Tag: Africa

Zone secures $8.5m seed funding to revolutionise payment systems in Africa

Zone, an emerging powerhouse in Africa's financial technology landscape, announced a significant milestone in its growth trajectory with the completion of an $8.5m oversubscribed seed funding round.

tookeez raises $1.5m from Azur Innovation Fund to revolutionise loyalty programmes

Moroccan FinTech startup tookeez, has successfully secured $1.5m in funding to bolster its technical capabilities and expansion efforts.

Nigeria retains top spot in Africa for early stage FinTech investment...

Key African FinTech seed investment stats in 2023 • African FinTech seed deals totalled at 116 transactions in 2023, a 49% drop from 2022 • African...

Mastercard and MTN Group Fintech partner to boost Africa’s mobile money...

Mastercard, a global technology company in the payment industry, and MTN Group Fintech, a leading digital financial services arm of Africa's largest mobile network operator, have joined forces in a landmark partnership. This collaboration aims to drive the acceleration of the mobile money ecosystem across Africa, impacting 13 markets.

Alviere and Onafriq forge strategic alliance to boost financial inclusion in...

Alviere, a trailblazer in the embedded finance platform sector, has recently announced a strategic partnership with Onafriq, which is hailed as Africa's most extensive digital payments network.

Ebury expands into Africa with strategic acquisition of Prime Financial Markets

Ebury, a prominent global FinTech firm based in London, recently announced its acquisition of Prime Financial Markets, a South Africa-based financial services provider specialising in treasury and financial market advisory and intermediary services.

IDEX Biometrics and Toppan Gravity unveil biometric Smart Cards in Emerging...

IDEX Biometrics and Toppan Gravity, a wholly-owned subsidiary of the Toppan Group, a leading provider in the secure payment and identity industries, are set to introduce innovative biometric cards.

Almond FinTech secures $7m funding to transform global financial transactions

Almond FinTech, a B2B technology company known for its innovative approach in connecting the fiat and digital currency worlds, has recently achieved a significant funding milestone.

South Africa, Nigeria and Kenya battle for leading FinTech country in...

Key FinTech investment stats in Africa during Q3 2023: • African FinTech deal activity reached 51 transactions in Q3 2023, a 28% drop YoY • African...

Global finance under threat: Tracing Hezbollah-related sanctions and illicit transactions

Unsurprisingly, terrorism-related events, especially those connected with recent happenings in the Middle East, have been a dominant topic in news headlines globally.

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