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MILESTONE | Noones P2P Bitcoin Platform for the Global South Crosses 400K Users in Just 4 Months
Ray Youssef, ex-CEO of Paxful, now leads Noones, a financial app for the Global South, which has attracted over 400,000 users in four months. The platform aims to revolutionize money transfer and intra-African trade through Bitcoin and peer-to-peer transactions.
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PRESS RELEASE | FSCA-Regulated Infra Startup, Ezeebit, Raises $2 Million Seed to Scale Stablecoin and Crypto Payment Infrastructure Across Africa
[COMUNICADO DE PRENSA]
Ezeebit, la empresa de infraestructura de pagos con stablecoin y criptomonedas regulada por la FSCA, ha anunciado el cierre de una ronda de financiación semilla de 2,05 millones de dólares. El capital se utilizará para acelerar el desarrollo del producto y la adopción por parte de comerciantes en Sudáfrica, Kenia y Nigeria y
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FUNDING | 54 Collective, An African-Focussed Venture Studio, to Shut Down Startup Incubator After the MasterCard Foundation Cuts Funding
54 Collective will cease its venture studio operations in Africa following the conclusion of its partnership with the Mastercard Foundation on April 30 2025.
In an internal meeting on February 20 2025, 54 Collective’s leadership informed staff that the closure would lead to layoffs as the firm will
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The Central Bank of Kenya Re-Introduces Mobile Money and Bank Transaction Charges
The Central Bank of Kenya will reintroduce lower charges for mobile-to-bank and bank-to-mobile transactions starting January 1, 2023, after waiving them during the pandemic. This aims to promote sustainable growth in the mobile money ecosystem following significant user increases.
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MILESTONE | Egyptian BNPL Fintech, Fawry, Disburses Over 1 Billion Egyptian Pounds and Crosses 10 Million Downloads One Year After Launch
Fawry's Buy Now, Pay Later service has reached EGP 1 billion in disbursements within a year of launch, leveraging a large customer base and innovative services. As Egypt's largest e-payment platform, Fawry supports financial inclusion for both banked and unbanked populations.
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INTRODUCING | Leading South African Fintech, Peach Payments, Announces Real-Time Clearance Payouts
Leading digital payments provider, Peach Payments, has launched real-time clearance (RTC) payouts for all merchants on its platform in South Africa. The new payouts solution lets merchants top up their float and disburse payments in just minutes.

Says Rahul Jain, CEO and Co-Founder, Peach Paymen
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