Global
Global: Latvian Fintech Handwave Secures $4.2M to Advance Palm-Based Payment Technology
Latvian fintech startup Handwave has raised $4.2 million in a new funding round aimed at scaling its biometric payment platform that allows users ...
Nigeria
Nigeria: Afriex Expands Cross-Border Payment Services into China, India, and Pakistan
Afriex, a fast-growing money transfer startup headquartered in Lagos and San Francisco, has announced its expansion into Asia’s three largest remittance corridors—China, India, ...
Regulatory
Global: Qatar Central Bank Approves Paywise (Dibsy) for Entry into Express Regulatory Sandbox
The Qatar Central Bank (QCB) has approved Paywise LLC, operating as Dibsy, for participation in its Express Regulatory Sandbox—marking a strategic step forward ...
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. ...
Africa
Google Launches 2025 AI Accelerator to Empower African Startups Driving Impactful Innovation
Google has officially opened applications for the 2025 edition of the Google for Startups Accelerator Africa Programme, a flagship initiative aimed at empowering ...
Ghana
Nigeria: Vendease Exits Ghana Market Amid Demand Surge and Strategic Shift Toward Software Solutions
In October 2024, Nigerian food supply and logistics startup Vendease officially ceased operations in Ghana, just a year after entering the market. Despite ...
Africa
Mercurie Revolutionizes Digital Payments for African Businesses
SaaS startup Mercurie has launched an innovative next-generation payment platform designed to transform how African businesses manage and pay for global digital services—all ...
Africa
Zap Africa Threatens Legal Action Against Paystack Over “Zap” Brand Name Dispute
A legal standoff is unfolding between cryptocurrency exchange Zap Africa and fintech giant Paystack over the use of the name “Zap.” The dispute ...
Africa
West Africa’s Start-Up Funding Boom: Nigeria’s Dominance and the Region’s Shifting Landscape
Since 2019, West Africa has emerged as a powerhouse in Africa’s start-up ecosystem, attracting $5.8 billion in funding—36% of the continent’s total, making ...
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 ...