Category: Fintech
GTCO secures N209.41 billion in equity capital raise
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Guarantee Trust Holding Company (GTCO) Plc successfully raised N209.41 billion in its public offering, the company announced in…
PayMint, ADIB-Egypt introduce Meeza prepaid cards to boost Egypt’s cashless economy
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PayMint, a prominent financial technology company, announced the launch of its first prepaid “Meeza” card in partnership with…
From Kenya to East Africa: Cashlet’s plan to impact 200,000 users by 2025
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Cashlet, a fintech platform founded by Aggrey Obimbo, announced its plans for expansion into East Africa on Monday. …
Beltone expands into African financial services with acquisition of Baobab Group
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Beltone Capital, a subsidiary of Beltone Holding, has signed a put option agreement with the majority shareholders of…
National Bank of Ethiopia raise credit growth cap to 18% amid declining inflation
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The Central Bank of Ethiopia has raised the annual credit growth cap for commercial banks from 14 percent…
Bankit MFB elevates Nigerian banking with the launch of advanced online platform
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Bankit MFB, founded by Yen Choi, on Thursday launched an innovative web banking platform to enhance Nigerians’ banking…
Al Ahly Momkn, Al Mohandes partner to enhance digital payment solutions in Egypt’s insurance industry
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Al Mohandes Insurance Company and Al Ahly Momkn have inked a strategic agreement, marking a major step towards…
Algeria to launch DZ Mob Pay to simplify payments, drive digital growth
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Algeria is introducing DZ Mob Pay, a mobile electronic payment system designed to make everyday financial transactions easier…
Central Bank of Egypt increases limits on withdrawals, transfers for financial inclusion accounts
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The Central Bank of Egypt (CBE) has announced an increase in the maximum transaction limits for financial inclusion…
Flend becomes the first SME non-bank digital financial institution in Egypt
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Flend, a trailblazing digital financing platform that focuses on small, emerging, and medium-sized businesses (SMEs) has secured a…