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african fintech

Cameroonian Fintech Emerges as Winner of 2023 Ecobank Challenge

Koree from Cameroon is the Ecobank Fintech Challenge competition’s first ever female-led fintech winner having beaten eight other finalists to claim the top prize of US$50,000; Wolf Technology from Democratic Republic of Congo came in second, winning US$10,000, while...

Chipper Cash Launches AI Verification Suite Chipper ID

Chipper Cash, a financial services company serving over five million customers, has launched Chipper ID, an AI-powered suite of verification services, tailored to solving industry-wide customer onboarding and compliance issues in the African market. Chipper ID has been designed to...

Tyme Bank Makes Major Moves in SME Fintech with New Acquisition

South African digital banking group Tyme Bank has announced today that it will proceed with the acquisition of fintech firm Retail Capital, which provides award-winning funding services to SMEs in the country. The acquisition, which is still subject to regulatory...

Talking Africa’s Fintech Explosion with Chipper Cash – ITNA Digital Innovation Podcast EP 3

This week on IT News Africa’s Digital Innovation Podcast, Luis Monzon interviews Wiza Jalakasi, VP of Global DevRel of Chipper Cash, an African-founded, US-based fintech startup that specialises on cross-border payment facilitations. Chipper currently has an over $2-billion valuation and...

How Bankingly is Transforming Africa’s Fintech Industry with Simple, Smart Solutions

As the world takes base in this technological era, it becomes clearer that the future of banking is digital. Fintechs continue to deconstruct the traditional banking system, and future-focused financial industries are joining the bandwagon. Brick and mortar banks...

SA’s Zapper Launches Tap-On-Phone Payments

Zapper, a South African independent mobile payments, insights, loyalty, and rewards platform, has today announced that merchants using the platform will now be able to accept tap-on-phone payments. The new functionality gives them access to virtually all digital payments without...

SA Fintech Group Goes on a $3-Million Buying Spree

South African fintech group, Capital Appreciation Limited, has announced an expansion of its portfolio of innovative technology companies. The Group says it has acquired the Responsive Technology group for the purchase price of R48.68-million ($3.015-million). The acquisition includes three South...

Ukheshe Technologies Appoints New CIO

Johannesburg-headquartered pan-African fintech enablement partner, Ukheshe Technologies, has announced the appointment of Darryn Botha as its Chief Information Officer (CIO). Botha’s role will include overseeing data security, maintaining a stable IT infrastructure, while enabling Ukheshe's business strategy and improving its...

The Top 5 Most Impactful African Fintechs of 2021

There have been several changes in the economy and structure of African nations over the last year. Several people were obliged to stay at home due to the epidemic, COVID-19, and go primarily cashless. Africa's Fintech came to the rescue,...

Absa, Tigo & JUMO Join Forces to Expand FinTech in Tanzania

Mobile fintech platform services provider, JUMO today announced a new partnership with Absa Bank Tanzania and Tanzanian telecom firm Tigo to increase the availability of the existing short-term credit product Tigo Nivushe in the country. The new tripartite agreement reached...
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Ericsson & MTN Collaborate for Digital Skills & Sustainability

Ericsson and MTN Group have unveiled a Memorandum of Understanding (MoU) at the Mobile World Congress Barcelona 2024 in...
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