Africhange
News

Africhange Secures IMTO Licence to Streamline Remittance to Nigeria

 Africhange, a cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo, has secured the International Money Transfer Operator [IMTO]

Earthbond
News

Madica Invests in Earthbond to Provide Affordable Solar Energy to Nigerian SMEs

Madica, a structured investment program designed for pre-seed stage startups in Africa, has announced its investment in Earthbond, a climate

Milken-Motsepe
Fintech

Milken-Motsepe Prize in FinTech Announces 10 Semifinalists

The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with

Mastercard
News

Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across MEA

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in the Middle East

Regfyl
Fintech Funding Investment Payment Venture Capital

Regfyl Raises $1.1m to Tackle Africa’s AML Compliance Crisis

Regfyl, a Nigerian anti-money laundering (AML) compliance startup, has raised $1.1 million in pre-seed funding to address the growing regulatory

SETTLE
Fintech Funding Investment Payment Venture Capital

Egyptian B2B Payment Startup SETTLE Raises $2m Pre-seed Funding

SETTLE, an Egypt-based B2B payment startup, has secured $2 million in a pre-seed funding round led by Shorooq Partners. Other

Omnisient
Fintech

Omnisient Wins Finovate’s 2024 Excellence in Financial Inclusion Award

Omnisient, a privacy-preserving data collaboration, has been awarded the globally recognised Finovate 2024 Excellence in Financial Inclusion Award. Omnisient was the only African fintech

Fido
Fintech Funding Investment Payment

Digital Financial Services Platform, Fido Secures $30m in Debt & Equity Funding

Fido, a Ghanaian digital financial services platform, has raised $30 million in debt and equity funding. The equity part ($20

Proparco
Product Launch

Rubyx Launches ‘Lending as a Service’ For African Microfinance Startups With Proparco Support

Proparco has granted a €400,000 loan to Rubyx through the Bridge by Digital Africa facility. This will enable the African

Busha
Cryptocurrency

Quidax, Busha Receive Licenses As Virtual Asset Service Provider From SEC 

Quidax and Busha, two Nigerian crypto startups, have received provisional operating licenses from Nigeria’s Securities and Exchange Commission (SEC) as virtual