Fintech

GTCO Achieves Record-Breaking Financial Performance in 2024, Doubling Profit Before Tax

Guaranty Trust Holding Company Plc (GTCO) has reported an exceptional financial performance for the year ending December 31, 2024, achieving a record-breaking profit ...

By Regtech AfricaApril 1, 20250

Global

European Payment Alliance Advances Instant Cross-Border Transactions

The European Payment Alliance (EuroPA) has initiated a major shift towards instant cross-border payments by integrating mobile transfer schemes such as Italy’s Bancomat, ...

By Regtech AfricaApril 1, 20250

Fintech

eTranzact Achieves Strong Profit Growth Despite Revenue Decline in 2024

eTranzact International Plc has reported a 53.2% surge in pre-tax profit for the fiscal year ending December 31, 2024, reaching N4.8 billion, despite ...

By Regtech AfricaApril 1, 20250

Global

Global: xAI Acquires X for $45 Billion to Launch AI-Powered Content Platform

Elon Musk’s artificial intelligence company, xAI, has officially acquired his social media platform, X, in a multibillion-dollar deal aimed at creating a next-generation, ...

By Regtech AfricaApril 1, 20250

Africa

Mercurie Revolutionizes Digital Payments for African Businesses

SaaS startup Mercurie has launched an innovative next-generation payment platform designed to transform how African businesses manage and pay for global digital services—all ...

By Regtech AfricaMarch 30, 20250

News

Nigeria: PenCom Launches Automated Pension Remittance System to Enhance Compliance

The National Pension Commission (PenCom) has introduced a digital pension remittance platform designed to automate the process of pension contribution remittances and address ...

By Regtech AfricaMarch 30, 20250

News

Telkom South Africa Expands into the MVNO Market

Telkom South Africa is making a strategic move into the Mobile Virtual Network Operator (MVNO) space by partnering with a leading Mobile Virtual ...

By Regtech AfricaMarch 30, 20250

Global

FDIC Introduces ‘New Approach’ for Banks Engaging in Crypto Activities

The Federal Deposit Insurance Corporation (FDIC) has announced a significant shift in its regulatory approach, allowing FDIC-supervised institutions to engage in cryptocurrency-related activities ...

By Regtech AfricaMarch 30, 20250

Kenya

IMF Review: Kenya Confronts Intensified External Financial Risks – Fitch

Kenya’s financial landscape is facing mounting external risks following the cancellation of its ninth and final review under the current Extended Fund Facility ...

By Regtech AfricaMarch 30, 20250

Global

Cleo AI Agrees to $17 Million Settlement in FTC ‘Fast Money’ Case

Online cash advance provider Cleo AI has reached a $17 million settlement with the Federal Trade Commission (FTC) following allegations that the company ...

By Regtech AfricaMarch 28, 20250

GTCO Achieves Record-Breaking Financial Performance in 2024, Doubling Profit Before Tax

European Payment Alliance Advances Instant Cross-Border Transactions

eTranzact Achieves Strong Profit Growth Despite Revenue Decline in 2024

Global: xAI Acquires X for $45 Billion to Launch AI-Powered Content Platform

Mercurie Revolutionizes Digital Payments for African Businesses

Nigeria: PenCom Launches Automated Pension Remittance System to Enhance Compliance

Telkom South Africa Expands into the MVNO Market

FDIC Introduces ‘New Approach’ for Banks Engaging in Crypto Activities

IMF Review: Kenya Confronts Intensified External Financial Risks – Fitch

Cleo AI Agrees to $17 Million Settlement in FTC ‘Fast Money’ Case

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