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9 Ventures Announced for the Africa Money and DeFi Summit Investment Showcase

Africa Money and DeFi Summit has announced nine ventures selected to showcase their cutting-edge Web3, Blockchain, Fintech, and Decentralised Finance (DeFi) businesses to investors and industry leaders, live on stage, in Accra, Ghana on October 3rd and 4th. With a focus on forging connections and bridging the gap between African ventures, corporates and global investors,…

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Opera Launches MiniPay, a New Stablecoin Wallet Built on the Celo Blockchain, to Onboard Millions of Users Across Africa to Web3
Opera Launches MiniPay, a New Stablecoin Wallet Built on the Celo Blockchain, to Onboard Millions of Users Across Africa to Web3

Opera, a global web innovator, unveils MiniPay – a blockchain-based wallet built on the Celo blockchain. Directly integrated into the Opera Mini  browser, MiniPay makes it easier and more affordable for individuals across Africa to acquire and to send or receive stablecoins – simply by using mobile phone numbers. Leveraging the unique benefits of Celo’s…

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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…

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Top Cryptocurrency Markets in Africa - 2023 Update
Top Cryptocurrency Markets in Africa – 2023 Update

The African cryptocurrency market continues to evolve as more people adopt cryptocurrencies, new companies are started, and regulators make new pronouncements. Despite the evolution, more has stayed the same regarding the spread of adoption geographically. In this article, we explore the top cryptocurrency markets in Africa in 2023. Since cryptocurrency adoption on the continent became…

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The Case for Open Finance
The Case for Open Finance

By Adesola Sanusi We’ve evolved from cash and piggybanks to physical banks, and we’re now moving into a cashless world with digital connectivity and financial services at your fingertips. Open finance broadens financial access beyond traditional bank accounts. Its potential lies in open access to financial data, increased transparency, and vast innovation. This transformative approach…

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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…

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New report from Duplo reveals that Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution.
New report from Duplo reveals that Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution

A new report from Duplo, a business payment platform for African businesses of all sizes,  has revealed that Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including adoption of electronic bank transfers, speed of processing invoices and payment automation. According to the Exploring the State of B2B…

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Nigerian FinTech Touch And Pay Launches New Booking Solution
Nigerian FinTech Touch And Pay Launches New Booking Solution

Touch and Pay Technologies [TAP], a Nigerian fintech company and leading processor of micro-transactions in Africa, has announced the democratization of interstate travel from Nigeria’s largest city, Lagos, to other parts of the country. It is now possible for passengers to pay for their trips using the Cowry app, even if they are travelling through…

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Finastra and Modefin partner to provide best-in-class fintech solutions

Finastra, a global provider of financial software applications and marketplaces, and Modefin, a global fintech solution provider helping banks to thrive in the digital age, announced their partnership to offer Finastra’s Fusion Trade Innovation and Fusion Essence solutions to banks in Africa and several Indian subcontinent markets. With Finastra’s solutions, Modefin will help its customers embrace open finance today…

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