Fintech
Nigeria: Stanbic IBTC to Bolster Zest Payments with ₦4 Billion Investment for Fintech Expansion
Stanbic IBTC Holdings Plc, a subsidiary of Standard Bank Group, is set to inject ₦4 billion ($2.48 million) into its fintech arm, Zest ...
Fintech
Global: KuCoin to Suspend U.S. Operations Following Legal Settlement
Cryptocurrency exchange KuCoin will exit the United States market for a minimum of two years after its operator, Seychelles-based Peken Global Limited, pleaded ...
Fintech
South Africa: Stitch Expands Into In-Person Payments with ExiPay Acquisition
South African fintech leader Stitch, widely recognized for its innovative digital payment solutions, has announced the acquisition of ExiPay, a startup specializing in ...
Africa
Africa: Accrue Secures $1.58 Million Seed Funding to Advance Cross-Border Payment Solutions
Fintech startup Accrue has raised $1.58 million in seed funding to expand its cross-border payment services across Africa. The round was led by ...
Africa
Africa: Waza Launches Lync to Revolutionize Cross-Border Transactions for African Businesses
Waza, a Y Combinator-backed B2B payments startup, has introduced Lync, a cutting-edge banking product designed to transform how African businesses manage international transactions. ...
Fintech
Kenyan Fintech Associations Unite to Form The FinTech Alliance
In a groundbreaking move for Kenya’s financial technology sector, five major representative associations have come together to establish The FinTech Alliance (TFA), a ...
Fintech
Nigeria: Moniepoint Breach: N1.1 Billion Stolen in Dark Web Operation
Moniepoint Microfinance Bank has suffered a significant cybersecurity breach, with over N1.1 billion reportedly stolen through a sophisticated dark web operation orchestrated by ...
Fintech
Global: PayPal to Pay $2 Million Fine Over Cybersecurity Failures Exposing Customers’ Social Security Numbers
PayPal has agreed to pay a $2 million fine to settle charges from the New York State Department of Financial Services (NYDFS) over ...
Fintech
Global: Visa Partners with Moniepoint to Drive SMB Growth and Financial Inclusion in Africa
Visa, a global leader in digital payments, has announced a strategic investment in Nigerian FinTech Moniepoint, signaling a bold move to accelerate the ...
Africa
Africa: Sava and Access Bank Launch SARB-Approved Digital Banking Platform for South African SMEs
Sava has secured regulatory approval from the South African Reserve Bank (SARB) to launch a cutting-edge digital banking platform designed specifically for small ...