Search Results for: fintech
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Startups
Kenyan fintech startup Asilimia raises $2 million in pre-seed funding
Kenyan fintech startup Asilimia has raised $2 million in pre-seed funding to expand its operations to new markets in East Africa.…
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Startups
South Africa’s fintech firm Ozow raises $48 million Series B round
South African fintech firm Ozow has raised a US$48 million Series B funding round led by Chinese internet giant Tencent. …
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Startups
Fintech Startup Kwara and Lami Technologies partner to provide insurance products for SACCO members in Kenya
Kenyan fintech startup Kwara has today partnered with insurtech company, Lami Technologies, to provide Savings and Credit Co-operative Society (SACCO) members in…
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News
African fintech startup Payday joins Techstars Toronto Accelerator program
Pan-African fintech startup Payday has joined Techstars Toronto Accelerator program. Techstars is an operational investment company that assists founders and…
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News
MFS Africa signs agreement to acquire Nigerian fintech startup Baxi
Pan-African digital payments hub MFS Africa signed an agreement to acquire Baxi, one of Nigeria’s super-agent networks. The deal, which is…
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Startups
Nigerian Fintech Startup Brass Secures $1.7M Financing Round
Nigerian fintech startup Brass has secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and…
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News
Kepple Africa Ventures revokes its investment stake in Kenyan fintech startup Wapi Pay
Japanese VC firm Kepple Africa Ventures has announced that it will be revoking its investment in Kenyan fintech startup Wapi…
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News
African fintech startup Payday raises $1m pre-seed to build Africa’s PayPal
Payday, a Pan-African financial technology company has raised one million dollars to build out what they believe will be the…
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BUSINESS
Mastercard and Zambian fintech firm Digital PayGo launch merchant mobile payments solution for SMEs
Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution for SMEs in…
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Interviews
[Interview] Femi Apesin, OnePipe Growth & Marketing Lead: We are making API integration seamless for African banks and fintech companies
The African fintech space has been growing rapidly in Africa over the last few years. Fintech generally refers to companies…
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News
TONNY TUGEE: Fintech in Kenya – an industry of innovation
Almost every industry across the globe is undergoing rapid digital transformation, and the world of finance is no exception. Technology…
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BUSINESS
M-PESA is now Africa’s Largest Fintech, Hits 50 Million Active Customers
Safaricom’s mobile money platform M-Pesa has reached 50 million monthly active customers in Africa, making it the continent’s largest fintech.…
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News
Central Bank of Nigeria partners with Bitt fintech to develop country’s first digital currency
The Central Bank of Nigeria (CBN) has partnered with Barbadian fintech firm Bitt, to develop the country’s new digital currency, named…
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News
![[South Africa] Fintech specialist e4 Girls in STEM programme](https://techtrendske.co.ke/wp-content/uploads/2021/09/e4-team-at-Diepdale-Secondary-School-390x220.jpeg)
[South Africa] Fintech specialist e4 launches Girls in STEM programme
Fintech specialist e4 has launched a Girls in STEM programme to provide girls in underprivileged areas in South Africa with…
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News
South African fintech startup SOL rebrands to SOLmate
South African fintech startup SOL has announced that it’s rebranding to SOLmate. The online payment platform that offers clients a digital…
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News
South African fintech firm Ukheshe partners with dzcard to expand digital payment solutions in Asia Pacific
South Africa’s fintech startup Ukheshe which has been on a rapid expansion to different markets has announced a new partnership…
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News
Arab Bank launches its fintech accelerator program for startups in Egypt
Arab Bank has launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back…
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Startups
African Fintech startup Pngme raises $15m Series A funding
African fintech startup Pngme has raised $15 million in Series A funding as the company sets out to grow its…
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News
Kenyan Fintech Startup Kwara Selected for Mastercard Start Path Program
Kenyan fintech startup Kwara is among the 11 startups that have been selected to join the Mastercard Start Path program.…
