Tag: Africa

RizRemit taps dLocal to streamline cross-border payouts

dLocal, a leading cross-border payments platform specialising in emerging markets, has partnered with digital remittance provider RizRemit to expand and accelerate payout operations across key corridors in Africa and Asia.

Flutterwave expands licensed payments in Cameroon

Flutterwave, a leading FinTech in Africa, has strengthened its commitment to businesses in Cameroon by launching a fully licensed suite of digital payment services, officially approved by the Central Bank for Central African States.

Panda Remit taps dLocal to drive faster cross-border remittances across Africa

dLocal has joined forces with global remittance provider Panda Remit to accelerate financial access across Africa through faster, more reliable cross-border payments.

The high price of non-compliance in financial services

As financial sectors globally face increased regulatory pressures, the fiscal footprint of maintaining compliance has surged dramatically. According to AscentAI, annually, regions including Asia-Pacific,...

Apis Partners exits Baobab as Beltone Capital takes majority stake

Apis Growth Fund I, a private equity fund managed by UK-based asset manager Apis Partners, has signed binding agreements to fully exit its stake in Baobab, a prominent financial services provider in Africa.

Raenest raises $11m in QED-led funding to expand global banking solutions

Raenest, a FinTech company providing global multi-currency accounts for individuals and businesses across Africa, has secured $11m in a Series A funding round.

MENA-based Fincart attracts investors to redefine e-commerce logistics

Fincart.io, a platform aimed at helping e-commerce SMBs overcome shipping challenges and unlock working capital, has successfully closed its pre-seed funding round.

Furaha secures $10m funding to revolutionise education financing in Africa

Furaha, a purpose-driven lending platform headquartered in Dubai International Financial Centre (DIFC), has announced its mission to enhance financial inclusion across sub-Saharan Africa.

Billboxx secures $1.6m pre-seed funding to tackle SME cash flow in...

Billboxx, an integrated billing-to-payment platform focused on ensuring timely payments for businesses across Africa, has closed a $1.6m pre-seed funding round.

Village Capital invests $150k in Rhea and Regxta to empower women-led...

Village Capital, an organisation dedicated to supporting innovative ventures, has announced an investment of $150k in two women-led startups, Rhea Soil Health Management and Regxta, through Standard Chartered’s Women in Tech Financing Facility, according to a report from TechAfrica News.

120,000+ FinTech leaders get exclusive industry stories delivered every week