Fintech
Global: Bahrain’s Central Bank Grants Payment Service Provider Licence to Binance-Affiliated BPay Global
The Central Bank of Bahrain (CBB) has officially granted a Payment Service Provider (PSP) licence to BPay Global, a payment services firm under ...
Fintech
Nigeria: Access Holdings Leads Tech Investment as Fraud Losses Plunge 73% in 2024
Access Holdings Plc, the parent company of Access Bank, has set a new benchmark in Nigeria’s financial services sector with a record-breaking ₦193.5 ...
Fintech
Nigeria: Ecobank Reaffirms Commitment to SME Empowerment at ‘Oja Oge’ Marketplace
Ecobank Nigeria has once again reinforced its strategic commitment to empowering small and medium-sized enterprises (SMEs) across key sectors of the Nigerian economy. ...
Egypt
DPI Acquires Egypt’s include Fintech Fund to Bolster Africa-Focused Investment Strategy
Development Partners International (DPI), a UK-based venture capital firm, has officially acquired Nclude, Egypt’s leading fintech-focused fund established by Global Ventures. This strategic ...
Fintech
Central Banks Launch Tender for Cross-Border Payments Network Operator Under Project Nexus
In a significant step toward transforming global payment systems, five central banks collaborating on Project Nexus—an initiative by the Bank for International Settlements ...
Fintech
PayPal and TerraPay Partner to Accelerate Cross-Border Digital Payments Across Middle East and Africa
In a move poised to reshape the cross-border payments ecosystem across the Middle East and Africa (MEA), PayPal has partnered with TerraPay to ...
Fintech
Stitch Raises $55M to Scale RegTech-Compliant Payment Solutions Across Africa
South African fintech innovator Stitch has secured $55 million in its latest funding round, reinforcing its mission to revolutionize Africa’s payments infrastructure with ...
Fintech
Belvo Secures $15M to Scale Open Finance Infrastructure Across Latin America
In a significant boost to Latin America’s financial innovation ecosystem, Mexico City-based Open Finance API platform Belvo has secured $15 million in funding, ...
Fintech
Nigeria: Wema Bank Launches N150 Billion Rights Issue to Strengthen Capital Base and Drive Digital Expansion
Wema Bank PLC has unveiled a significant capital raising initiative, launching a N150 billion Rights Issue as part of its strategy to meet ...
Fintech
Nigeria: OPay’s Valuation Rises to $2.75 Billion Amid Global Fintech Slowdown
Amid a sharp contraction in global venture capital funding, Africa-focused fintech giant OPay has defied the odds, reaching a valuation of $2.75 billion, ...