Nigerian financial technology companies are grappling with the aftermath of a Kenyan court account freeze order and a decision by a Texas court to jail the founders of Ping...
Umba, a U.S.-based digital bank with a focus on emerging markets, has acquired a majority share of Daraja, a Kenyan deposit-taking microfinance bank, for an undisclosed amount. Kenya’s monetary...
Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. Founded in 2021, Dbank is in the process of building a...
If 2021 was the year of plentiful venture capital and bloated valuations in fintech, 2022 is shaping up as the year of downsizing, with cuts ranging from dramatic and...
FinTech Association of South Africa(FINASA) was formally launched in July 2022, with the aim of bringing together the South Africa FinTech community to find sustainable solutions, creating a conducive...
Flutterwave, the most valuable African fintech, was called out for gross misconduct. Earlier in July 2021, a Kenyan court froze the accounts of Flutterwave, Boxtrip, Bagtrip, Elivalat, Adguru, Hupesi,...
Haunted by the ghosts of colonialism, poor governance, and the rapid transformation of international markets, many parts of Africa’s economy require major structural changes. But the continent, in particular...
Barclays is taking a stake in Copper, one of the most prominent names in the fast-evolving cryptocurrency sector, even as the industry continues to be rocked by a swathe...
A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, U.S. prosecutors in Manhattan said...
Not every company is struggling in this downturn.Despite a cooling market, corporate spend management startup Ramp reports that it has more than doubled its revenue run rate since the...