Sudo Africa, Nigerian fintech has appointed Farida Kabir as its new Head of Growth. Sudo Africa, which was launched in 2020, provides a card-issuing API to businesses and developers. Founded by Aminu …
fintech
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AfricaFinance & ServicesNigeriaTechnologyWestern Africa
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Bizao, a fintech company present in over 10 African countries, has announced an €8 million Series A funding round. The company hopes to accelerate its geographical footprint across the continent …
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Payment technology and card business, Verve International has welcomed its first francophone e-commerce and merchant aggregator, CinetPay into the Verve ecosystem. CinetPay, the Ivorian-based FinTech provides online and Point-of-Sale (POS) …
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AfricaGlobal NewsNigeriaTechnology
Ping Express convicted in the US after $160 million sent to Nigeria
The Executives of a United States fintech company, Ping Express, have pleaded guilty to breaching money laundering rules after sending $167 million to Africa unchecked in less than 3 years. …
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AfricaBusinessNewsNigeriaTechnologyWestern Africa
Flutterwave to shut down virtual dollar card service from July 17, 2022
Fintech company, Flutterwave, has said it will be shutting down its virtual dollar card service also known as Barter card, effective from July 17, 2022. The company disclosed this in …
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Banking, Finance & InvestmentBusinessSpotlightTechnologyTrending TodayWestern Africa
Africa’s fintech giant Flutterwave accused of ‘money laundring’ as Kenyan court freezes bank accounts.
A Kenyan High Court has frozen the account of Flutterwave accusing Africa’s biggest fintech firm of money laundering. The Nigerian firm is one of seven entities suspected to have been …
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Jasure a out on-demand has been bought by Santam by purchasing the remaining 49% stake in the group which it did not already own. Earlier in 2020, the country’s largest …
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South African mobile operator MTN Group MTNJ.J said on Friday first quarter pretax profit rose 21.1% year-on-year, supported by service revenue growth amid demand for data and financial services. MTN, with 276 …
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Banking, Finance & InvestmentSpotlightWestern Africa
Cellulant acquires PSP License in Ghana to deploy digital payments solution for businesses
Digital payments have seen tremendous growth in the past couple of years. As of January 2021, 38.9 per cent of the population aged 15 years and older had a mobile …