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fintech startups

$50,000 Up for Grabs in Ecobank’s 2022 African Fintech Challenge

Pan-African banking group, Ecobank Group, has today announced the launch of the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter the competition. The group says that that the top fintech chosen and aligned with...

Nigeria’s Flutterwave Appoints New CFO

Flutterwave, a Nigeria-based African payments technology company, today announced the appointment of Oneal Bhambani as its new chief financial officer. He joins the company from American Express and Kabbage, where he managed fintech businesses operating at scale and helped lead...

African Fintech Funding Forecast to Double in Just 3 Years

New research for blockchain-based mobile network operator World Mobile shows that African business leaders are forecasting a surge in spending on tech start-ups as foreign direct investment and improved internet connectivity help establish the continent as a tech superpower. The...

Former MTN CEO Gathers Enough Funding for New Fintech Startup

Paul Edwards, a former MTN Group CEO has secured series-A funding round for his new fintech startup called VantagePay. This funding comes from Crossfin Holdings, a Blue Garnet Ventures subsidiary, which according to TechCentral, has bought a "meaningful stake" at...

Microsoft Startup Accelerator: The 12 African Startups Chosen So Far

Flapmax announced today the twelve companies selected for the first cohort of the FAST startup accelerator, created to help strengthen and scale Africa’s digital ecosystem in partnership with US tech titan Microsoft. Flapmax’s twelve-week startup accelerator begins March 21st. The...

SA Startup Bringing “Tap to Pay” to Africa’s Informal Sector Raises Millions

Lipa Payments, a South African-based fintech start-up, has secured a R10-million ($659-thousand) investment from Empowerment Capital’s Imvelo Ventures, which is backed by Capitec Bank SA. Lipa Payments was one of the finalists in Capitec Bank’s Life 2.0 Hackathon in...

MFS Africa Raises $100-Million in Series C Funding

MFS Africa, one of Africa’s largest digital payments networks, has raised $100-million through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including...

Standard Bank Taps Nigerian Fintech Unicorn to Drive Digital Payments

Standard Bank, one of Africa’s largest banks by assets, has partnered with Flutterwave, a Nigeria-based fintech unicorn and one of Africa’s leading payments technology companies, to enhance digital payments experiences for its customers in Nigeria, Zambia, Tanzania, Uganda, Ghana,...

UKheshe Partners Chipper Uniting 2 of the Most Valuable FinTechs in Africa

Ukheshe Technologies, a leading fintech enablement partner, has announced a new partnership with Chipper, one of Africa’s most valuable startups and the purveyor of the Chipper Cash app, to enhance and accelerate the rollout of Chipper’s digital payment offerings. Chipper's...

FinTech Startup Chipper Cash Launches its Free App in SA

Yesterday, Chipper, one of the fastest growing African fintech start-ups that facilitates free peer-to-peer (P2P) money transfers and instant cross-border payments in Africa, officially launched Chipper Cash to offer domestic P2P money transfers in South Africa. Chipper Cash will enable...
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Why is AI Risk Management Essential for Your Business?

Artificial Intelligence (AI) is rapidly becoming embedded in our everyday lives, from the apps we use, to search engines,...
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