News

Nigeria Securities and Exchange Commission Clarifies position on Digital Assets

The Securities and Exchange Commission (SEC) of Nigeria has clarified the perceived policy conflict of it’s position on digital assets and the recent ...

By Regtech AfricaFebruary 14, 20210

News

Kenyan paytech Popote raises funding from GreenHouse Capital

Kenyan paytech, Popote, has raised an undisclosed amount of funding from Lagos-based investment firm, GreenHouse Capital, to help it scale. Popote launched its ...

By Regtech AfricaFebruary 14, 20210

News

BLOC Smart Africa fund secures capital from Ivory Coast & Luxembourg

The governments of Ivory Coast and Luxembourg are prepared to invest a total of €10 million ($12 million) into Bamboo Capital Partners’ BLOC ...

By Regtech AfricaFebruary 14, 20210

News

Nigeria’s Xend Finance increases size of funding round to $2m

Nigerian fintech, Xend Finance, a decentralised finance platform for credit unions and cooperatives, has topped up its funding round to $2 million as ...

By Regtech AfricaFebruary 14, 20210

News

Raiffeisen Bank to buy Czech Republic’s consumer lender Equa bank

Raiffeisen Bank International (RBI) has agreed to wholly acquire Czech Republic’s Equa bank, which focuses on consumer lending, for an undisclosed sum. Austria’s ...

By Regtech AfricaFebruary 14, 20210

Italian neobank illimity turns E16m loss into E31m profit in a year

News

Italian neobank illimity turns €16m loss into €31m profit in a year

Ilimity, the Milan-based neobank which came out of the Spaxs-Banca Interprovinciale merger, turned over a €31.1 million net profit last year. That’s an ...

By Regtech AfricaFebruary 14, 20210

Regulatory

Huawei to acquire Xunlian Zhipay for its payments licence

Huawei is in talks to acquire Xunlian Zhipay, a licensed payments institution. The deal is yet to be officially announced, and is still ...

By Regtech AfricaFebruary 14, 20210

Intelligence

Twitter to Label the Verified Accounts of Governments and Officials

Twitter is planning to label the verified accounts of governments and government officials. The social media network believes this will help users when ...

By Regtech AfricaFebruary 14, 20210

News

Women in Tech Virtual Forum to Launch

Two technology giants have joined forces to introduce an all-women virtual forum that will bring women in the South African tech space together ...

By Regtech AfricaFebruary 14, 20210

Startup

10 amazing Austrian startups to watch in 2021 and beyond

Austria’s startup scene has been garnering increasing attention in the past few years. Ranking as a top country in Europe for public pre-seed funding by ...

By Regtech AfricaFebruary 14, 20210