Egyptian Fintech startup MNT-Halan secures $157.5 Million fund to fuel global expansion Fintech startup MNT-Halan has secured $157.5 million in a recent funding round to expand its operations beyond Egypt.
UNDP launches first Fintech hub in Lagos, unveils pioneer cohort of 42 startups The unveiling of the Timbuktoo Fintech Hub in Lagos on Tuesday marked a significant boost for the $1 billion initiative by the UNDP, African governments, and the private sector to ignite startup innovation across the continent
Nigerian fintechs resume customer enrollment after crackdown A pivotal moment in the Nigerian fintech landscape, where regulatory scrutiny intersects with the rapid growth of digital finance
Cameroonian fintech startup Koree raises $200,000 pre-seed round The round was backed by Cameroon Angels Network, Catalytic Africa, Digital Africa, Tunde Akinnuwa, co-founder at Duplo and other private investors.
Paystack partners NIBSS to launch Direct Debit in Nigeria Nigerian fintech company, Paystack is launching a Direct Debit product in partnership with the Nigeria Inter-Bank Settlement System.
Sub-Saharan Africa's top 10 remittance recipients in 2022 According to the World Bank, Nigeria accounted for the highest remittance flow into Sub-Saharan Africa in 2022.
CBN launches portal for microfinance bank licence applications The Central Bank of Nigeria (CBN) on Wednesday announced that it has unveiled a digital platform for the submission of Microfinance Bank (MFB) licence applications.