10/29/2021

South Africa's Stitch raises $2m; moves into Nigeria

Stitch will initially offer a seamless, tokenized pay-by-bank product to help businesses and fintechs in Nigeria improve their user experience, eliminate fraud and reduce fees associated with other payment methods.

10/25/2021

Fairmoney Receives Investment Grade Rating from GCR

“The milestones achieved since our incorporation within the digital banking space indicates that the Group is on track to achieving its vision of building the leading Neo-bank in emerging markets,”

10/21/2021

MFS Africa to buy Nigerian super-agent network Baxi

The focus areas of both companies are complementary. Baxi simplifies and integrates online and offline payments for SMEs and merchants in Nigeria through its omni-channel distribution network.