03/22/2022
African governments can’t be both referees and players in consumer fintech
Central banks are launching digital currencies across Africa. But government attempts to own the retail payments space are leading to failure.
FinTech
03/22/2022
United Bank for Africa partners with Cellulant to expand across Africa
Already over US$15 billion in gross value payments are processed by Cellulant across the shared markets – and this partnership has the scope to expand the numbers significantly.
03/21/2022
Fidelity Bank Set to Demystify Online Payments with PayGatePlus
Everything we do as a financial organisation including the design of our products and services has the customer as the main focus.
03/21/2022
Cellulant, UBA to expand payments in 19 African countries
“We are delighted to welcome the United Bank for Africa as a new banking partner,” said Group CEO at Cellulant, Akshay Grover.”
03/21/2022
South Africa sees a surge in contactless payments via smart devices, says FNB
FNB says South African consumers and businesses are increasingly using smart devices to make contactless tap-to-pay payments
03/17/2022
Ghana’s Central Bank Wants Digital Currency Available on Mobile Apps
Mobile-money transfers have a fee, but eCedi transactions are free of additional charges.
03/17/2022
Crypto Exchange FTX Partners With Kenya Firm to Expand in Africa
AZA Finance was founded in Kenya in 2013 by Elizabeth Rossiello and has expanded across Africa
03/15/2022
African fintech Moove raises $105mln in series A round
Will now be able to use its latest funds to unlock economies of scale and introduce new products
03/14/2022
Gartner Top Strategic Technology Trends for 2022
Composable applications make it easier to use and reuse code, accelerating the time to market for new software solutions and releasing enterprise value.
03/09/2022
Nedbank’s Avo App Scores Over 1-Million Users
Nedbank also has weekly deals on goods merchandise ranging from tech, appliances, and fashion with access to affordable and convenient financial services products.
03/08/2022
Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans
An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash.
03/03/2022
Cryptocurrencies for transactional use in South Africa
These volatile, wild swings have cast doubt on whether cryptocurrencies can be used for day-to-day transactions.
03/03/2022
EBRD boosts investment in Tunisia through digitalisation
The EBRD and TIA last month launched a digital investor guide at the EU Africa-Business Forum in Brussels.
03/03/2022
Microsoft To Support African Startups With $500 Million Investment Funding
The funding will come from a network of venture capital investors, who will dedicate a portion of their financial support to startups in the Microsoft network.
03/01/2022
Banking Malware Attacks Are “Becoming Increasingly Corporate” says Kaspersky
Between 2020 and 2021, corporate users’ share of banking malware attacks rose by almost 2% and increased a significant 13.7% points between 2018 and 2021.
02/28/2022
How this tech startup is learning from its Africa experience to digitise small banks in India
Banking technology startup Techurate aims to digitise small-sized banks through budget-friendly solutions that enable financial inclusion.
02/25/2022
Wema Bank Boss Admonishes Accountants on Data Protection
Adebise who stressed the importance of data storage and security said that accountants in the digital age must be flexible and knowledgeable to save data on storage devices on-premises or in the cloud.
02/24/2022
Nigerian fintech expands banking operation into East Africa
"Our expansion into the Kenyan market follows the identification of key gaps in the availability of proper applicable and affordable banking automation technology”
02/24/2022
Rwanda’s Largest Bank Completes Core Modernization with Temenos
Bank of Kigali goes live on Temenos platform to power faster, smarter digital banking while scaling to one million retail and SME customers in Rwanda
02/23/2022
Mauritius: another step closer to becoming a leading FinTech hub in Africa
This innovative Act is very promising in establishing Mauritius as an attractive location to invest in virtual assets and virtual tokens.