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FinTech
593 posts
Announcements and deep-dive analysis about the financial technology (fintech) space in Africa.
What is the cost of going cashless? How transaction charges affect Nigeria’s informal sector
Cashless transactions were meant to simplify commerce. For many micro-entrepreneurs, they do the opposite.
Are loan apps aiding financial inclusion or deepening debt burden for users?
Over 200 mobile loan apps currently operate in Nigeria. Many are unregistered. Most offer loans between ₦5,000 and…
PAPSS and Interstellar launch game-changing African Currency Marketplace
The Pan-African Payment and Settlement System (PAPSS), in collaboration with Interstellar, a leading African deep-tech firm, has unveiled…
Okra blames its shutdown on market challenges, to return about $5.5m unused funds to investors
In a significant blow to Nigeria’s fintech ecosystem, Okra, a pioneering open banking startup, closed shop in May…
Payaza celebrates redemption of ₦14.97 billion Commercial Paper
Payaza, a Nigerian fintech company, announced the complete redemption of its Series 1 Commercial Paper worth ₦14.97 billion.…
Nigerian fintech drives POS surge, records ₦18.32trn transactions in 2024
Fintech platforms raised the use of electronic channels for transactions with e-bill payments of ₦2.1 trillion across 300,000 transactions.
Building scalable and compliant fintech systems: Insights into developing transaction limit tracking engines and payment provider integrations
Global fintech platforms face a dual imperative: scaling seamlessly across borders while navigating fragmented regulatory landscapes. Traditional systems…
How Borderless plans to bridge the $406 Billion funding gap for Africa’s future
In an era where the African diaspora is increasingly looking to invest back home, platforms that facilitate such…
Flutterwave boosts Cameroon’s businesses with 34th country licence
Flutterwave’s infrastructure supports transactions for 1.5 million businesses across 34 countries, processing over 630 million transactions worth $31 billion.
Paga unveils Doroki: Nigeria’s all-in-one business suite to empower SMEs
Paga Group, a leading force in Africa’s payments and financial services sector, launched Doroki today, June 19, 2025,…
