Tag: Africa

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.

San Francisco and Lagos-based Flutterwave aims to beef up its technological and business muscles on the back of its new $35m Series B round.

Hot on the heels of launching its identity verification product in August 2019, VerifyMe Nigeria has closed a new investment round.

P2P payment startup Chipper Cash has secured new investment to expand into new African markets.

Turaco has netted $1.2m in a seed round. The Kenyan InsurTech startup will use it to expand into new markets and place new pilots and partnerships.