News

NIGERIA: FBN Holdings Records N8.5trn Total Assets, N40.79bn PAT

FBN Holdings Plc has announced that it gained 11 per cent to hit N8.51trillion in total assets as at September 30, 2021 from ...

By Regtech AfricaDecember 9, 20210

South Africa

SA: Tyme raises $180 million in funding deal involving Tencent and UK’s CDC Group

Multi-country digital banking group, Tyme, has secured $180 million Series B capital raise from Chinese multi-national technology conglomerate Tencent and UK impact investor CDC Group. ...

By Regtech AfricaDecember 9, 20210

Kenya

Kenya fintech Hisa launches U.S. stocks trading platform for Kenyans

Hisa Technologies has unveiled the Hisa mobile that allows anyone in Kenya to invest in US stocks and ETFs directly from their phones through mobile ...

By Regtech AfricaDecember 9, 20210

Kenya

Kenya: Digital lenders have six months to acquire license

Kenya’s president signs new law to police digital lenders, apps have six months to apply for licenses Getting loans in banks can be ...

By Regtech AfricaDecember 8, 20210

Mastercard Aiia acquisitions open banking

Global

Mastercard realigns int’l operations, expands and enhances presence across Africa, others regions

Middle East and Africa (MEA) region expanded to Eastern Europe, Middle East and Africa (EEMEA), covering 81 of the 210 markets where Mastercard ...

By Regtech AfricaDecember 8, 20210

News

Zimbabwe: RBZ Mops Up $1,3 Billion Excess Cash in One Month

The Reserve Bank of Zimbabwe (RBZ) has mopped up a total $1,31 billion excess cash through Negotiable Certificates of Deposit (NCD) in a ...

By Regtech AfricaDecember 8, 20210

News

Uganda: MTN Uganda Lists On Stock Market

About 21,394 people in Uganda have become shareholders in MTN Uganda following the conclusion of the company’s Initial Public Offer (IPO). MTN Uganda ...

By Regtech AfricaDecember 8, 20210

Innovation

Tanzania: Standard Chartered Bank Unveils First Digital Branch

Standard Chartered Bank Tanzania has launched the first digital bank branch in Tanzania that aims to enhance convenience for its customers. The digital ...

By Regtech AfricaDecember 8, 20210

News

Zimbabwe: ZACC Boss Accuses Financial Institutions of Aiding Corruption

The Zimbabwe Anti-Corruption Commission (ZACC) chairperson Loice Matanda-Moyo has accused local banks of colluding with corrupt individuals to clean up ill-gotten wealth. She ...

By Regtech AfricaDecember 8, 20210

Africa

TUNISIA : TSE LAUNCHES FIRST ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTING GUIDE

The Tunis Stock Exchange, the Financial Market Council (CMF) and the Konrad Adenauer Stiftung (KAS), has launched the new environmental, social and governance ...

By Regtech AfricaDecember 8, 20210