Tag: Fintechs
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Fintech Startup, Fido Partners Uber to Offer Instant Loans to Drivers in Ghana
Uber drivers in Ghana can now access instant loans of up to GH₵10,000 (approximately $920) following a new partnership between Uber and Fido, a...
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...
Canadian Fintech Startup, WeSpare, Wants to Digitise Nigeria’s Savings “Ajo” System With Technology
Canadian fintech startup, WeSpare, believes it has found a way to solve one of the oldest problems in Nigeria’s informal savings system as it...
Polytope Labs Plans On-Chain Stablecoin Infrastructure to Fix FX Settlement for Fintechs
Blockchain infrastructure company, Polytope Labs, is planning to launch an on-chain stablecoin infrastructure for foreign exchange (FX) settlement, according to a leaked pitch deck...
Pesalink and PAPSS Partners to Enable Instant Cross-Border Payments in Kenya
Kenya’s instant payment infrastructure is taking a significant step towards continental financial interoperability after Pesalink, widely regarded as the country’s de facto real-time payment...
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...
eNovate Partners Cobi to Embed AI-powered Intelligence into Egypt’s Digital Payments Ecosystem
eNovate, a subsidiary of eFinance Investment Group, has announced an integration with Cobi, an AI-native customer intelligence platform headquartered in the UAE, in a...
WapiPay Launches Remittance Credit Score to Unlock Loans for Diaspora-Backed Kenyans
WapiPay, a Kenyan fintech startup specialising in cross-border payments between Africa and Asia, has launched a new credit scoring tool aimed at transforming how...
With $100m Capital Plan, Redtech Targets 29 African Markets in Expansion Plan
Redtech Ltd, the Lagos-headquartered payments company backed by Heirs Holdings, is setting its sights on pan-African expansion, with plans to enter 29 countries by...
DXC Technology and Euronet Partner to Transform Global Card Issuing and Payments for Banks and Fintechs
DXC Technology, a global enterprise technology and innovation partner, has unveiled a strategic partnership with Euronet Worldwide, Inc, a payments technology company, to enhance...
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...
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