Fintech
-
Startups
Fintech startup Tanda inks deal with Twiga Foods to enable vendors vend its digital financial services
Kenya’s fintech startup Tanda has today announced a new partnership with Twiga Foods that will see Twiga vendors become a…
Read More » -
COLUMNS
LEON KIPTUM: Kenya’s economy could benefit from fintech growth and innovation
Financial technology (Fintech) has been a key driver of growth in the financial services sector in the face of the…
Read More » -
Startups
Kwara partners with Workpay to offer HR and Payroll services to SACCOs in Kenya
Kenyan fintech startup Kwara has partnered with Workpay to offer SACCOs in Kenya with human resource management and payroll processing solutions. The partnership…
Read More » -
Startups
Egyptian fintech startup KlickIt raises undisclosed amoung of funding
Egyptian fees management and digital collection platform, KlickIt, has announced the closing of its first investment round to further develop…
Read More » -
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.…
Read More » -
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. …
Read More » -
CLOUD
Microsoft supports Kenya’s financial services providers with tailored Cloud solutions
Microsoft has reaffirmed its commitment to assisting Kenyan financial services providers in their digital transformation by providing specialized Cloud solutions.…
Read More » -
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…
Read More » -
News
Standard Bank partners with Flutterwave to build digital payments solutions in Africa
Standard Bank has partnered with African fintech company Flutterwave to build digital payments solutions for the different markets the bank…
Read More » -
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…
Read More » -
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…
Read More » -
News
[This Week in Tech] Wapi Pay founders step down from their roles
This has been quite an interesting week in tech in Africa. We covered a number of great announcements here at…
Read More » -
Startups
Wapi Pay founders Eddie and Paul Ndichu step down from their roles
Wapi Pay Board of Directors on Tuesday announced that the company’s founders; Eddie and Paul Ndichu will be stepping down…
Read More » -
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…
Read More » -
New Appointments
Cellulant Confirms Akshay Grover as New CEO
Kenyan-based payments firm Cellulant has named Akshay Grover its new CEO effective May. Akshay has been holding the position in an acting capacity…
Read More » -
COLUMNS
Mark Dankworth: The connected continent
Mobile transacting is fast becoming the golden egg of financial services – and nowhere more so than in Africa. According…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
News
Nigeria’s B2B payments platform Verto secures $10m Series A round for expansion
Nigeria’s B2B payments platform Verto has announced that it has closed $10 million in Series A funding for expansion. The round was led…
Read More » -
News
GVG announces seamless payments interoperability solution for Governments
Leading regulatory technology developer and Big Data Analytics firm Global Voice Group (GVG) on Wednesday launched a new payment interoperability…
Read More » -
News
Equity Group’s Finserve Africa Bags 2021 E-Commerce Award
Equity Group’s fintech subsidiary, Finserve Africa, has been named the best in E-commerce – Banking/Financial and Insurance Services Gold Category…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
News
African-focused Payments Firm pawaPay Raises $9M Seed Funding
African-focused payments firm pawaPay has raised a $9m Seed funding led by UK-based investment fund 88mph. Vunani Capital, Kepple Ventures,…
Read More » -
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…
Read More » -
News
Zepz, Formerly WorldRemit, Raises $292M Series E Financing, Achieves $5B Valuation
Digital cross-border payments platform Zepz, formerly WorldRemit, has raised $292 million in new primary financing, achieving a valuation of $5…
Read More » -
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…
Read More » -
News
PureSoftware expands its global footprint, opens first office in Kenya
PureSoftware, a software company focused on fintech, 5G and digital transformation, announced the opening of its first office in Kenya.…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
News
Visa signs agreement to acquire Currencycloud
Visa has announced that it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and…
Read More » -
BUSINESS
Barclaycard Payments signs up to Mastercard Track Business Payment Service to modernise business payments
Barclaycard Payments has joined the Mastercard Track Business Payment Service, making new services available to Barclaycard Payments’ customers later this…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
News
Flutterwave Partners with Amole to Facilitate Remittances into Ethiopia
Flutterwave has partnered with Ethiopia’s mobile Digital Wallet platform, Amole, to facilitate money transfer into Ethiopia. Through this partnership, Amole Wallet…
Read More » -
News
AlphaCode announces four startups taking part in the second phase of the its Incubate programme
AlphaCode has announced the four South African fintech startups that will be part of the second phase of the AlphaCode…
Read More » -
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…
Read More » -
News
Vista Bank selects Radar Payments to drive its digital payment strategy in West Africa
