Equity Round
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, today announced...
