BitKE

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.

[PRESS RELEASE]
Ezeebit, the FSCA-regulated stablecoin and cryptocurrency payment infrastructure company, has announced the close of a $2.05 million seed funding round. The capital will be used to accelerate product development and merchant adoption in South Africa, Kenya, and Nigeria and

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

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.

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.

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