Fintech

EXCLUSIVE

Oui Capital urges fintech investors to prioritise Africa’s cross-border payments infrastructure

An image of two hands holding on to money

EXCLUSIVE

Carrot Credit raises $4.2m to help Africans access loans using digital investments as collateral

Carrot Credit founder

EXCLUSIVE

Thndr raises $15.7m to expand investment access in MENA, targets UAE and Saudi Arabia

Thndr founders

EXCLUSIVE

Catalyst Partners seals Egypt’s first fintech SPAC deal in $23m Qardy buyout

merger

EXCLUSIVE

PalmPay named Africa’s fastest-growing fintech

PalmPay Verve card

EXCLUSIVE

Airtel Africa plots H1 2026 IPO on the back of mobile money boom

Airtel Money

EXCLUSIVE

MoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt

Some members of the Money Fellows team.

EXCLUSIVE

Access Holdings’ consolidation to boost Access Bank’s digital and retail growth

Access Bank

EXCLUSIVE

Bankly acquired by investment firm seven months after appointing new MD

Bankly Pos

EXCLUSIVE

How GetEquity became profitable by shifting from equity to debt investments

GetEquity team

EXCLUSIVE

Lendsqr wants to change loan disbursement with AI-generated credit score for Nigerians

Credit score

EXCLUSIVE

Almost 50% of Nigerians turn to informal credit as bank loans become expensive 

african market woman smiling while counting money

EXCLUSIVE

Nigeria’s POS agents bridge the gap to financial inclusion but at a high cost

Someone using an ATM card at a Point of sale machine

EXCLUSIVE

MonieWorld: Moniepoint’s foot in the door for diaspora remittances

Moniepoint terminal

EXCLUSIVE

OPay’s valuation climbs to $2.75B despite slowdown in venture funding

Opay

EXCLUSIVE

South Africa’s Stitch secures $55M in new funding round

Stitch team

EXCLUSIVE

BNPL in South Africa gets boost with Happy Pay and Peach Payments partnership

buy now, pay later

EXCLUSIVE

Africa leads the world with 1.1 billion mobile money accounts and $1.1 trillion in transactions

Mobile money

EXCLUSIVE

Umba secures $5m debt facility to grow loan book in Kenya

Umba co-founder Tiernan Kennedy

EXCLUSIVE

Moroccan fintech PayTic secures $4M to expand payment automation across Africa

Contactless and cashless payment through qr code and mobile bank

Carrot Credit raises $4.2m to expand its asset-backed lending platform, enabling Africans to access credit by leveraging stocks, crypto, and fixed-income investments



Catalyst Partners Middle East has acquired Egyptian fintech startup Qardy for $23 million in a SPAC merger.


PalmPay has been named Africa’s fastest-growing fintech by the Financial Times, reporting $63.9M in revenue and over 35M users.


Airtel Africa will list Airtel Money in 2026 after delaying plans due to market shifts. The IPO comes as the fintech arm grows across Africa amid regulatory probes in East African markets.


With 8.5 million users and profitability in Egypt, MoneyFellows plans to launch in Morocco and explore other African and South Asian markets fuelled by $13 million in funding.


Access Holdings is entering a consolidation phase to strengthen its operations, paving the way for Access Bank to accelerate digital innovation


C-One Ventures has acquired Nigerian fintech and microfinance bank Bankly. Co-founder and CEO Tomilola Majekodunmi will stay on in an advisory role during the transition


GetEquity has reached profitability by shifting to local debt notes, processing over ₦500 million in transactions.


Lendsqr has launched an AI-powered credit assessment tool in Nigeria that analyses financial, voice, and video data to detect fraud, improve loan accuracy, and boost access to credit, especially for underserved borrowers.




Moniepoint debuts MonieWorld, a digital banking platform for African immigrants. Starting in the UK, it offers remittances to Nigeria and plans to expand into full diaspora banking services.


OPay’s valuation increased to $2.75 billion in 2024, driven by a growing user base and expanded product offerings. Its ability to maintain this valuation despite modest growth reflects solid business performance and sustained investor confidence.


