Fin-Tech
Stay abreast of financial technology trends, resources, and solutions that facilitate business expansion and enhance the accessibility of financial services. Explore further into digital innovations and their profound impact on reshaping financial services, rendering transactions more convenient. Keep abreast of the latest developments in the financial realm. Stay informed on how corporations are leveraging technology to elevate financial management practices and propel growth.
Overcoming the treasury challenges of operating in Africa
Africa’s economy holds a lot of promise and growth prospects for international businesses, but one of the continent’s major challenges is its fragmented payments ecosystem.
Payday Secures $3M Seed Round to Power the Future of Work for Africa
Pan-African neobank Payday has raised $3m in a seed round led by Moniepoint, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors.
Apis Partners leads €29M (US$31M) Series A funding for African fintech Peach Payments.
Apis Growth Fund II, a UK-based private equity fund managed by Apis Partners, plans to invest €29 million (US$31 million) in Peach Payments, a digital payment service provider operating in Africa.
32 Startups Selected for the Financial Solutions for Migrants Accelerator Program
Impact-driven startups developing digital financial inclusion solutions for migrants have been selected by Village Capital to participate in the Financial Solutions for Migrants program.
Opportunik Global fund set to break barriers through its African and diasporan-focused investment fund
Opportunik is a private wealth fund that aims to give Africans and Diasporans access to global investments with minimal currency or political risk.
Nigerian FinTech Touch and Pay (TAP) Launches New Booking Solution
Touch and Pay Technologies (TAP) is a Nigerian fintech company that has introduced a digital payment solution for interstate travel from Lagos, Nigeria’s largest city, to other parts of the country.
50 African tech founders launch Pando DAO to drive development across Africa
The African IT sector has been growing steadily in recent years. With roughly a thousand acquisitions expected this year, venture capital on the continent is anticipated to surpass $7 billion, making it an anomaly in the current global funding slowdown.
Nigerian fintech infrastructure startup Bloc acquires payments company Orchestrate
Nigerian full-service fintech and Banking-as-a-Service (BaaS) infrastructure provider Bloc has announced its acquisition of Getwallets, the wallets-as-a-service provider that has now recently pivoted to become payments orchestration company Orchestrate.
SendSprint Hits The Market With $5 Flat Fee For All International Money Transfers
SendSprint, a money transfer startup based in the U.K. but with operations in the U.S. and Nigeria, has been launched today with the unique selling point of a $5 flat fee for all transfers.
IFC invests in Wave, a mobile money company, to increase access to digital financial services in West Africa
IFC, a global development organization, has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., mobile money companies that are assisting with lowering pricing and extending services in the region.
Africa-focused fintech startup Fido raises $30M round from Fortissimo Capital and Yard Ventures, Harvard alumni venture capital fund
With $150M worth of loans already disbursed, Fintech startup Fido’s series-A funding round accelerates the company’s growth ahead of Africa expansion. Fido will also use the funds to establish an R&D center and tech hub in Ghana.
Bitcoin: Why is the largest cryptocurrency crashing?
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