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News
Ecobank Opens Applications for its 2021 fintech challenge for African startups
Ecobank Group has opened applications for its 4th edition of the Ecobank Fintech Challenge. The challenge, the bank says is…
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News
Kenyan fintech startup Wapi Pay raises $2.2m funding to digitise Africa-Asia trade payments
Kenyan fintech startup Wapi Pay has raised $2.2 Million in pre-seed funding to scale up global payments and remittances between…
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News
Nigerian fintech startup Lidya raises $8.3m pre-Series B funding round
Nigerian fintech and lending startup Lidya has announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital…
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News
Banque Misr partners with Microsoft to support fintech startups in Egypt
Banque Misr has signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in…
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News
Nigerian fintech startup TeamApt secures Series B funding
Nigerian fintech startup TeamApt has closed its Series B fundraising round, as it looks to expand its financial services beyond Nigeria. The…
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News
Ghanaian Fintech startup Zeepay raises $7.9 million Series A funding
Ghanaian Fintech startup Zeepay, has announced the completion of a USD7.9 million Series A.0 funding. The funding is a hybrid of both…
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News
Fintech firm Carbon teams up with Visa to enable payments across Africa
Carbon, the Pan-African fintech company providing access to basic financial services for Africans, has today announced a strategic five-year partnership…
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News
Britam and fintech app KOA partner to enable Kenyans access low risk investment opportunities
Britam Asset Managers and Kenya-based fintech startup KOA, have today announced a partnership to offer customers access to low risk investment opportunities. This…
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BUSINESS
Blockchain-powered fintech Telcoin expands its digital remittance service to 15 new markets including Kenya
Telcoin, a blockchain-powered fintech disrupting the US$700 billion international remittance industry, has extended its digital money transfer service to 23 additional mobile…
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BUSINESS
PayTabs Egypt wins Best E-Payment Solution at Entrepreneur Middle East’s Leaders in Fintech Awards 2021
PayTabs Egypt, which set up operations in Cairo nearly a year and a half ago has received the prestigious “Best…
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Startups
Kenyan Fintech Firm Kwara Among African Startups Selected for Norrsken Impact Accelerator Program
Kenyan fintech firm Kwara is among the twenty startups, with eleven from Africa, selected to join the Norrsken Impact Accelerator. Norrsken…
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News
South African fintech startup Ukheshe expanding to Asia-Pacific
South African fintech startup Ukheshe Technologies has announced that it will be expanding its footprint into the Asia-Pacific region as it introduces…
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News
Mastercard and Cassava Fintech to collaborate on fintech solutions for Covid-19 response in Africa
Cassava Fintech International (Cassava Fintech) and Mastercard have entered into a strategic partnership to advance digital inclusion across Africa. The…
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News
Kenyan fintech startup Kwara selected for Japan-led Ninja Accelerator Programme
Digital banking platform and fintech company Kwara has been selected for the first cohort of the Ninja Accelerator programme in Kenya.…
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News
African Fintechs collaborate to interlink mobile money and digital assets
The Seychelles-based SECDEX and global Digital Coin and Token-based payment platform KOINON announced a new partnership to foster B2C &…
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News
[24Bit Podcast] The Opportunities Fintech brings to Africa: A discussion with Flourish Ventures Principal Efayomi Carr
In this latest episode of our 24Bit podcast, I sat down with Efayomi Carr to discuss Fintech in Africa. Efayomi…
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Startups
Nigerian Fintech startup TeamApt launches internship program to support women in tech
Nigerian fintech startup TeamApt has launched an internship program to support women in Technology. The internship program is targeting female…
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News
Fintech VC firm Flourish Ventures Opens new Office in Kenya
Flourish Ventures, a global fintech venture capital firm, has opened a new office in Kenya to support fintech startups across Africa.…
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News
Lendable Passes $100 Million Investment Mark in Fintech Startups
