Tag: Africa FinTech

Turning AML into advantage in African FinTech

African FinTech has long been associated with financial inclusion, mobile-first innovation and rapid digital adoption. Across a continent where smartphone penetration is rising and...

GoCab secures $45m to scale EV fleets and financial inclusion

GoCab, a mobility FinTech focused on ethical vehicle financing and electric mobility for gig-economy workers, has raised $45m to accelerate its expansion across Africa...

Nearly half of the respondents cited technology as the main driver...

FinTech Trends: 240 FinTech firms across six regions participated in a survey providing view of how FinTech–incumbent partnerships are shaping innovation and market positioning ...

Flutterwave strengthens African payments with Mono deal

Flutterwave and Mono have entered into an acquisition that underscores the growing strategic importance of open banking within Africa’s rapidly evolving FinTech ecosystem. The acquisition...

Tether invests in Kotani Pay for cross-border growth

Tether, the global leader in the digital asset industry, has announced a strategic investment in Kotani Pay, an African FinTech platform that connects Web3...

Mukuru and MoneyGram join forces on cross-border payments

Mukuru, one of Africa’s largest FinTech platforms, has announced a strategic partnership with global payments giant MoneyGram to strengthen cross-border remittances across Africa and...

FinTech lender Zvilo secures €75m facility from Fasanara

Zvilo, a FinTech company specialising in working capital solutions for underserved markets, has secured an expanded credit facility of up to €75m from Fasanara Capital.

Mobile-first FinTech Wave raises €117m for Africa

Wave Mobile Money, a mobile-first FinTech company transforming how Africans manage and move money, has secured €117m in debt financing to deepen its reach across the continent.

Ubuy partners with Nuvei for Global Payment Solutions Growth

Ubuy, a premier international eCommerce platform headquartered in Kuwait and specialising in connecting global consumers with renowned brands, has collaborated with Nuvei Corporation, a top-notch Canadian FinTech enterprise.

FinTech investment in Africa nearly quadrupled in 2021, driven by PayTech...

African FinTech Investment surpasses $2bn in 2021 for the first time

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