Fintech

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.

LatAm fintech, Ebanx expands into eight African countries

EBANX has expanded into eight African countries: Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. The LatAm fintech unicorn is now present in eleven African markets.

LemFi raises $33 million Series A for global expansion

Global payments company, LemFi (formerly Lemonade Finance) has secured a $33 million Series A in a round led by Left Lane Capital.

Inside Nigeria and Egypt's fintech alliance to deepen cross-border regulations

The regulators of Africa's leading fintech markets, Egypt and Nigeria have signed a deal to deepen cross border regulations in both countries.

UK fintech Unlimit makes its second African expansion, acquires Kenyan PSP licence

Two months after launching operations in Nigeria, UK fintech Unlimit has acquired a PSP licence in Kenya.

Flutterwave partners Token.io to provide A2A payments for African e-commerce merchants

African fintech company Flutterwave has partnered with Token.io, a leading account-to-account (A2A) payment infrastructure provider to enhance African e-commerce merchants' access to European customers.

Tyme raises $77.8 million to fuel global expansion

Tyme, a global digital bank and the parent of South Africa's TymeBank has secured $77.8 million from Norrsken22 and Blue Earth Capital, as part of its pre-Series C capital raise.