Fintech
Global: Ukraine’s Central Bank Declares Revolut Requires License for Operations
Ukraine’s central bank has clarified that Revolut, the London-based fintech giant, lacks the necessary licensing to operate in the country, despite its recent ...
Africa
Nigeria: Interswitch Leads AI Adoption to Drive Workforce Evolution and Economic Growth
Interswitch Group, a leading player in Africa’s payments and digital commerce sector, is reinforcing the transformative role of Artificial Intelligence (AI) in shaping ...
Fintech
Flutterwave Secures Payment System License in Zambia, Strengthening Digital Payment Solutions
Flutterwave has taken a major step forward in its African expansion strategy by securing a Payment System License from the Bank of Zambia. ...
Fintech
Stripe Reaches $91.5 Billion Valuation as AI Investments Drive Growth
Stripe has announced a tender offer for employees and shareholders, valuing the payments giant at $91.5 billion—nearing its 2021 peak of $95 billion. ...
Fintech
Behavox Acquires Mosaic Smart Data to Strengthen AI-Driven Trade Surveillance
AI-driven compliance and insights company Behavox has acquired Mosaic Smart Data, a provider of analytics solutions that enable financial institutions to derive actionable ...
Africa
MTN Group Fintech Partners with Network International to Expand Digital Payments Across Africa
MTN Group Fintech, a leading provider of mobile financial services in Africa, has partnered with Network International, a key player in digital ...
Fintech
Global: Avalanche Unveils Visa-Backed Crypto Card to Boost Global Financial Access
The Avalanche Foundation has introduced a new Visa-backed crypto card, enabling users to make purchases against the value of their digital assets. The ...
Fintech
Global: Crypto Exchange OKX Fined $505M for AML Violations and Regulatory Breaches
OKX, one of the world’s largest cryptocurrency exchanges, has been hit with a $505 million penalty after admitting to violating U.S. anti-money laundering ...
Fintech
Ecobank Uganda and Ria Money Transfer Collaborate to Strengthen Remittance Services
Ecobank Uganda has announced a strategic partnership with Ria Money Transfer, a global leader in cross-border remittances, to enhance international money transfer ...
Fintech
Nigeria: EFInA Unveils New Identity and Five-Year Strategy to Strengthen Financial Inclusion in Nigeria
Enhancing Financial Inclusion and Advancement (EFInA) has launched a new brand identity alongside an ambitious five-year strategy aimed at accelerating financial inclusion ...