In UK and Europe, open banking catches up with fintechs, as U.K.-based consumer lending service, Abound is doubling down on its ambitions in the space with a big fundraise...
PayPal is reportedly pausing its stablecoin project amid heightened scrutiny around the cryptocurrency industry. The payments company had wanted to unveil the stablecoin in the next few weeks, Bloomberg...
Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group said, after collecting enough signatures by Monday to trigger a popular...
1. What is FlashmeCash? FlashmeCash is the premier mobile banking platform in Nigeria introduced in 2002 after the advent of GSM services. FlashmeCash has since evolved from a mobile...
South African fintech startup Lulalend, a digital lender catering to underserved small and medium-sized enterprises (SMEs), has raised a US$35 million Series B funding round to help it scale...
The House of Representatives has resolved to investigate the activities of illegal financial technology companies and mobile application lenders who threaten debtors for failing to repay loans. At the...
The past couple of years have been brutal for the African continent. We’ve been through Covid-19, and now we’re living through turbulent socio-economic times, with high inflation and rising...
Nigerian fintech, Flutterwave has obtained payment services provider and payments facilitator licenses from the National Bank of Egypt.During the announcement of its $170 million Series C fund in March...
The number of active fintech subscribers on the MTN Nigeria network rose by 57.5 percent to 14.9 million for its full financial year which ended on December 31, 2022...
While the buy-now-pay-later (BNPL) payment offering has seen tremendous growth in South Africa, most online retailers and BNPL providers have failed to reap substantial profits from the “high-risk” flexible...