Tag: African Fintech
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Kenyan Fintech, Hurupay, Plans to Use Stablecoins to Fix Africa’s Freelancer Payment Delays
Thousands of remote workers experience delay payments, accounts being flagged, and funds taking weeks to arrive. Hurupay, a Kenyan-founded fintech startup, is building its...
Basata Expands Digital Payments in Egypt with Nationwide POS Network and Mobile Wallet Support
Basata Holding for Financial Investments, a leading Egyptian fintech specialising in digital payments, has announced a major expansion of its point-of-sale (POS) network. The company’s...
Stripe Explores Acquisition of PayPal – What This Means for African Fintech
Stripe Inc., the payments giant that acquired Nigerian fintech Paystack for over $200 million in 2020, is reportedly exploring a potential purchase of all...
LoftyInc Capital Backs Moroccan Fintech, WafR With $4m Seed Round, to Digitise Payments and Remittances
Pan-African venture capital firm, LoftyInc Capital has co-led a $4 million seed round in Moroccan fintech startup WafR, marking one of the first investments...
Heirs Holdings-Backed Redtech Processes ₦30 Trillion in Transactions, Cementing Nigeria’s Payments Infrastructure Growth
Redtech, a Nigerian technology company backed by Heirs Holdings, has reported processing $20.6 billion (₦30 trillion) in transactions over the 2025 financial year, more...
Botim Money and TerraPay Partner to Strengthen Financial Inclusion and Cross-Border Remittances into Africa
Botim Money, the financial services arm of the UAE-based communication platform Botim, has announced a strategic partnership with global payments company TerraPay to enhance...
Nigerian Fintech Payaza Integrates Google Pay and Apple Pay to Simplify Diaspora Payments Across 21 African Countries
Nigerian fintech company, Payaza, has integrated Google Pay and Apple Pay into its payment platform, a move it says is aimed at capturing a...
New Wallet From Nigeria’s Startup, Numoni, Rewards Users Before They Spend, Not After
In a crowded market of digital wallets and cashback platforms, Numoni is taking a radically different approach, it is giving consumers value before they...
Paystack Marks 10 Years with Launch of The Stack Group as New Holding Company
Paystack, the African payments company backed by Stripe, has announced the launch of The Stack Group (TSG), a new parent holding company designed to...
TechCrunch’s Africa Reporter Tage Kene-Okafor Leaves After Five Years – Here’s What You Should Know About Him
Technology journalist, Tage Kene-Okafor, has announced his departure from TechCrunch after five years of covering Africa’s technology and venture capital ecosystem for a global...
LakiPay Launches LakiRemit to Reduce Transfer Costs, Speed Up Cross-Border Payments, and Support Africa’s Online Creators
Ethiopian payment startup, LakiPay Financial Technologies S.C. has launched a new digital remittance platform aimed at reducing transfer costs, speeding up cross-border payments, and...
Flutterwave Acquires Nigerian Open Banking Startup, Mono, in $25–40 Million All-Stock Deal
Flutterwave, one of Africa’s largest payments companies, has acquired Nigerian open banking startup, Mono, in an all-stock transaction valued between $25 million and $40...
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