Find uplifting stories about heroes, innovations, and solutions
10 results for "african fintech"
African fintech giant Flutterwave just secured a banking license in Nigeria after processing $40 billion in payments across the continent. The move lets the company hold deposits and issue loans for the first time, transforming it from a payment processor into full-scale financial infrastructure.
After years of trying to break into East Africa, Nigerian fintech success story Moniepoint just secured a 78% stake in Kenya's Sumac Microfinance Bank. The move marks a major milestone for African fintech, showing how homegrown digital finance companies are expanding across borders to serve more small businesses.
A new financial platform is helping millions of Africans invest in real assets like gold through their phones, breaking down barriers that kept everyday people locked out of wealth building. Aurum Foundation just partnered with Sierra Leone to turn physical gold into digital tokens anyone can buy.
A South African fintech is making it easier for businesses to get paid across Africa, raising $2.1 million to expand its solution that turned six payment systems into one. Companies using the platform are seeing checkout conversions jump by 25%.
After two years of major reforms, Nigeria has cleared its financial reputation and is now positioned to set the standard for African fintech. The move ends costly international scrutiny and opens doors for Nigeria's booming digital payment sector.
Africa's fintech revolution is entering a new phase where apps won't just track your spending—they'll help you make better financial decisions before you make them. Marcello Schermer from Yoco believes the next generation of African fintech will act as proactive partners, not passive recorders.
A pan-African payments company just raised ₦10 billion in two days, proving investors believe in homegrown solutions for Africa's financial future. Nairagram's record-breaking fundraise will expand payment access across 37 countries where millions still struggle to send and receive money.
Onafriq is using stablecoins to send money across 40 African countries in minutes instead of days, cutting costs and delays that have plagued traditional banking for decades. The shift could transform how millions access faster, cheaper payments across the continent.
A new African fintech startup just processed $2 million in four months by solving a problem that's held back entrepreneurs for years: getting paid across borders. HitchPay is growing 22% monthly while serving 20,000 customers who can finally compete in the global economy.
After years of restructuring and tough decisions, African fintech Chipper Cash stopped burning cash and reached operating profitability in late 2024. The turnaround shows how focusing on sustainable growth can save even struggling tech companies.