Africa’s tech Accelerator, Startupbootcamp AfriTech, together with founding partner and leading telecom giant, Telecel Group have selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Program (ASIP). The intrinsic value of startups [c]
By Bongani Sithole COVID-19 had a profound impact on the globe, leading to changes both seismic and small in how we live our lives. The pandemic has also fueled a substantial increase in health and biotech [c]
By Mikhail Marchenko Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the inevitable processes in fintech, changing its landscape completely: indeed, we have witnessed [c]
Payments technology company, Cellulant has been named as the “Top Payments Gateway Brand in Kenya” at the Top Star Brand Awards 2022. The award recognises Cellulant as a leader in fintech and payments acknowledging the [c]
By Chris Akolo Kenyan consumers have expressed a strong desire to buy more discretionary products during the festive season while coming out of the pandemic. However, Christmas and New Year’s Eve holidays for many online [c]
Appzone, one of Africa’s major fintech software providers, has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. By building Africa’s first layer-1 blockchain network, Zone will enable payments and the acceptance of digital currencies [c]
ThriveAgric, a start-up that champions technology to transform the payments landscape for smallholder farmers, has been crowned winner of the Visa Everywhere Initiative (VEI), a global open innovation program and competition for start-ups and fintech [c]
OneOrder, the Egyptian fintech-enabled restaurant management platform which provides food supplies to hotels, restaurants and cafes, has announced the close of a $3 million Seed round. Led by Nclude, this round also sees follow-on investment [c]
The Anzisha Prize, Africa’s entrepreneurship initiative for young people between the ages of 15 and 22, has named the next cohort of 30 exceptional young entrepreneurs that will join its three-year Venture Building Program. Launched [c]
In a panel conversation at this year’s AfriTech conference, digital transformation was described as being one of Africa’s biggest drivers of economic growth, job creation, and optimisation of businesses across Africa. Africa’s fintech sector, for [c]
The second edition of the Afrifursa Fintech Summit, AFRIFIN, will be held on September 22, 2022. After an inaugural edition that registered more than 440 participants and top-tier stakeholders from the global fintech space, as well as [c]
Moove, the Nigeria-based mobility fintech and Uber’s largest vehicle supply partner in Africa, Middle East and Europe (EMEA), has announced its launch in India as a part of its global expansion. Moove, which provides revenue-based [c]
Safaricom has commenced a two-day summit forum for industry and other related stakeholders to showcase new technology and emerging trends while bringing together a community for Kenyan engineers. The summit is informed by the fast-changing [c]
Equity Bank has been feted as the Best Bank in Kenya in the 2022 Think Business Banking Awards for the 11th consecutive year, reinforcing the Bank’s position as a market leader in the financial sector. Besides [c]
Luno, a wholly-owned subsidiary of Digital Currency Group (DCG), has announced the launch of Luno Expeditions, a global, early-stage investment arm to support the best fintech and crypto/web3 founders on their journeys to build the [c]
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, has announced its $75 million Growth Equity round. The round was led by Generation Investment [c]
Pan-African fintech enablement partner, Ukheshe Technologies, has appointed Darryn Botha as its Chief Information Officer (CIO). Botha’s role will include overseeing data security, maintaining a stable IT infrastructure, while enabling Ukheshe’s business strategy and improving [c]
Earnipay, a financial technology solution that provides flexible and on-demand salary access to income-earners, has closed a Seed round of $4 million led by Canaan and with participation from XYZ Ventures, Village Global, Musha Ventures, [c]
Stitch, the API fintech company, has announced a $21 million Series A funding round, led by The Spruce House Partnership. Stitch will use the funding to continue building the future of money movement by linking bank [c]
The Visa Everywhere Initiative (VEI), a globally open innovation program is inviting fintech and payment startups to showcase their innovative products and solutions, with finalists set to gain firsthand exposure to key fintech stakeholders from [c]
In a move that will see enhanced financial services for people in Egypt, Mastercard and Egyptian fintech Kashat have signed a five-year agreement that will digitize the onboarding, disbursement, and collection processes for MENA’s first [c]
NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech Moove. The asset-backed venture debt marks the sixth [c]
The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sale lending is [c]
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has announced a £3 million investment into IMFact, an expanding fintech company that uses supply chain financing to provide working capital to micro, small and [c]
Kenya’s Tanda, a fintech company that is building an ecosystem to enable people to access essential financial services anywhere, has partnered with Twiga to enable access for all their vendors and customers. Through the deal, [c]
Digital banking fintech startup Kwara has partnered with Workpay to offer Savings and Credit Co-operative Societies (SACCOs) in Kenya with human resource management (HRM) and payroll processing solutions. The partnership will enable SACCOs to automate [c]
There are several trends that have dominated the African cybersecurity landscape in 2021. The continent remains a point of investment interest as connectivity and mobility continue to grow – with only 38% of the population [c]
Asilimia, a startup that is building the digital infrastructure to connect African MSMEs to the formal financial economy, has secured $2 million to grow its team, deliver new services and expand into new markets in [c]
Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7 million in funding to address the heavily underserved banking needs of local [c]
C-level executives, industry experts, policymakers and government officials at Huawei’s 2021 East Africa BFSI Summit to discuss the current challenges, business opportunities and identify solutions aimed at shaping the future of fintech. In attendance were [c]
The Afrifursa Fintech Summit will launch its inaugural event virtually later this month, presenting a unique opportunity to connect the African and Canadian fintech ecosystems. Participants at this highly-anticipated Summit will engage in social impact [c]
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