Fintech
Nigeria: UBA Launches AfriGo Card to Boost Domestic Transactions and Financial Inclusion
United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion ...
Fintech
Nigeria: KPMG Report Advocates Blockchain Adoption in Nigeria as Crypto Transactions Reach $59 Billion
Despite the Central Bank of Nigeria’s (CBN) restrictions on cryptocurrency trading, Nigeria accounted for an estimated $59 billion in virtual currency transactions between ...
Fintech
Global: FTC Shuts Down Click Profit for Deceptive eCommerce Promises
The Federal Trade Commission (FTC) has taken legal action against eCommerce platform Click Profit, accusing the company of misleading consumers with false claims ...
Fintech
Ghana: Mojo Payments Unveils Innovation Hub to Accelerate Ghana’s Fintech Growth
Mojo Payments Limited, a licensed Enhanced Payment Service Provider under the Bank of Ghana (BoG), has launched its Innovation Hub, a strategic initiative ...
Fintech
Nigeria: Sycamore Expands into Wealth Management with SEC Fund Manager License
Nigerian digital lender Sycamore has secured a fund manager license from the Securities and Exchange Commission (SEC), marking a strategic expansion into wealth ...
Global
Global: FCA Seeks Industry Feedback on Removing £100 Contactless Payment Limit
The UK Financial Conduct Authority (FCA) is inviting industry feedback on its proposal to eliminate the current £100 contactless payment limit on card ...
Fintech
Kenya: KCB Bank Introduces Kenya’s First Platinum Multi-Currency Prepaid Card in Partnership with Compass Plus Technologies
KCB Bank Kenya has launched the country’s first platinum multi-currency prepaid card, developed in collaboration with Compass Plus Technologies, marking a significant advancement ...
Africa
Africa: PayAngel Secures Regulatory Milestone to Accelerate African Expansion
PayAngel, a leading remittance and payments provider, has strengthened its growth trajectory by securing an Enhanced Payment Service Provider (PSP) license from the ...
Fintech
Ghana’s President John Mahama Endorses Solana for Africa’s Fintech Growth
At the African Prosperity Dialogues Summit in Accra, Ghanaian President John Dramani Mahama expressed strong support for Solana, highlighting its potential to advance ...
Fintech
Global: ABN Amro-Owned Neobroker BUX Fined €1.6M for Inducement Violations
BUX, the European neobroker owned by ABN Amro, has been fined €1.6 million by Dutch regulators for compensating financial influencers (finfluencers), existing customers, ...