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Pan-African Fintech NALA Deepens Stablecoin Rails to Speed up Dollar Flows
Partnering with Noah allows NALA to offer global account usage, where companies can collect dollars anywhere in the world and pay out instantly in local currencies, all through licenced, regulated rails, said Fernandes.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mal Closes Record $230 Million Seed Round to Build World’s First AI-Native Islamic Digital Bank
This will be the world's first AI-native Islamic financial platform targeting the world’s 2 billion Muslim population and other underbanked communities.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Nigeria’s Paystack Moves Into Lending as It Acquires Ladder Microfinance Bank
Despite the number of players in Nigeria’s lending market, there’s still a substantial credit gap for small businesses estimated at around ₦13 trillion in unmet financing.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kenya Licenses 42 New Digital Lenders as It Seeks to Capitalize on Mobile Money
The country has one of the most advanced mobile money ecosystems in emerging markets, providing Kenyans with access to finance that is mobilized for everything from paying medical bills to launching businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, lending
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Flutterwave Buys Nigeria’s Mono in $25 Million – $40 Million Deal to Deepen Africa’s Fintech Infrastructure
Flutterwave runs one of the continent’s widest payment networks, supporting local and cross-border transactions across more than 30 African countries, while Mono has built open banking APIs that allow businesses to access bank data, initiate payments, and verify customers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Rwandan Fintech Startup Kayko Raises $1.2 Million Seed Funding Round
Rwandan fintech startup Kayko has raised US$1.2 million in seed funding for Kayko to support its mission of using data to unlock access to finance for small businesses across the country.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa Partners SpaceX to Roll Out Starlink Direct-to-Cell Connectivity Across 14 Markets
Under the partnership, Airtel Africa becomes the first mobile network operator on the continent to offer Starlink Direct-to-Cell services.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Moniepoint MFB Launches All-in-One Moniebook Platform to Empower MSMEs in Nigeria
The tool enables business owners to manage inventory, track sales, process payments, monitor staff roles, manage customer relationships, and generate real-time reports from one system.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, microfinance, MSMEs, scale
