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Safaricom Ethiopia is celebrating a significant milestone with the official launch of M-PESA ለሁሉም (M-PESA LeHulum), a groundbreaking mobile money service that is fully telco-agnostic, allowing every Ethiopian to access digital financial services using any SIM card. This launch marks a transformative moment in Ethiopia’s journey towards digital and financial inclusion. For the first time, […]
Fusepay, a fintech company founded in Seychelles, has launched a digital payments platform aimed at helping businesses transition away from cheque-based and manual processes. This rollout follows a successful $350,000 pre-seed funding round in August, backed by Hustle Fund, Everywhere Ventures, First Check Ventures, Startup Istanbul, and angel investor Ryan Nesbitt Seychelles business payments landscape […]
Alex Apau Dadey, the distinguished Executive Chairman of KGL Group, received the prestigious Forbes Best of Africa Corporate Leadership and Innovation Award at a high-profile Leadership and Philanthropy Forum held at the House of Lords in London. The award was presented by Mark A. Furlong, President of Custom Solutions Media for Forbes, who praised Mr. […]
MTN MoMo App South Africa has introduced an innovative Handset Rent to Own phones solution aimed at increasing digital inclusion. This initiative seeks to empower millions of South Africans by making smartphone ownership more accessible. With a commitment to a customer-first approach, MTN’s new offering allows users, particularly the unbanked and underserved, to own a […]
Digital bank PalmPay has once again gained international acclaim, securing a spot on CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This recognition marks the second consecutive year that PalmPay has been acknowledged as one of the most innovative and impactful financial technology firms, standing alongside global giants like Revolut, Nubank, […]
Wave, one of Africa’s most valuable startups, has secured $137 million in debt financing to strengthen its working capital and accelerate growth in both existing and new markets. The funding aims to scale its mobile money operations and expand financial access to underserved communities across the continent. Rand Merchant Bank (RMB) led the funding round […]
Flutterwave has received approval to operate as a licensed payment service provider in Cameroon, advancing its goal of creating Africa’s largest digital payments network. The Nigerian Fintech company obtained the authorization from Cameroon’s National Payment Systems Department, allowing it to offer a full range of digital payment solutions to businesses and individuals in Central Africa […]
Nigerian fintech PalmPay will expand into South Africa, Côte d’Ivoire, Uganda, and Tanzania by the end of 2025, building on momentum from processing over 15 million daily transactions during the first quarter, Managing Director Chika Nwosu said at a press conference on Wednesday. He declined to disclose the value of the transactions. The expansion will bring PalmPay’s […]
MTN Uganda is not only connecting millions of people to voice, data, and digital financial services but also delivering strong returns to its investors. In 2024, the company posted one of its best all-round financial performances yet, solidifying its position as a dependable, high-yield investment for both institutional and retail shareholders. From a growing dividend […]
The Managing Director of Kuda Microfinance Bank, Musty Mustapha, has said that the fragmented state of regulations in the Nigerian fintech industry is discouraging further investments and slowing down innovation. Mustapha stated this during a visit to the Nigeria Deposit Insurance Corporation (NDIC), where he highlighted the challenges facing the industry. According to him, fintech […]
