Tag: Africa

Australian RegTech leader Arctic Intelligence is going to help African Bank meet its anti-money laundering (AML) and counter financing of terrorism (CFT) targets.

After picking up a massive $120m Series B round in November 2019, OPay has faced rumours that it may not launch across Nigeria as heavily as before because of COVID-19.

Okra, which helps to connect apps with bank accounts, has reportedly raised $1m in pre-seed funding.

Nigerian FinTech One Kiosk has teamed up with US-based mobile financial service provider HUMBL to give its native merchants’ online ordering and delivery services a power boost.

Mobile payment provider Samsung Pay has celebrated passing a significant milestone in Africa.

Bitcoin traders in Africa can now trade South African rand and American dollars on SAFCOIN, the cryptocurrency exchange, without paying any transaction fees.

South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).

Samsung has strengthened its hold of the African market by signing up South African financial services group Nedbank as its latest Samsung Pay partner.

South African challenger bank Bank Zero might be opening within the next few months, according to The Africa Report.

Credit Suisse has long claimed that it was deceived by rouge bankers when it lent $2bn in a criticised Mozambique deal.