Lendable has announced that it has invested over US$100 million in credit to help fintech startups in emerging and frontier…
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News
South African fintech startup Ukheshe confirms Middle East, Europe and Asia Pacific expansion
South African fintech startup Ukheshe Technologies has confirmed its global expansion. Having established itself as a formidable payment technology specialist…
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Startups
Visa announces 2021 edition of its Everywhere Initiative to support fintech startups
Visa has announced the 2021 edition of the Everywhere Initiative – a global innovation program and competition for fintech startups. This year,…
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News
Nigerian fintech startup ImaliPay Raises Pre-Seed Funding from Australian VC firm TEN13
Nigerian fintech startup ImaliPay has raised an undisclosed amount of pre-seed funding from Australian venture capital firm TEN13. ImaliPay, which…
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News
DFS Lab Announces Fintech and Digital Economy Design Sprint for startups in Egypt
Early-stage investor DFS Lab has announced that it will facilitate a virtual design sprint in March 2021 for fintech startups…
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BUSINESS
KCB inks Bank Identification Number deal with South African fintech startup Ukheshe
South Africa’s fintech startup Ukheshe has entered into a new Bank Identification Number (BIN) deal with Kenya-based lender KCB Bank Kenya. This…
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News
Egypt’s Fintech startup Cassbana raises $1m pre-seed funding from Disruptech Ventures
Egypt-based fintech startup Cassbana has raised $1 million in a pre-seed funding round led by Egyptian fintech-focused venture capitalist fund Disruptech…
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News
Six Emerging FinTech Trends in Africa
Africa is quickly becoming the centre of new fintech innovations and adoptions. Many financial technology start-ups are coming up across…
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News
Nigerian fintech startup CredPal raises $1.5million funding round
Nigerian consumer credit startup CredPal has raised a $1.5million funding round. The funding came as the startup prepares to launch its…
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News
M-PESA has become the first African FinTech platform to join United for Wildlife Financial Taskforce
M-PESA has become the first mobile money provider in Africa to join the Financial Taskforce established by United for Wildlife.…
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News
African fintech startup Chipper Cash raises $30 Million backed by Amazon CEO Jeff Bezos
African fintech startup Chipper Cash has secured a $30 Million Series B funding round led by Ribbit Capital with participation…
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Startups
Fintech company Kwara launches Customer Success Traineeship Program for university graduates in Kenya
Kwara, a digital banking platform in Kenya today announced the launch of a Customer Success Traineeship Program targeting university graduates.…
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BUSINESS
Fifth Africa Fintech Summit to be held Virtually Starting November 9th
Africa Fintech Summit (AFTS), the global initiative dedicated to the African fintech ecosystem, is hosted in Washington DC each April…
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News
Mastercard Launches New program to Empower Fintech Startups in Africa
Mastercard has launched Fintech Express, a program to provide tailor-made solutions that boost market entry and expansion for fintech startups…
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Startups
Ecobank Fintech Challenge 2020 Winners Announced
Ecobank has announced the winners of its 2020 Ecobank Fintech Challenge. The winners were announced after an exciting virtual event…
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Startups
South African fintech startup Ukheshe launches prepaid payments programme with Mastercard and Nedbank
South African fintech startup Ukheshe has launched its Third-Party Processing Services (TPP) in partnership with Mastercard and Nedbank. This latest…
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Startups
South African fintech startup Ukheshe among finalist of Ecobank Fintech Challenge 2020
South Africa’s SMME digital banking platform provider, Ukheshe, is among the finalist in the Ecobank Group’s 2020 Ecobank Fintech Challenge. In its third…
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Startups
Here are the startup finalists of the 2020 Ecobank Fintech Challenge
Ecobank Group has announced the finalists of its 2020 Ecobank Fintech Challenge. The challenge, in its third edition, is designed…
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Startups
Moroccan fintech startup OnePay raises $417k for its digital payments platform
Moroccan fintech startup OnePay has announced a $417,000 investment from Maroc Numeric Fund II. The startup which operates as a…
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Startups
