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Visa plans to invest $1 billion in Africa over the next five years to capitalize on the continent’s rising e-payments market
Over the next five years, Visa will spend $1 billion in Africa in an effort to cash in on the...
Read morePivo Africa, a Nigerian Fintech startup, has raised $2 million in a seed funding round
Pivo has announced the completion of a $2 million seed funding round to expand its product offerings to supply chain...
Read moreTouch and Pay, from Nigeria wins the Ecobank Fintech Challenge 2022, taking home $50,000 in prize money
Touch and Pay, a fintech company based in Nigeria has been named the winner of the Ecobank Fintech Challenge 2022. ...
Read moreKippa, a fintech startup in Nigeria, raises $8.4 million in a funding round
Kippa, a platform for financial management and payments for small enterprises in Nigeria, announced that it had raised $8.4 million...
Read moreDuplo, a Nigerian fintech startup, has raised $4.3M in a seed funding round
Duplo, a B2B payment platform, has secured a $4.3M seed round. Liquid2 Ventures, Soma Capital, Tribe Capital, Commerce Ventures, Basecamp...
Read moreGrey, an African Fintech startup, raises $2 million in a seed funding round
Grey, a fintech company founded by two Nigerians to make it easier for Africans to send and receive foreign funds,...
Read moreM-Pesa from Safaricom and Visa to offer virtual card for international transactions
M-Pesa, Kenya's Safaricom's mobile phone-based African money transfer service, and Visa have created a virtual payment card in an attempt...
Read morePaymob, an Egyptian startup, has raised $50 million in a Series B funding round
PayPal Ventures, Kora Capital, and Clay Point led a $50 million funding round for Paymob, an Egyptian fintech startup. Helios...
Read moreThe Central African Republic has approved bitcoin as one of its official currencies
The Central African Republic's presidency announced on Wednesday that bitcoin has been approved as an official currency, making it the...
Read moreCredPal, a Nigerian startup, has raised $15 million in funding to expand its “buy now, pay later” model across Africa
CredPal, a Nigerian "buy now, pay later" (BNPL) firm, has received US$15 million to extend its consumer loan operations in...
Read moreNigerian Digital Bank Yep! Raises $1.5 million in pre-seed funding
"Financial super app" Yep! has secured $1.5 million in pre-seed funding from pan-African VC, Greenhouse Capital, as the company launches...
Read moreU.S. President Joe Biden orders government to study digital dollar and other cryptocurrency risks
According to the White House, US President Joe Biden signed an executive order on Wednesday directing the government to evaluate...
Read moreThe Big 5
