Fintech Software Providers has said it rebranded to ‘Zone’, a regulated blockchain payment infrastructure company. A statement by the company said Zone will enable payments and the acceptance of digital …
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- AFRICA NEWSBanking, Finance & InvestmentFinance & ServicesTechnology
Fintech emerging as Africa’s most vibrant sector
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, this is according to study by Mastercard on the …
- Banking, Finance & InvestmentSouthern AfricaTechnology
Nedbank customers experience digital banking outage
Nedbank customers report that they are experiencing problems accessing the bank’s mobile app and digital channels on Friday morning. Reports of issues with the app surged on Downdetector from around 07:30, …
- AfricaAFRICA NEWSBusinessChipperFinance & ServicesGhanaNewsNigeriaTechnologyWestern Africa
Chipper Cash gets Bank of Ghana approval for US remittances
Chipper Cash, an African cross-border payments company, has received authorization from the Bank of Ghana (BoG) to provide remittance services from the United States of America to the country. The …
- AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaWestern Africa
Flutterwave adds Google Pay as payment option on its platform
Flutterwave, Africa’s leading fintech company, today announced Google Pay, a mobile payment service, developed by Google, as a payment method on Flutterwave’s platform. As part of this collaboration, Google Pay will …
- AfricaAFRICA NEWSFinance & ServicesNewsNigeriaTechnologyWestern Africa
Flutterwave enables eNaira collections for one million merchants
Flutterwave, Africa’s leading payments technology company, today announced that over 1,000,000 merchants can now accept eNaira payments from their customers on their platform. This follows the 3.0 product announcement event …
- AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaTechnologyWestern Africa
Arca adopts ThetaRay AI tech to monitor transactions
ThetaRay, a leading provider of AI-powered transaction monitoring technology, has announced that ARCA, a premier African payment services provider, will implement ThetaRay’s advanced SONAR SaaS anti-money laundering (AML) sanctions list screening …
- AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaSpotlightTechnologyWestern Africa
Risevest CEO steps down on allegations of sexual misconduct
Founder and chief executive officer (CEO) of Risevest, a Nigerian stock investment app, Eke Urum, has stepped down due to an ongoing investigation into sexual and non-sexual impropriety allegations against him. …
- AfricaAFRICA NEWSBusinessFinance & ServicesGhanaNewsNigeriaTechnologyWestern Africa
Digital Bank, Moneymie shuts down retail service operations
Digital bank for Africans in the diaspora, Moneymie, has shut down retail service operations. Without stating the reason for this, but a highlight of its transition to cross-border payments and payouts for …
- AfricaAFRICA NEWSBusinessFinance & ServicesINVESTMENTKenyaNewsNigeriaTechnologyWestern Africa
Nigeria’s fintech startup, Grey raises $2M in seed funding
Grey, a Nigerian fintech that provides virtual international bank accounts to Africans, has raised $2 million in seed funding. The seed funding round included participation from Y Combinator, Soma Capital, …