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FinTech
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Announcements and deep-dive analysis about the financial technology (fintech) space in Africa.
2 out of 3 in-person payments in Onitsha processed with Moniepoint PoS – Report
A new case study from Moniepoint Inc., Nigeria’s leading fintech and business banking provider, reveals that two out…
Legacy systems are holding back Africa’s fintech growth, can blockchain unlock a new era for payments?
Nigeria has built one of Africa’s most dynamic digital payment ecosystems, but the very systems that powered this…
39 African startups raised $343m in April as 2025 funding hits $803 million
Venture funding into African startups enjoyed a major boost in April 2025, as startups across the continent raised…
Nigeria-based OmniRetail raises $20 million in Series A funding, now raised $38 million since 2019
Nigeria-based B2B e-commerce platform, OmniRetail, has raised a $20 million Series A equity funding round. the new investment…
VBank parent company VFD Group announces N11.2 billion pre-tax profit in 2024
VFD Group Plc, the proprietary investment firm and parent company of VBank, has announced its audited financial statement…
Remittance revolution or revolving door? The state of Nigerian fintech
Every other week, it feels like there’s a new remittance startup launching in Nigeria. Each one promises faster…
Safaricom earmarks $300 million for M-PESA upgrade as it marks 18th anniversary
Safaricom, Kenya’s leading telecommunications company, has announced a $300 million (KSh 40 billion) investment to upgrade its flagship…
Moniepoint launches MonieWorld to revolutionise remittances for the African diaspora
Moniepoint Inc., Africa’s fastest-growing fintech startup, has officially launched MonieWorld, a groundbreaking digital banking and remittance platform designed…
Frozen without warning: Nigerian entrepreneur’s battle with Opay and Kuda
On April 10, 2025, a Nigerian entrepreneur took to X to share a troubling experience. His accounts with…
EXCLUSIVE: Zap Africa holds trademark documents for “ZAP” that raises more questions
In a fresh twist to the ongoing dispute between Zap Africa and Paystack, Zap Africa has shared exclusive…
