Nigerian fintech Moniepoint is phasing out MonieWorld, its UK remittance product, about 14 months after launching the service as it refocuses resources on its core African markets.
Pan-African venture capital firm Ventures Platform has closed its second fund at $84 million, nearly doubling the $46 million raised for its first institutional fund as it deepens its focus across Africa.
For years, the first chapter of Africa’s fintech story was about getting people to pay digitally. The next chapter is increasingly about what happens after the payment.
Nigerian defense-tech startup Terra Industries has closed a $52 million seed round to scale its autonomous security systems and manufacturing operations across Africa and other emerging markets.
Nigeria’s central bank has opened a regulatory testing window for virtual-asset businesses, offering local founders a clearer path to develop and test digital financial products under supervision.
African venture capital in Q2 2026 reflects divergence. Funding for African startups edged higher in the first half of 2026, reaching $1.44 billion compared with $1.42 billion a year earlier, according to TechCabal Insights.
PayU GPO, an online payment service provider operating in over 40 emerging markets, unveiled the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the
(Newsfile Corp. - May 21, 2024) -With the successful launch in August 2023 of the UBA Remit Wallet - a digital wallet service for UBA Liberia, West Africa, HammerPay [USA]
Rivia, a Ghana-based e-health startup focused on improving service quality in the healthcare sector, has announced the acquisition of Waffle, a local SaaS startup specializing in software solutions for small
Carbon, a Nigerian fintech startup, has announced the total acquisition of Vella Finance, a US-based fintech startup, through its parent company, One Credit Limited, in an undisclosed deal to redefine
