Tag: Finance
Breaking News
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...
Why Sending Money in Nigeria Will Cost You More from 2026
From January 2026, sending money through a bank or fintech app in Nigeria will no longer be as simple or as cheap as it...
How MNZL Is Making Loans Accessible and Fast, as it Secures Egypt’s First Dual Digital Lending Licences
Egyptian fintech company, MNZL, has achieved a major milestone after securing approval from the Financial Regulatory Authority (FRA) for the nation’s first fully digital...
How NALA’s Expansion Into Ghana Could Transform How Money Moves Across Africa
NALA, one of Africa’s largest fintechs, has received regulatory approval to operate remittance services in Ghana, marking a key milestone in the company’s expansion...
Do We Still Need PayPal in Africa After Years of Blacklisting?
After years of strained engagement with parts of Africa’s digital economy, PayPal is preparing a cautious return to the continent through a new initiative...
What PayTabs Egypt’s Partnership With Edita Reveals About Cash Flow Management and Why Startups Should Take Note
PayTabs Egypt, a MENA-based payments provider, has announced a partnership with Edita Trade, a subsidiary of Edita Food, one of Egypt’s leading packaged snack...
FasterCapital Backs DareHeight to Accelerate Digital Insurance in Nigeria
DareHeight, a Lagos-based digital-first insurtech, today announced a strategic partnership with FasterCapital through its Equitypilot program to accelerate product rollout and market entry across...
PalmPay Customer Cries Out as Account Remains Frozen for One Year Without Explanation
A Facebook post by a Nigerian, Idris AbdulRahman Omeiza, has gone viral after he revealed that his PalmPay account has been under a Post...
AFRICAN FINTECH YEAR IN REVIEW: Winners, Losers, Forced Pivots & New Regulations That Shocked the Industry
2025 will be remembered as one of the most turbulent yet transformative periods in African Fintech. What began as a cautious recovery year following...
TOP 10 FUNDING ROUNDS in Nigeria for 2025 — And the Investors Behind Them
In a year marked by countless funding rounds in Nigeria, global economic uncertainty, currency fluctuations, and persistent macroeconomic pressures, Nigeria’s startup ecosystem has demonstrated...
Nigeria Bans Cash Payments Across Government Offices: Will the New PoS Mandate Finally Close Revenue Leakages?
Nigeria’s federal government has issued its strongest directive yet to ban cash payments in public institutions, ordering all ministries, departments, and agencies (MDAs) to...
Why Vendy’s New Payment Infrastructure Could Redefine How Africans Buy on WhatsApp
Africa’s soaring population of social media users and online shoppers has accelerated the rise of social commerce, an ecosystem where buying and selling happen...


