Global

Moody’s acquires PassFort and expands KYC and compliance capabilities

Moody’s Corporation has acquired PassFort and entered into an agreement to acquire kompany – two European providers of onboarding and KYC solutions. The acquisitions complement Moody’s technology, data, ...

By Regtech AfricaDecember 5, 20210

Africa

Mastercard and Meta come together to drive SMEs digitization in MEA

Payments technology firm Mastercard is collaborating with Meta to support the digitization and growth of SMEs across the Middle East and Africa (MEA) ...

By Regtech AfricaDecember 4, 20210

Kenya

Kenya Power plans to connect rural homes with high-speed Internet

State utility firm Kenya Power, is looking to capitalise on the rapidly increasing mobile data use in the country by connecting millions of ...

By Regtech AfricaDecember 4, 20210

News

Nigeria’s creative industry worth $4.5bn — Emefiele

The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has said the creative industry is an important one in the country, ...

By Regtech AfricaDecember 4, 20210

News

Nigeria: NCC boosts tech innovation development through its policy, regulatory initiatives – Danbatta

The Nigerian Communications Commission (NCC) has outlined various policy and regulatory initiatives being implemented by the Commission to reiterate its commitment towards ensuring continuous development ...

By Regtech AfricaDecember 4, 20210

Nigeria

Nigeria: Kuda passes 2m customer milestone, Wins banking award

Kuda Microfinance Bank has announced that it has passed the two-million customer milestone, just six months after the bank signed up its one-millionth ...

By Regtech AfricaDecember 4, 20210

Intelligence

Nigeria: Direct Remittances Drops by 62.4% to $1.96bn in 10 Months

Latest data by Central Bank of Nigeria (CBN) has revealed that total direct remittances from Nigerians in Diaspora dropped by 62,4 per cent ...

By Regtech AfricaDecember 4, 20210

Egypt

Egypt: Jumia to Offer Payment Services to Egypt Firms With New License

Jumia Technologies AG, one of Africa’s largest e-commerce companies, plans to offer its digital payments services to Egyptian firms, seeking to capitalize on ...

By Regtech AfricaDecember 4, 20210

Nigeria

Nigeria’s Flex Finance raises pre-seed funding to help it grow

Nigerian fintech startup Flex Finance, a mobile ecosystem that helps MSMEs and solo entrepreneurs better manage and track their daily business expenses and ...

By Regtech AfricaDecember 4, 20210