Fintech
Kenya: Lipa Later Placed Under Administration Amid Financial Turmoil and Failed Fundraising
Kenyan buy-now-pay-later (BNPL) fintech Lipa Later has officially entered administration as of March 24, 2025, following prolonged financial struggles and unsuccessful fundraising efforts. ...
Fintech
Global: dLocal Expands Google Play Payment Options in Kenya with Airtel Mobile Money Integration
Global payment solutions provider dLocal has partnered with Airtel Mobile Money to enhance digital payment accessibility for Google Play users in Kenya. This ...
Fintech
Nigeria: Zone CEO Obi Emetarom Advocates for Regulated Blockchain to Transform Nigeria’s Financial Services
Obi Emetarom, CEO of Zone, is championing the adoption of regulated blockchain technology as a transformative solution for Nigeria’s financial services industry. In ...
Fintech
PayPal and Ignyte Partner to Drive Startup and SMB Expansion in the UAE
PayPal has partnered strategically with Ignyte, a Dubai-based digital platform, to enhance support for startups and small- to medium-sized businesses (SMBs) in the ...
Africa
Nigeria, Other African Nations to See Digital Payments Surge to $1.5 Trillion by 2030 – Report
Nigeria and other African countries are on track to witness digital payments soar to $1.5 trillion by 2030, propelled by increasing internet penetration ...
Fintech
Nigeria: Paystack Expands into Consumer Payments with Zap, a Fast Transfer App
After nearly a decade of revolutionizing online payments for businesses, Paystack is making a bold move into the consumer payments space with Zap, ...
Fintech
Nigeria’s NIBSS and Ceva Compete for Kenya’s Fast Payment System Project
Nigeria’s Interbank Settlement System (NIBSS) and Kenyan payment solutions provider Ceva Limited are actively lobbying Kenyan President William Ruto to secure the contract ...
Fintech
Nigeria Accelerates Shift to Digital Payments as Cash Transactions Decline by 32% by 2030 – WorldPay Report
Nigeria is experiencing a rapid transition toward digital payments, with cash transactions expected to decrease by 32% by 2030, according to WorldPay’s Global ...
Fintech
Yango Ventures Unveils $20M Fund to Drive African Startup Growth
Yango Group, a global tech company, has launched Yango Ventures, a corporate venture fund aimed at empowering early-stage startups across sub-Saharan Africa, Latin ...
Fintech
Baobab Nigeria Acquisition Yields 3x Return for Alitheia and Goodwell Investments
Baobab, a global financial services group managing over $900 million in its loan portfolio, has fully acquired its Nigerian subsidiary, Baobab Nigeria. This ...