Search Results for "financial services" Query

The Future of Digital Financial Services
The Future of Digital Financial Services
Join us for the next edition of Africa Money & DeFi Summit taking place at Africa Tech Summit Nairobi on 14th & 15th February 2024. On October 3rd & 4th 2023 Africa Money & DeFi Summit hosted leaders and stakeholders from across the African Finetch, Web3, DeFi and tech ecosystem, who listened and learned from... Read Article →
Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies and drive deeper growth in Nigeria
Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies

Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an equity and debt funding round to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to drive business growth across the country’s pharmaceutical sector. The $8…

Read Article →
Embedded Finance; Driving Access To Financial Services
Panel session on Embedded Finance; Driving Access To Financial Services featuring insights and views from Alex Christian - Co-founder at DataMynt, Hakeem Akiode - Head of Growth and Marketing at Youverify, Olufemi Olanipekun - Founder at VeendHQ, Jihan Abass - Founder and CEO at Lami and moderated by Thea Sokolowski - Head of Marketing at... Read Article →
IFC Invests in Mobile Money Firm Wave to Boost Access to Digital Financial Services in West Africa

To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., mobile money firms that are helping lower prices and expand services in the region. The investment from IFC and other lenders will help Wave substantially grow…

Read Article →
Africa Money and DeFi Summit and Amazon Web Services Partner to Drive Digital Transformation in Africa

Africa Money and DeFi Summit, creators of Africa Tech Summit are delighted to announce its partnership with Amazon Web Services (AWS) a subsidiary of Amazon.com, to drive digital transformation in Africa. With an unmatched legacy of 12 consecutive years as a Gartner Cloud Infrastructure and Platform Services (CIPS) Magic Quadrant leader, AWS brings its unrivaled…

Read Article →
How can DeFi power the African financial system?
How can DeFi power the African financial system?

The African financial system is broken and requires innovation to fix it. Despite attempts by new financial technology firms to fill the gaps that exist, the foundation of the entire ecosystem, which is traditional finance backed by government-issued currencies and institutions, has left some gaps still wide open. The creation of blockchain technology and the…

Read Article →
Mastercard and Lipa Later Group Join Forces to Drive Financial Inclusion

Mastercard has announced a strategic partnership with Lipa Later, a leading credit led and technology-driven fintech. This collaboration aims to accelerate the expansion of Buy Now, Pay Later (BNPL) payment services in Africa. The partnership is expected to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities. By…

Read Article →
32 Startups Selected for the Financial Solutions for Migrants Accelerator Program
32 Startups Selected for the Financial Solutions for Migrants Accelerator Program

Village Capital has announced 32 startups operating in Africa, Asia, and the Middle East have been selected to join the Financial Solutions for Migrants program, an accelerator for impact-driven startups developing digital financial inclusion solutions for migrants. The program which is funded by the Impact-Linked Fund for Gender Inclusive Fintech (ILF for GIF), managed by…

Read Article →
Number of first-time crypto buyers in SA soars There was an increase of over 43% in the number of first-time crypto buyers in South Africa on Luno in March 2024. At the same time, Bitcoin posted a new all-time high and other cryptos rallied to multi-year highs. Says De Wit, “Research indicates that investors are open to crypto investments if recommended by financial advisors. Many advisors have seen a lack of regulation as a barrier to entry. With FSCA licensing, the asset class should attract the attention of more sophisticated investors that are offered professional and responsible advice.” Africa is primed to lead the decentralised revolution Crypto asset class about to take off in South Africa as the sector becomes licensed and regulated
Crypto Asset Class About to Take Off in South Africa as the Sector Becomes Licensed and regulated

Cryptocurrencies currently form a small portion of total investment capital in South Africa managed by fund managers, wealth managers and financial advisors. However, the recent approval by the Financial Sector Conduct Authority (FSCA) of several financial service provider licences could change this. This is one of the key issues explored in a new report by…

Read Article →
Number of first-time crypto buyers in SA soars There was an increase of over 43% in the number of first-time crypto buyers in South Africa on Luno in March 2024. At the same time, Bitcoin posted a new all-time high and other cryptos rallied to multi-year highs. Says De Wit, “Research indicates that investors are open to crypto investments if recommended by financial advisors. Many advisors have seen a lack of regulation as a barrier to entry. With FSCA licensing, the asset class should attract the attention of more sophisticated investors that are offered professional and responsible advice.” Africa is primed to lead the decentralised revolution Crypto asset class about to take off in South Africa as the sector becomes licensed and regulated
FSCA Awards Licence to Luno, SA’s Largest Crypto Asset Service Provider

South Africa’s largest and oldest crypto asset service provider, Luno, has secured a licence from the Financial Services Conduct Authority (FSCA) to operate as a financial services provider. Luno is the first dedicated crypto asset service provider in South Africa to be awarded its financial services provider licence following the FSCA’s declaration of crypto assets…

Read Article →
back to top