Vista Bank Group (Vista) has selected its paytech provider Radar Payments to drive its global payment processing activities in West…
Read More » -
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…
Read More » -
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.…
Read More » -
News
Malian Insurtech startup OKO raises $1.2 million to bring innovative insurance to smallholder farmers across Africa
Malian Insurtech startup, OKO has closed a Seed investment of $1.2 million. The round was led by Newfund and ResiliAnce. Mercy…
Read More » -
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 &…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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,…
Read More » -
Startups
Nigeria’s Union Bank Launches 2021 UnionX Innovation Challenge To Support Local Startups
Nigeria’s Union Bank has unveiled the 2021 UnionX Innovation Challenge to support young startups in the country. Tagged ‘A New…
Read More » -
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…
Read More » -
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…
Read More » -
News
Women less likely to use mobile apps to conduct financial transactions, Caribou Digital study
Women are not using mobile apps to conduct financial transactions. This is according to a new study conducted by Caribou…
Read More » -
New Appointments
Frank Molla joins BPC Banking Technologies as MD for Sub-Saharan Africa
BPC Banking Technologies has appointed Frank Molla as its Managing Director for Sub-Saharan Africa. Frank is a former Director of…
Read More » -
News
[South Africa] Ocean on 76 Group CEO Prins Mhlanga joins Ukheshe as non-executive director
South Africa fintech startup Ukheshe has announced the appointment of Prins Mhlanga, CEO of Ocean on 76 Group, as a non-executive director. The appointment…
Read More » -
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…
Read More » -
News
VC-backed free money transfer service Taptap Send is now live in Kenya
Taptap Send, a venture-backed fintech startup that lets immigrants send money back home to emerging markets instantly has launched in…
Read More » -
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…
Read More » -
News
[Interview] Our data marketplace is helping fill credit history gap in Sub-Saharan Africa, CARMA CEO
Fintech has become a significant force in shaping the financial services industry in Sub-Saharan Africa. As this market grows, the…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
BUSINESS
WorldRemit announces Africa-focused Entrepreneurship Program in Kenya
WorldRemit, a global digital payments company, has launched an Africa-focused entrepreneurship programme in Kenya. The WorldRemit Entrepreneurs Programme will also be…
Read More » -
BUSINESS
Prime Bank and SimbaPay partner for instant international money transfer
Kenya’s private bank Prime Bank has partnered with London-based fintech SimbaPay, to launch an instant international money transfer service via…
Read More » -
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.…
Read More » -
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…
Read More » -
News
[Interview] We’re connecting Africa one transaction at a time, Leon Kiptum, Chipper Cash Kenya boss
Financial technology – Fintech, has become a significant force in shaping the structure of the financial services industry in Africa…
Read More » -
BUSINESS
Huawei, Kenya Bankers Association Partner to Drive Financial Inclusion
Huawei Kenya and the Kenya Bankers Association (KBA) have announced a new partnership that seeks to deepen financial inclusion in…
Read More » -
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…
Read More » -
News
Does The Future Of Bitcoin Lie In Africa?
Bitcoin, since its inception in the fintech space, has been very highly regarded in most African countries. While challenges and…
Read More » -
Startups
Agritech startup, Hello Tractor, joins Mastercard Accelerate Programme
Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
News
Africa’s online commerce platform DPO Group is being acquired by Network International
DPO Group (DPO), one of the leading, high-growth online commerce platforms in Africa has announced that it is being acquired…
Read More » -
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…
Read More » -
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…
Read More » -
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,…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
Startups
Five African credit scoring startups selected for ENGIE challenge at the Africa Tech Summit
French multinational energy utility company ENGIE has announced the five credit scoring startups that will pitch on the Africa Startup Summit at…
Read More » -
News
Decentralized Finance Conference to held in Nairobi in March
Fintech companies or startups are making Africa a leading global Innovation Hub. To help organisations understand this Kesho Labs Development…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Startups
4G Capital Raises $4million Funding For Onward Lending To MSMEs in Kenya And Uganda
4G Capital has announced the completion of its second round of fundraising. The investment was secured by a $2m debt…
Read More » -
BUSINESS
Visa is partnering with MFS Africa to boost digital payments among African consumers and businesses
Visa and pan-African fintech leader MFS Africa have announced a partnership to boost digital payments among African consumers and businesses.…
Read More » -
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…
Read More »