fintech

Visa opens Innovation Studio in Africa to advance future payment solutions

The global payments company, Visa (Visa Inc), has opened a new Innovation Studio in Nairobi, its first dedicated innovation site in Sub-Saharan Africa (SSA)….

Egypt fintech, Lucky, raises $25M in Series A

Lucky, the leading app in Egypt for credit products, offers and cashback rewards, has raised $25 million in a Series A funding round. The…

Lightrock continues developing market support with 4G Capital Series C

Lightrock led a $18.5 million Series C funding round for Kenya-based neobank fintech 4G Capital, continuing a busy 2022 investing in developing markets. Lightrock…

Luno launches early-stage investment arm

Cryptocurrency company, Luno, a wholly-owned subsidiary of Digital Currency Group (“DCG”), has launched Luno Expeditions, a global, early-stage investment arm to support fintech and crypto/web3…

Moove raises $105M in Series A2 round to power global expansion

Nigeria’s pioneering mobility fintech Moove attracted four new investors in a successful $105 million Series A2 funding round. AfricInvest, MUFG Innovation Partners, Latitude, and…

Fintech group, Capital Appreciation Limited, acquires Responsive Technology

South African fintech group, Capital Appreciation Limited has acquired the Responsive Technology group for the purchase price of R48,68 million. The acquisition includes 100% of…

Broadscale Group and Generation Investment Management take M-Kopa to $100M

Innovative Kenyan lender M-Kopa has raised $75 million in an equity funding round, bringing its total equity funding to $100 million. The Generation Investment…

Payflex and Merchant Capital partner to help small retailers unlock BNPL

South African fintechs alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution that will address some of the issues…

Four African startups join tenth Catalyst Fund Inclusive Fintech cohort

Global tech accelerator Catalyst Fund, managed by BFA Global, has announced its tenth cohort of fintech companies that are building solutions designed to improve…

Floatpays secures R15M investment from Naspers Foundry

Floatpays, a Cape Town-based on-demand earned wage access platform, has received a R15 million investment from Naspers via its early-stage tech investment arm, Naspers…

Cape Town based BNPL startup secures Weaver Fintech investment

PayJustNow, a Cape Town-based digital payment platform specialising in Buy Now Pay Later (BNPL), has secured an investment from a major fintech player, which…

Ozow and Zapper partnership shows FinTech collaboration

Cash is over. If you aren’t going digital and contactless, you aren’t moving Mzansi’s rands. It’s this shift in behaviour – accelerated by the…

Flutterwave raises $250M, now valued at over $3B

Flutterwave, the African fintech founded in 2016 that helps businesses make and accept payments anywhere from across Africa and around the world announced, has…

Stitch raises $21M in Spruce House led Series A

South African fintech API Stitch closed a $21 million Series A funding round that drew participation from The Spruce House Partnership, PayPal Ventures and…

Kenyan fintech Ubawa secures $350K seed funding

Ubawa Technologies, 2021 African Start-up Awards Start-up of the Year winners for Kenya, has secured $350 000 in seed funding from Nigerian VC Platform…

Speedinvest leads $3M pre-Series A funding for Ghana fintech OZÉ

Ghanaian fintech OZÉ provides bookkeeping tools for business owners to understand and improve their performance as well as access to capital to fuel growth….

South African fintech raises R47M funding in Series A

TallOrder, the South African fintech developer of cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, has raised R47m…

Kenyan fintech secures $1M in seed funding, eyes expansion

Zanifu, the Kenyan fintech that enables access to working capital for Micro, Small & Medium Enterprises (MSMEs) by providing short-term stock financing, has secured…

Fintech review and predictions for 2022 by premier SA fintech investor

Fintech has gone mainstream and is no longer a niche sector. There are now over 26 000 fintech companies globally that employ half a…

Periculum launches in Nigeria to build credit assessment infrastructure

Canadian fintech startup and credit assessment company, Periculum, has launched in Nigeria to tackle the challenge of domestic credit in underserved markets. The company…

Fintech is creating a more accessible and inclusive society

A study conducted by Forbes ranks inclusion and diversity as critical components to ensure success on a global scale. While a lot of work…

Local banking app partners with Access Bank to stimulate future growth

Traditional banking challenger, Bettr, has partnered with Access Bank, “the continent’s fastest growing bank”, in preparation for future expansion. The app has also been…

How SMMEs can leverage fintech to get a leg up

It’s now a lot easier and faster for SA’s small businesses to access funding thanks to the influence of fintech. These solutions combine technology and…

Thor: Love and Thunder tickets now on sale in SA: How to get yours

New online booking platform in Cape Town protects cleaners from hidden fees

Samsung Galaxy A53 5G & A33 5G Gets Connected to a World of AWESOME

Why start-ups with flat organisational structures often fail

AFEX aims to replicate Nigerian farmer success in Kenya

[Opinion] Exactly how smart will tomorrow’s homes be?

The new HUAWEI P50 is now available for pre-order in South Africa

Redmi Note 11 Series from Xiaomi delivers exceptional value-for-money

Intel 12th-Gen Core Mobile processors launched in SA

Review: Isuzu MU-X 3.0 Ddi 4×4 Onyx

Ford EcoSport Active is not mellow yellow

Microprocessor crisis could be over for Toyota