South African fintech Stitch has received fresh funding of $55 million to expand its payment suite. The company is building on past acquisitions and partnerships to deepen its footprint across Africa’s digital finance space.


Happy Pay partners with Peach Payments to expand BNPL in South Africa, offering interest-free, deposit-free checkout options. The move targets credit-averse shoppers and aims to drive higher conversions for merchants.


Mobile money is booming in Africa, with over 1.1 billion accounts and $1.1 trillion in transactions in 2024 alone.


Umba, a digital bank in Kenya, has raised $5 million in debt financing from Star Strong Capital to expand its loan portfolio after seeing rapid growth thanks to strong demand for vehicle and SME loans.


Moroccan fintech PayTic has secured $4 million in funding to accelerate the growth of its payment automation platform with plans to expand into North and Sub-Saharan Africa.


Oui Capital urges fintech investors to prioritise Africa’s cross-border payments infrastructure

A new report urges fintech investors in Africa to back payment infrastructure over consumer apps, warning that ignoring core systems like APIs and FX layers could mean missing the market’s biggest opportunity.

Follow the story

Carrot Credit raises $4.2m to help Africans access loans using digital investments as collateral

Nigerian fintech Carrot Credit raises $4.2m to scale its asset-backed lending model, helping Africans unlock loans using stocks, crypto, and fixed income as collateral.

Follow the story

Thndr raises $15.7m to expand investment access in MENA, targets UAE and Saudi Arabia

Egyptian fintech Thndr secures $15.7m to expand in MENA, launches new products for retail and pro investors, eyes UAE and Saudi market growth.

Follow the story

Catalyst Partners seals Egypt’s first fintech SPAC deal in $23m Qardy buyout

Catalyst Partners Middle East acquires Qardy in a SPAC deal signalling growing investor appetite for fintech innovation in North Africa.

Follow the story

PalmPay named Africa’s fastest-growing fintech

PalmPay tops the Financial Times’ 2025 list of Africa’s fastest-growing fintechs, reporting strong revenues, 15 million daily transactions, and plans to expand into four more African countries by year-end.

Follow the story

Airtel Africa plots H1 2026 IPO on the back of mobile money boom

Airtel Africa has postponed the IPO of its mobile money unit to 2026, pushing back its original 2025 target as it focuses on expanding its digital payments business.

Follow the story

MoneyFellows raises $13m to digitise traditional savings and expand beyond Egypt

MoneyFellows raises $13m to digitise traditional savings groups and expand beyond Egypt, starting with Morocco later this year.

Follow the story

Access Holdings’ consolidation to boost Access Bank’s digital and retail growth

Access Holdings’ consolidation phase sets the stage for Access Bank to expand digital platforms, boost retail banking, and drive financial inclusion across Africa.

Follow the story

Bankly acquired by investment firm seven months after appointing new MD

Nigerian fintech company Bankly has been acquired by an investment firm seven months after it appointed new MD. The fintech’s licence, offerings, and two million customers will now be integrated with the investment firm’s portfolio.

Follow the story

How GetEquity became profitable by shifting from equity to debt investments

GetEquity, a Nigerian equity crowdfunding platform, has achieved profitability by pivoting to debt notes. The platform has processed over ₦500 million since introducing debt notes.

Follow the story

Lendsqr wants to change loan disbursement with AI-generated credit score for Nigerians

Lendsqr’s AI credit scoring tool uses financial, voice, and video data to assess loan risk in Nigeria, aiming to speed up approvals and fight fraud while promoting financial inclusion.

Follow the story

Almost 50% of Nigerians turn to informal credit as bank loans become expensive 

Faced with mounting regulatory levies, a steep rate spread, and the world’s highest cash reserve ratio, Nigerian banks are left with little choice but to shift some of the burden to customers — perpetuating a disturbing trend.

Follow the story

Nigeria’s POS agents bridge the gap to financial inclusion but at a high cost

POS agents have become essential to financial access in Nigeria, especially in rural areas. However, rising fees are placing a heavy burden on the very people they were meant to help.

