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FinTech

09/01/2022

Whatsapp chat banking: Connecting FirstBank’s customers with loved ones

The WhatsApp banking channel operates in addition to the bank’s existing channels which include Unstructured Supplementary Service Data (USSD), Internet Banking, and Mobile Bank.

08/31/2022

Nigerian BaaS startup Anchor joins Y Combinator summer batch

These reports have brought about a spike in the number of companies and amount of investment activities in the fintech space in Africa.

08/26/2022

Ecobank Group Launches 2022 Edition of its Fintech Challenge with US$50,000 Prize Money up for Grabs

Ten finalists will be inducted into the Ecobank Fintech Fellowship after the finals and awards ceremony which will take place in October 2022.

08/26/2022

Path To A Bitcoin Standard In Africa

A Bitcoin standard in Africa could mean economic growth, higher quality of life and financial freedom for all Africans.

08/24/2022

Google Pay launched in South Africa

South Africa is the first African country to receive support for Google contactless payments.

08/24/2022

Investment solution to strengthen financial growth launched in Nigeria

She also noted that Branch recently recorded one of the highest ROIs in the country

08/24/2022

South African Reserve Bank promotes digital assets-friendly behavior from financial institutions

It added that the institutions had made the move to de-risk their operations due to uncertainty over the regulatory treatment of digital assets.

08/23/2022

Volante Technologies Research Reveals Middle East and Africa Financial Institutions Have Ambitious Payments Modernization Plans

Region poised to make more investment in payments modernization over next two years than any other geography

08/23/2022

Africa’s first central bank e-currency is yet to have recurring users

But, the news should be taken with a healthy dose of skepticism as at an average of 1.35 transactions per active wallet, the eNaira has not convinced its users to do a lot with it.

08/22/2022

Digital lenders train sights on struggling small banks

Kenya Bankers Association (KBA) director for research and policy Samuel Tiriongo said the entry of digital banks could be driven by need to meet capital and licenses requirements.

08/22/2022

South Africa’s central bank grants local banks permission to serve crypto clients

several banks in the country had barred customers from using their credit and debit cards to purchase crypto on foreign exchanges.

08/22/2022

SA Reserve Bank Confirms Banks Can Work With Crypto Exchanges

Luno says the cryptocurrency industry has driven economic growth and financial inclusion in South Africa.

08/19/2022

Johannesburg Prepares for Digital Finance Africa 2022

Now, more than ever, we must come together and share our stories and find answers to our questions.

08/19/2022

Virtual Pay International Limited Obtains License from the Central Bank of Kenya (CBK)

Virtual Pay proposes to collaborate with all sector players in the market, namely, banks, nonbank financial institutions, major card schemes etc., to ensure that the company is able to scale its operations for the benefit of all stakeholders.

08/19/2022

In-depth with Mike Brown, SA’s longest serving bank CEO: Nedbank, digital revolution, renewables, fintechs, greylisting and crypto

It’s a huge responsibility as a CEO having a business with 26,000 staff and 8 million customers.

08/19/2022

SARB urges banks not to close crypto exchange accounts

Following FNB’s announcement, other big banks, such as Nedbank and Absa, followed suit in closing the accounts of crypto-currency exchanges.

08/18/2022

AVAÍC invests $500k in Kenyan fintech start-up FinAccess

FinAccess drives financial inclusion and unlocks financial services for many unbanked people in East Africa through its technology platform and widespread distribution.

08/15/2022

Fintech firms ramp up investments in Kenya’s microfinance space

UMBA obtained a 66.06% stake in Daraja Microfinance Bank Ltd effective 1 July, after approval by the Central Bank of Kenya on 23 May.

08/15/2022

How Africa’s Technology Revolution is Changing Perspectives on the Continent

A new innovation narrative has emerged in Africa in recent years, embodied by the exponential growth of funding for technology startups.

08/15/2022

8 Ways Edge Computing Can Future-Proof Your Business

Based on my experience, here are the top 8 future-proofing benefits of adopting edge computing

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