Tag: Fintech

Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

African fintech giant Flutterwave hits $3.3 billion valuation as Ripple buys stake

Flutterwave hits a $3.3 billion valuation after Ripple takes a stake to boost stablecoin-driven cross-border payments across Africa.

Omokolade Ajayi Omokolade Ajayi
MTN Group logo, representing the pan-African telecom operator.
TechnologyBusinessHot News

MTN targets Nigeria’s $236 billion credit gap with direct lending push

MTN Group plans to launch direct lending in Nigeria to target a $236 billion funding gap and disrupt African banking.

Omokolade Ajayi Omokolade Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Over 100 employees promoted as African fintech giant, Flutterwave, hits $40 billion milestone

Flutterwave promotes over 100 staff as it surpasses $40 billion in payments and expands global fintech infrastructure.

Omokolade Ajayi Omokolade Ajayi
Nigerian fintech company Paystack.
TechnologyBusinessHot News

Following move to close $32 billion financing gap Paystack launches AI dashboard for SMEs

Paystack launches an AI dashboard helping merchants analyze data and manage finances as it targets a $32 billion small business funding gap.

Omokolade Ajayi Omokolade Ajayi
Benjamin Fernandes
BusinessHot News

Tanzanian entrepreneur Benjamin Fernandes’ NALA lands $50 million for growth

Tanzanian fintech NALA secures up to $50M credit from Liquidity to scale stablecoin payments and global remittance infrastructure.

Timilehin Adejumobi Timilehin Adejumobi
Visa
BusinessTechnology

New Visa office signals Ethiopia’s rising role in Africa’s payments market

Visa, a global leader in digital payments, is deepening its presence in Africa with the opening of a new office in Addis Ababa, Ethiopia, a move that reflects the country’s growing influence in the region’s financial services industry.  The expansion comes as Ethiopia works to modernize its payments system, widen access to banking services and create more room for financial…

Oluwatosin Alao Oluwatosin Alao
MTN service center in South Africa.
BusinessHot News

Why African conglomerates are spinning off units to unlock value

African conglomerates are spinning off units to unlock value, reduce conglomerate discounts, and attract deeper global capital markets.

Timilehin Adejumobi Timilehin Adejumobi
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Flutterwave, gains Nigerian banking license as lifetime payments top $50 billion

Flutterwave secures banking license after surpassing $50 billion in lifetime payments, marking a major shift into lending and deposits across Africa.

Omokolade Ajayi Omokolade Ajayi
TechnologyHot News

Nigeria’s fintech unicorn Moniepoint acquires restaurant management platform Orda

Nigeria’s fintech unicorn Moniepoint Orda, boosting Moniebook as transactions hit $300.39 billion in 2025.

Omokolade Ajayi Omokolade Ajayi