Nigeria's apex bank extends cash deposit fee suspension This decisive move comes in response to mounting grievances from bank customers
Binance locked in standoff with Nigeria, CEO claims bribery attempt Binance CEO Richard Teng criticised the recent actions taken by Nigerian authorities against the cryptocurrency exchange. Nigeria is one of Binance's biggest markets. Teng claimed that officials demanded a bribe in exchange for resolving the situation.
Chipper Cash makes a comeback in the US after service pause Pan-African fintech Chipper Cash is back in the United States after a two-month service pause.
South Africa's e-commerce heats up with Amazon's arrival South Africa's e-commerce scene just got a major player as Amazon launched its online marketplace this week. This arrival puts Amazon head-to-head with established leaders like Takealot, Temu and Makro.
Seamfix gets $4.5 million first institutional funding The firm provides identity creation, verification, and transaction accreditation solutions for large organizations and government agencies.
Nigerian banks and fintechs to charge 0.5% cybersecurity levy on all transactions Starting May 20, 2024, Nigerian banks and fintechs will charge users a 0.5% cybersecurity levy on each electronic transaction.
Wave is the only African startup on YC’s top-earning startup list Senegalese fintech Wave has been listed as the only African Y Combinator alumni with the highest revenue, according to the 2024 opt-in list.