Across Africa, the rise of mobile money and digital payments is reshaping the financial landscape – and the continent’s largest telcos are doubling down. Faced with surging demand for low-cost, mobile-first financial services, telecom operators are spinning off dedicated fintech subsidiaries,
Nigerian crypto startup Bitmama has raised a total of $2 million, including a recent $1.65 million funding round. Established as a P2P exchange, it offers various services, including trading, payments, and virtual cards. With operations in Nigeria, Kenya, and Ghana, Bitmama aims to expand its market presence and develop new products across Africa.
Lipa Later, a Kenyan BNPL platform, raised $3.4 million in debt funding to expand services and enhance financial inclusion. The firm plans further fundraising and emphasizes growth within the African fintech landscape.
Nigerian fintech Grey has raised $2 million to enhance its virtual currency services for digital workers. This includes free foreign bank accounts, easy currency conversion, and expanded operations in East Africa, starting in Kenya.
PayStack، شركة تحل مشاكل المدفوعات للأعمال الطموحة في أفريقيا، تعلن اليوم عن إطلاق مجموعة The Stack (TSG)، وهي شركة قابضة رئيسية ستجمع بين مجموعة العلامات التجارية المتركزة على التكنولوجيا المرتبطة بـ Paystack. TSG
Kuda Bank reported a significant loss of over $14 million in 2021, with losses increasing by 602% compared to 2020, despite a substantial revenue growth. High non-performing loans and rising operating expenses necessitate a strategic restructuring, prompting layoffs to reduce costs.
Holiverse prioritizes philosophy over marketing, emphasizing authenticity and independent thought over mere technology. Its mission challenges users to explore deeper questions about identity and purpose amidst superficial promises.
JP Morgan Chase, the largest bank in the United States and one of the largest financial institutions in the world, has formally entered the contest for on-chain cash, and the prize isn’t just another product line – it’s the billions of dollars sitting in stablecoins and early tokenized funds that
Lulalend, a South African fintech focusing on digital lending for SMEs, secured $35 million in Series B funding to expand operations and address the credit deficit among underserved businesses. The investment will enhance its offerings, including an AI-driven neo-bank for SMEs.
في الربع الرابع من عام 2025، منحت مؤسسة حقوق الإنسان (HRF) مبلغ 1.3 مليار ساتوشي من خلال صندوق تطوير البيتكوين الخاص بها لدعم 22 مشروعًا لبناء أدوات مالية مقاومة للرقابة، وبنية تحتية مفتوحة المصدر لبيتكوين، ومبادرات تعليمية حول العالم. تمتد المنح عبر بيتكوين كور