Follow the story

MonieWorld: Moniepoint’s foot in the door for diaspora remittances

Moniepoint has launched MonieWorld, a digital banking platform for African immigrants, starting in the UK. The service begins with remittances to Nigeria, but aims to offer full financial support to the diaspora.

Follow the story

OPay’s valuation climbs to $2.75B despite slowdown in venture funding

OPay’s valuation climbs to $2.75B in 2024, up from $2B in 2021, driven by a growing user base and continued market expansion.

Follow the story

South Africa’s Stitch secures $55M in new funding round

Stitch has secured new funding of $55 million to expand its end-to-end payment solutions, building on past acquisitions and partnerships to grow across Africa.

Follow the story

BNPL in South Africa gets boost with Happy Pay and Peach Payments partnership

Happy Pay has teamed up with Peach Payments to bring interest-free, deposit-free BNPL options to thousands of South African online merchants.

Follow the story

Africa leads the world with 1.1 billion mobile money accounts and $1.1 trillion in transactions

Africa now holds over half of the world’s mobile money accounts, with 1.1 billion registered mobile money accounts.

Follow the story

Umba secures $5m debt facility to grow loan book in Kenya

Umba, a digital bank in Kenya, has secured $5M in funding from Star Strong Capital to grow its loan book. With a sixfold revenue increase driven by vehicle and SME financing, the fintech is poised to expand its offerings and solidify its position in Kenya’s market.

Follow the story

Moroccan fintech PayTic secures $4M to expand payment automation across Africa

PayTic, a Moroccan fintech startup, has raised $4 million to scale its payment automation solutions across North and Sub-Saharan Africa.

Follow the story


Carrot Credit raises $4.2m to expand its asset-backed lending platform, enabling Africans to access credit by leveraging stocks, crypto, and fixed-income investments



Catalyst Partners Middle East has acquired Egyptian fintech startup Qardy for $23 million in a SPAC merger.


PalmPay has been named Africa’s fastest-growing fintech by the Financial Times, reporting $63.9M in revenue and over 35M users.


Airtel Africa will list Airtel Money in 2026 after delaying plans due to market shifts. The IPO comes as the fintech arm grows across Africa amid regulatory probes in East African markets.


With 8.5 million users and profitability in Egypt, MoneyFellows plans to launch in Morocco and explore other African and South Asian markets fuelled by $13 million in funding.


Access Holdings is entering a consolidation phase to strengthen its operations, paving the way for Access Bank to accelerate digital innovation


C-One Ventures has acquired Nigerian fintech and microfinance bank Bankly. Co-founder and CEO Tomilola Majekodunmi will stay on in an advisory role during the transition


GetEquity has reached profitability by shifting to local debt notes, processing over ₦500 million in transactions.


Lendsqr has launched an AI-powered credit assessment tool in Nigeria that analyses financial, voice, and video data to detect fraud, improve loan accuracy, and boost access to credit, especially for underserved borrowers.




Moniepoint debuts MonieWorld, a digital banking platform for African immigrants. Starting in the UK, it offers remittances to Nigeria and plans to expand into full diaspora banking services.


OPay’s valuation increased to $2.75 billion in 2024, driven by a growing user base and expanded product offerings. Its ability to maintain this valuation despite modest growth reflects solid business performance and sustained investor confidence.


South African fintech Stitch has received fresh funding of $55 million to expand its payment suite. The company is building on past acquisitions and partnerships to deepen its footprint across Africa’s digital finance space.


Happy Pay partners with Peach Payments to expand BNPL in South Africa, offering interest-free, deposit-free checkout options. The move targets credit-averse shoppers and aims to drive higher conversions for merchants.


Mobile money is booming in Africa, with over 1.1 billion accounts and $1.1 trillion in transactions in 2024 alone.


Umba, a digital bank in Kenya, has raised $5 million in debt financing from Star Strong Capital to expand its loan portfolio after seeing rapid growth thanks to strong demand for vehicle and SME loans.


Moroccan fintech PayTic has secured $4 million in funding to accelerate the growth of its payment automation platform with plans to expand into North and Sub-Saharan Africa.