Chams Plc, a fintech and digital payments solutions group, says it has transitioned to a holding company on the Nigerian Exchange (NGX) to increase shareholders’ value. The company said the …
The Saudi Public Investment Fund (PIF) has purchased 25% of Egypy’s e-finance for Digital and Financial Investments’ (EFIH) shares, according to a press release on Wednesday. Accordingly, the PIF now is the largest single …
The Bank of Ghana (BoG) is conducting a review on the activities of Flutterwave in the country. This is coming after the Central Bank of Kenya ordered banks and microfinance …
eTranzact International Plc posted a profit before tax (PBT) of N536.4 million for the 2021 financial year. The figure is 128.66 per cent improvement from the N1.87 billion loss recorded …
MoMo, MTN’s Payment Service Bank, has recorded 4.2 million wallets with 2.4 million being actively used in less than two months of its launch. The company disclosed this in its financial result …
The Central Bank of Kenya (CBK) has directed banks and microfinance institutions to seize dealing with payments technology firms Flutterwave and Chipper Cash. In a letter to chief executives, the …
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 …
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 …
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) …
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. …