Category: Fintech
Fido secures $30M series B funding to boost Ghana’s digital lending market
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In recent years, digital lending platforms have revolutionised how microenterprises and individuals access credit, providing a much-needed alternative…
Tingo Group’s Nigerian CEO indicted on $250M fraud charges
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Dozy Mmobuosi, the founder and former CEO of Nigeria’s Tingo Group, has been ordered by the U.S. Securities…
Ria and Ecobank simplify money transfers and increase financial inclusion in Uganda
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Ecobank Uganda, in a strategic move, has chosen to empower the Ugandan diaspora through a significant partnership with…
Nigerian fintech Grey teams up with dLocal for cross-border payments
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Nigerian fintech startup Grey announced a strategic partnership with dLocal, a leading cross-border payment platform, to fuel its…
Flutterwave secures payment systems operator licence, expands operations to Uganda
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Flutterwave has secured a Payment Systems Operator (PSO) licence from the Bank of Uganda, marking a significant milestone…
Tumatap: a new payment platform from Interswitch and Elie
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Interswitch East Africa has announced a groundbreaking partnership with Elie Technologies to introduce Tumatap, a new contactless payment…
Absa boosts IT spend by 14% to lead digital banking in Africa
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Absa, one of South Africa’s big four banks, has significantly ramped up its investment in technology, with IT…
NDPC sanctions Fidelity with #555.8m for data breach
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The Nigeria Data Protection Commission (NDPC) has fined Fidelity Bank #555.8 million for a data breach that exposed…
Egyptian fintech Lucky raises $3M to expand credit operations, targets profitability by 2025
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Egyptian fintech startup Lucky has successfully secured US$3 million in a convertible note funding round. The funding, aimed…
Silverbacks Holdings acquires a stake in the African sports-tech firm NERGii
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Mauritius-based investment firm Silverbacks Holdings has purchased a significant minority position in South African sports technology business NERGii,…