South African Fintech Startup, Ukheshe, Launches service to Assist With COVID-19 Infection Alerts
South African fintech startup Ukheshe, has launched a Track and Trace service using its existing payment ecosystem to assist consumers…
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Startups
[Zambia] BongoHive FinTech Challenge Applications Opened
Zambian Innovation hub BongoHive has announced that it has opened applications for its annual BongoHive FinTech Challenge. Through this challenge,…
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News
Visa’s Fast Track Program Propels Growth of the Fintech Industry Worldwide
Visa today announced its continued support of the global Fintech community, having grown the Fast Track Program to over 140 Fintechs.…
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Startups
South Africa’s fintech startup Ukheshe selected for Mastercard Start Path program
South African fintech startup Ukheshe, has been selected to join the 2020 Mastercard Start Path program. Mastercard Start Path is…
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New Appointments
South Africa’s Fintech Firm e4 Appoints Fikile Sibiya as its Chief Information Officer
South Africa’s fintech software specialist, e4, has announced the appointment of Fikile Sibiya as its Chief Information Officer. Fikile will…
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News
South Africa’s Cloud platform builder Jini Guru partners with Azilen to build fintech solutions for emerging markets
South Africa’s cloud platform builder, Jini Guru is partnering with Azilen Technologies, a product engineering company, to build innovative fintech…
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Startups
Ecobank Opens Applications For Its 2020 Fintech Challenge
Ecobank Group is calling on African startups and developers to apply for its 3rd edition of the Ecobank Fintech Challenge.…
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Startups
Kenyan fintech startup Wapi Pay raises capital to scale across Africa
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its…
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Startups
Nigerian fintech startup Aella raises $10m financing round
Nigerian fintech startup Aella has raised a $10m debt financing round from Singapore-based HQ Financial Group (HQF). This debt financing…
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News
[Column] How fintechs are making Africa a leading global Innovation Hub
In a continent where over 60% of the adult population is unbanked and the financial sector is considerably underdeveloped, fintech…
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Startups
Here Are The Five Zambian Startups Selected For FinTech4U Accelerator Programme
Five Zambia-based fintech startups have been selected to join the FinTech4U Accelerator Programme in January 2020. The five were selected…
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Startups
Nigerian Fintech Startup Trove Secures An Undisclosed Amount Of Funding From ARM
Nigerian micro-investing fintech startup Trove has secured an undisclosed amount of funding from asset management firm, ARM. This is the…
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BUSINESS
Four ways fintech is changing international money transfer space
According to recent data from the Central Bank of Kenya (CBK), diaspora inflows in the country rose to Ksh30.4 billion…
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BUSINESS
Consumer benefits of using fintech for diaspora remittance
For most Kenyans living abroad, sending money back home can at times be a costly and a complicated ordeal. Traditionally,…
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Startups
Visa is investing $200 Million in Nigeria’s fintech firm Interswitch
Visa is investing $200 million for a 20% stake in Nigeria’s digital payments company Interswitch. This minority equity stake acquisition…
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New Appointments
Fintech company e4 appoints Grant Phillips as its new CEO
South Africa’s Fintech software company e4, has announced the appointment of Grant Phillips as its new Chief Executive Officer. Having…
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Startups
South Africa’s fintech startup uKheshe wins 2019 Global Fintech Hackcelerator Programme
South Africa’s QR cash card and microtransaction platform, uKheshe, has won the 2019 Global Fintech Hackcelerator Southern Africa competition. Launched by…
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Startups
U.K announces a Ksh.1.3 billion fund to support Kenyan fintech startups
The United Kingdom has announced a Ksh. 1.3 billion fund to support fintech startups in Kenya. This announcement was made…
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CYBER SECURITY
Growth in Fintech drives growth in cyberattacks, Kaspersky
Africa’s Fintech sector is booming! According to reports, Africa’s Fintech ecosystem has surged 60% in the last two years and the…
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News
SA fintech startup uKheshe raises seed funding from FiTech Ventures and Ocean on 76.
