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Visa Launches Stablecoin Payments in Latin America in Major Advance for Crypto
"The new offering—which is also being rolled out in Colombia, Ecuador, Peru, and Chile—stands out because it is being developed around non-volatile stablecoins."
- Categories
- Finance, Technology
- Region
- Latin America
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Viewpoint: Nigerian Crypto Companies Should Be Cautious as SEC Recognises Crypto as Securities
"Crypto’s new legal status in Nigeria could come at a cost."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Quiet Revival of Microfinance: Why The Sector is Poised for Greater Growth and Impact in 2025 and Beyond
After starting in the 1970s, the microfinance industry had become a global sensation by the early 2000s, only to see its momentum wane over the subsequent decade due to concerns about high interest rates and poor borrower outcomes. But according to Kris Coppock at Five Talents, a number of data points reveal that microfinance has quietly turned a corner in recent years. He explores how the sector is emerging from the malaise that defined the past decade, driven by a lending approach that treats access to capital as just one part of a wider toolkit for building resilience, opportunity and dignity.
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Glovo and Salad Africa Partner to Provide Financing Worth ₦100 Million for SMEs
The partnership will help to close the funding gap for Africa’s SMEs.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Fintech Startup PayTic Grabs $4 Million to Expand Payment Automation Across Africa
PayTic plans to use the funding to enhance its payment automation solutions and expand into North and Sub-Saharan Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Surfin Meta Digital Technologies: $26.5 Million Closed For Financial Technology Platform
With this additional funding, Surfin is well-positioned to build on its capabilities to develop more innovative technologies and build a sustainable digital financial ecosystem.
- Categories
- Finance, Technology
- Region
- South Asia
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Nigerian Fintech Bets on UK Diaspora With Remittance Push
The MonieWorld service enables money transfers from the UK to Nigeria, the latest in a growing number of remittance products from Africa targeting the $100 billion that flows annually from immigrants in the diaspora to the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Verdant Capital Expands Investment in LOLC Africa to $13.5 Million, Boosting MSME Financing Across the Continent
"Recognised as one of the world’s leading microfinance groups, LOLC targets customers at the “bottom of the pyramid” by improving access to financial services and increasing customer deposits across underserved communities."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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