News

Société Générale is acquiring freelancer challenger bank Shine

Société Générale is acquiring French startup Shine. Terms of the deal are undisclosed. According to a source, Shine is getting acquired for around €100 million in ...

By Regtech AfricaJuly 1, 20200

Startup

Grab’s CTO for its core tech and transport business steps down

Mark Porter, Grab‘s chief technology officer for its core technologies and transport business, has stepped down from the role. In an emailed statement to Tech ...

By Regtech AfricaJuly 1, 20200

News

Netflix moving $100 million of cash holdings to black-owned banks

Netflix is pledging $100 million to support black-owned banks, the company announced Tuesday. The streaming video giant announced that it would shift 2 ...

By Regtech AfricaJuly 1, 20200

Nigeria

NIRSAL MFB Closes COVID-19 Loan Application Portal – Disburses N49 Billion To Over 80,000 Households

NIRSAL Microfinance Bank has announced the closure of the Targeted Credit Facility, otherwise known as the COVID-19 Loan application. The bank made the ...

By Regtech AfricaJuly 1, 20200

News

Visa-Owned Fintech Startup Slammed With Class Action Lawsuit for Data Breach

A class action by aggrieved users of various payment apps such as Venmo, Square’s Cash App, and Stripe filed a lawsuit against Visa-acquired ...

By Regtech AfricaJuly 1, 20200

Regulatory

CBN probes forex dealers for imports regulations violation

The Central Bank of Nigeria has said it is probing some dealers for allegedly procuring foreign currencies for the purpose of importing items, ...

By Regtech AfricaJuly 1, 20200

News

Teflon Thailand is primed for Israeli innovation solutions

The economic relations between Israel and Thailand are blossoming like never before. But for Dagan Alony, head of Israel’s Economic and Trade Mission ...

By Regtech AfricaJuly 1, 20200

News

EU approves Turkish firms’ tech projects

The EU Commission is giving backing to a number of Turkish firms’ tech-related projects, said the Scientific and Technological Research Council of Turkey ...

By Regtech AfricaJuly 1, 20200

South Africa

Big online shopping delivery problems in South Africa – Takealot, OneDayOnly, and Loot affected

Some of South Africa’s largest ecommerce platforms have struggled to keep up with customer demand in recent weeks. A lot of the blame ...

By Regtech AfricaJune 30, 20200

Nigeria

Nigeria: SEC moves to protect investors from bogus offers

Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has introduced a major amendment to disclosures and information to be included in ...

By Regtech AfricaJune 30, 20200

Société Générale is acquiring freelancer challenger bank Shine

Grab’s CTO for its core tech and transport business steps down

Netflix moving $100 million of cash holdings to black-owned banks

NIRSAL MFB Closes COVID-19 Loan Application Portal – Disburses N49 Billion To Over 80,000 Households

Visa-Owned Fintech Startup Slammed With Class Action Lawsuit for Data Breach

CBN probes forex dealers for imports regulations violation

Teflon Thailand is primed for Israeli innovation solutions

EU approves Turkish firms’ tech projects

Big online shopping delivery problems in South Africa – Takealot, OneDayOnly, and Loot affected

Nigeria: SEC moves to protect investors from bogus offers

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