South Africa’s fintech startup uKheshe has raised its first seed investment round 10 months after launching its financial inclusion platform.…
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BUSINESS
The rise of Sub-Saharan Africa as a fintech hub
Sub-Saharan Africa is one of the fastest-growing investment zones for fintech companies according to new research. The GSM Association says…
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BUSINESS
[Column] Fintechs are disrupting the local traditional remittance market
Data from the Central Bank of Kenya (CBK) shows that diaspora inflows in the country rose to Ksh30.4 billion ($295.3…
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BUSINESS
Three fintech startups admitted to Kenya’s Regulatory Sandbox
Three Kenyan fintech startups have been admitted to the Kenyan Capital Markets Regulatory Sandbox. The startups are Pezesha Africa, a…
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Startups
Egypt’s fintech startup XPay raises $250,000 in pre-seed funding
Egyptian fintech startup XPay has secured $250,000 in pre-seed funding from two angel investors. XPay is part of the cohort…
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Startups
Fintech Startups can now apply and pitch at the Finnovation World Kenya Summit
The Finnovation World Kenya summit takes place in Nairobi on June 18. The event will bring together fitench players from…
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News
The Mastercard Engage programme is launching in Kenya targeting fintechs
The Mastercard Engage programme is expanding in sub-Saharan Africa targeting fintechs in Kenya and Nigeria. Mastercard says the first Engage…
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Startups
Nigeria’s Fintech Startup TeamApt closes $5.5M Series A Round To Scale Into Additional Markets
TeamApt, a Nigerian startup that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A…
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News
Cellulant is building a single payments API for Africa’s fintech companies
Cellulant has announced plans to build an application programming interface (API) for Africa’s payments companies to solve payment problems in…
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Startups
14 fintech startups selected for the CATAPULT: Inclusion Africa program
14 Fintech startups have been selected to join the CATAPULT: Inclusion Africa program scheduled to take place between the 5th…
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News
MYDAWA leverages on fintech solution iPay to scale up service delivery
Kenya’s leading e-health platform, MYDAWA, has signed a partnership deal with iPay Limited, an innovative payment processing solution and payment…
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COLUMNS
Fintech flourishes in Uganda as regulation remains hands-off for now
Financial technology is flourishing in Uganda, thanks partly to the enormous popularity of mobile money and payment systems and partly…
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Startups
Tanzania’s startup Nala wins 2018 Ecobank Fintech Challenge
Tanzanian startup Nala is the winner of this years’ Ecobank Fintech Challenge. Nala beat ten other finalists to emerge as the…
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Startups
Nigerian fintech startup Mines, secures $13M funding
Mines, a Nigerian fintech startup re-inventing credit in emerging markets secured $13M funding. The Series A round was led by…
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BUSINESS
Fintech may have a more profound impact on financial services in Africa
Fintech may have a more profound impact on financial services in Africa than in Europe or the US. this is…
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Blockchain
Fintech SandBox Policy to be Ready by July 2018, Says CMA Boss, Paul Muthaura
Regulation in the Blockchain and crypto space is inevitable and coming very soon. To enable this, Capital Markets Authority is…
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News
Finnovation Kenya 2018: Collaboration way forward to driving constructive economic outcomes from the FinTech ecosystem in Africa
Finnovation Kenya 2018 summit kicked off today at the Radisson Blu Nairobi, bringing together more than 200 FinTech experts to…
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Blockchain
Finnovation South Africa 2018: How FinTech is Accelerating Digital Transformation of Banking in Africa
The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the…
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Startups
Submissions for Ecobank’s 2018 Fintech Challenge now open, targets African Startups
Ecobank has launched its 2018 Ecobank Fintech Challenge for African startups. Now in its second year, the initiative gives African…
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News
Industry Leaders Define How FinTech is Accelerating Positive Transformation of Banking in Africa
The FinTech space in Africa is witnessing rapid growth as innovative new financial services players disrupt the traditional modalities of…
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News
FinTech in South Africa: Accelerating the Digital Transformation of Banking & Financial Services
Ethico Live has announced the launch of Finnovation South Africa summit. The event will see participants from established banking powerhouses…
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News
FinTech players to gather in Nairobi for the Finnovation Africa Series summit
More than 300 participants from established banking powerhouses to FinTech start‐ups will in May gather in Nairobi for the Finnovation…
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News
Kenya’s GrassRoots Bima named among best fintech innovators in the world.
GrassRoots Bima, a Kenyan technology company has been named among the top Fintech firms in the world in 2017. The…
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News
Fintech firm AllenHark launches pre-ico sale targeting $250,000 to build its cryptocurrency trader platform
AllenHark Group has launched a presales initial coin offering (ICO) to build its AllenHark Terminal (HRK). AllenHark Terminal is a…
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BUSINESS
The Main FinTech Disruptors of International Money Transfers
The international money transfer market has experienced significant changes since the turn of the last century, primarily because of the…
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News
Kenyan Fintech Innovators benefit from first ever Africa Fintech Unconference
Kenyan Fintech innovators were part of the Fintech innovators from across the continent that took part at the first ever…
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