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FinTech
593 posts
Announcements and deep-dive analysis about the financial technology (fintech) space in Africa.
What Ghana’s ID card and digital wallet plan means for payments in Africa
Ghana’s National Identification Authority is in talks to add a digital wallet to the Ghana Card, the identification…
Fraudsters share playbooks, Nigeria’s fintechs do not; experts warn of losses
In December 2024, Nigeria’s Economic and Financial Crimes Commission (EFCC) raided a network of online scam operators and…
Nomba and Globus Bank lent ₦21.3B without defaults, now they want to lend ₦500B
Picture a small business owner in Lagos, a wholesaler in Onitsha, and a restaurant operator in Abuja. They…
How MTN MoMo lost ₦22.3B in 7 days and sued 18 banks to get it back
The alert came in on May 24, 2022. Inside MTN MoMo’s operations, something is wrong because transactions are…
OAU student, Caleb Pamilerin built Fluxt for his father, now FG is backing it with ₦50M
Caleb Pamilerin Sobaloju watched his father struggle with banking for years. Not because the money was not there,…
Nigeria’s fintech class of 2015-2016 turns 10 | Here is what a decade built
Ten years is a long time in Nigerian fintech. Long enough to go from a pitch deck to…
When the Cloud burns: What Iran’s AWS strikes mean for African fintech
On the morning of April 2, 2026, millions of Nigerians sending money, paying bills, and checking balances had…
Flutterwave, Paystack among 6 companies CBN is supervising as Virtual Asset Providers
The CBN has launched an AML/CFT supervision pilot for six virtual asset service providers. Two of them are…
GTCO made ₦278.5 billion from transaction fees and commissions in 2025
There is a version of GTCO that most Nigerians know. Orange branding, long queues at Guaranty Trust Bank…
AI fraud threatens Africa fintech inclusion gains, EBC CEO David Barrett warns
Africa’s fintech story is one of the most remarkable in global finance. More than 2.1 billion mobile money…
