News

Global: Revolut launches as a bank in ten more European markets

Revolut has rolled out its Lithuanian banking licence across ten more markets. Customers in Belgium, Denmark, Finland, Germany, Iceland, Lichtenstein, Luxembourg, Netherlands, Spain, and ...

By Regtech AfricaJanuary 13, 20220

Regulatory

Global: FinCEN, FDIC to Hold ‘Tech Sprint’ for Digital Identity Tools

The proliferation of scams, information leaks and synthetic identity fraud is presenting a major challenge to the online financial services industry, federal regulators ...

By Regtech AfricaJanuary 13, 20220

Tanzania

Tanzania: Airtel Tanzania appoints Dinesh Balsingh new managing director

Dar es Salaam. Airtel Tanzania has Wednesday, January 12 announced the appointment of Mr Dinesh Balsingh as managing director, following the resignation of George ...

By Regtech AfricaJanuary 13, 20220

Ethopia

Ethiopia: Ethiopia licence hitch stalls M-Pesa expansion plan

Ethiopia has suspended bids for a second telecommunication licence that was to include mobile money, stalling Safaricom’s quest to launch M-Pesa in the country. The ...

By Regtech AfricaJanuary 13, 20220

Nigeria

Nigeria: FG approved N152bn IT projects in 12 months, says minister

The Minister of Communications and Digital Economy, Prof Isa Patami, has disclosed that the National Information Technology Development Agency approved 499 Information Technology ...

By Regtech AfricaJanuary 13, 20220

Nigeria

Nigeria: Kwik Delivery Reaches 100,000 Customers and Announces +400% GMV & Revenue Growth for 2021; Forecasts Aggressive Growth for 2022 Across All Verticals

Kwik is one of the few digital players able to propose access to end-to-end fulfillment and delivery services to its customers Kwik Delivery ...

By Regtech AfricaJanuary 12, 20220

News

Global: Fed Chair Powell: CBDC and Stablecoins Can Coexist

Markets rallied on the news but their overall future remains in limbo with inflation running hot and rate hikes on the horizon. Powell ...

By Regtech AfricaJanuary 12, 20220

Nigeria

Nigeria: Fintechs in Nigeria, others raised N1.5trn in 2021 – Report

According to a report by TechCrunch, the amount raised in 2021 was nine times more than what was raised five years ago. It ...

By Regtech AfricaJanuary 12, 20220

Startup

Ivory Coast-based e-commerce startup Afrikrea raises $6.2m pre-Series A round, rebrands

Ivory Coast-based startup Afrikrea, the e-commerce platform for “all things made of Africa’”, has raised a US$6.2 million pre-Series A funding round and ...

By Regtech AfricaJanuary 12, 20220

Egypt

Egypt: e-Cards, MoneyFellows Partnership to Provide Digital Financing Solutions to Pension and Cash Support Beneficiaries

e-Cards, a subsidiary of e-finance Investment Group operating in integrated smart solutions, has signed an agreement with prominent fintech MoneyFellows to provide facilitated ...

By Regtech AfricaJanuary 12, 20220

Global: Revolut launches as a bank in ten more European markets

Global: FinCEN, FDIC to Hold ‘Tech Sprint’ for Digital Identity Tools

Tanzania: Airtel Tanzania appoints Dinesh Balsingh new managing director

Ethiopia: Ethiopia licence hitch stalls M-Pesa expansion plan

Nigeria: FG approved N152bn IT projects in 12 months, says minister

Nigeria: Kwik Delivery Reaches 100,000 Customers and Announces +400% GMV & Revenue Growth for 2021; Forecasts Aggressive Growth for 2022 Across All Verticals

Global: Fed Chair Powell: CBDC and Stablecoins Can Coexist

Nigeria: Fintechs in Nigeria, others raised N1.5trn in 2021 – Report

Ivory Coast-based e-commerce startup Afrikrea raises $6.2m pre-Series A round, rebrands

Egypt: e-Cards, MoneyFellows Partnership to Provide Digital Financing Solutions to Pension and Cash Support Beneficiaries

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