Managers of Wealth Africa

Investment In African Fintech’s Grew To US$357 Million In 2018

The trend is said to have continued this year with 3 Nigeria fintechs each raising around US$5 million in funding in the first half of 2019.

Nigeria’s largest mobile operator is about to become a bank

The license comes after reforms by Nigeria’s central bank last October permitting telecoms operators to get mobile money and banking licenses in a bid to boost financial inclusion and facilitate the long-held ambition for a cashless society.

Nedbank Namibia launches top-rated money app

Not only does our new app provide best-in-class user experience in terms of mobile banking, it is also the first banking app in Namibia that allows clients to freeze and unfreeze their bankcards straight from the app.

Fintech and bank partnerships can grow SMEs

“While some SMEs are hesitant to make the shift towards digital, the reality is that they no longer have a choice.

List of Best Mobile Banking Apps in Kenya

Mobile Banking is cost-effective, and banks offer this service at less cost to the customers.

Cryptocurrency plan will radically transform Kenya’s monetary system: report

Central Banks must keep pace with changes

Challenger banks in South Africa: who’s who and what’s their tech

Bank Zero integrated with the national payments systems of the South African Reserve Bank (SARB).

Equity bank named Africa’s best digital bank for 2019

These new self-service channels that enable customers to do banking on their own devices

Prepaid Credit cards in Kenya for making online payments

In Kenya, Safaricom is really trying to bridge this gap by partnering with international entities like Western Union, PayPal and AliExpress

Fintechs’ growth nudges banks to ink lending pacts

Analysts note that while the adversity between banks and the digital lending fintechs seemed to reach fever pitch, the relationship now seems to grow into one of partnerships.

How Africa can drive its own digital disruption

The advanced stage will take Africa to new heights.

CBK boss now links mobile lenders to money laundering

He urged lawmakers to come up with regulations for the digital lenders.

Report: Blockchain technology can help Kenya win graft war

“Blockchain and AI provide an unprecedented level of integrity, security and reliability to the information it manages, reducing the risks associated with having a single point of failure," said Mr Mucheru.

South Africans are now able to buy cryptocurrency using a credit card

Coindirect now has one of the largest offerings of cryptocurrencies in South Africa

Mobile technology may serve underbanked with no cryptocurrency

Typically those households are poor, and the lack of financial services can keep them in poverty.

EY to campaign for standardised API interface for Open Banking in Nigeria

The partnership will, in addition, transform the management of financial data and extend services to individuals and businesses across Nigeria.

How e-money is changing the face of banking

E-money is deemed relatively safer, convenient to store and carry around and cheaper to make payments across the borders.

Visa makes case for Fintech players in Africa

The Financial Technology (Fintech) industry continues to attract more attention globally and the space has been growing steadily, particularly in Africa, driven by increased investments and the willingness of regulators to open up.

Artificial Intelligence: The balancing act in developing Africa

In developing nations, and on the African continent in particular, the uptake and impact of technological and other developments is often slower than in other parts of the world.

First Bank Introduces Multi Currency Debit Card

On one hand, the card will aid the use of cashless transactions for customers anywhere in the world

FinTech