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The Bank of Tanzania grants license to DPO Pay
The Bank of Tanzania grants license to DPO Pay

Leading African digital payments provider, DPO Pay, registered under One Payment Tanzania Limited, has received approval from the Bank of Tanzania to operate as a Payment Service Provider (PSP) in the country. The National Payment System Act, 2015 requires all PSPs to undergo a rigorous license application process to provide payment services in Tanzania. DPO…

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AZA Finance Launches New Payout Corridors to Empower Businesses in Emerging Markets
AZA Finance Launches New Payout Corridors to Empower Businesses in Emerging Markets

AZA Finance, an African fintech company, is a global leader specialising in providing secure and efficient financial infrastructure for payments, foreign exchange, and treasury services. The company recently announced the continued diversification of its global offering by expanding into new corridors in key strategic frontier markets. This expansion includes the introduction of new payout corridors…

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M-KOPA raises $250m to scale high-impact consumer fintech across Africa
M-KOPA raises $250m to scale high-impact consumer fintech across Africa

M-KOPA, a leading fintech platform, today announced it successfully closed over $250m in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa. This marks one of the largest combined debt and equity raises in the African tech sector, enabling M-KOPA to continue its rapid growth. Over $200m…

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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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Payday Secures $3M Seed Round to Power the Future of Work for Africa

Payday, the leading Pan-African neobank issuing global (USD, EUR & GBP) accounts to Africans, has announced a $3M seed round, led by Moniepoint Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors – Dare Okoudjou Founder and CEO of MFS Africa & Tola Onayemi CEO of Norebase….

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Overcoming the treasury challenges of operating in Africa

Sike Bamisebi – Chief Business Officer, Cellulant shares her insights Africa offers huge opportunities for businesses, but many multinationals struggle to reach their full consumer base on the continent – and, even when they succeed, reconciling payments can be an inefficient drain on resources. A fragmented payments ecosystem is to blame. Sike Bamisebi, Chief Business…

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Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation

During the U.S-Africa Business Forum, Visa announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, and inclusive economies across the continent. Visa’s expanded investments demonstrate the company’s long-term commitment to Africa’s growth potential and will help enable greater access to digital payments as an entry point…

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Africa Tech Summit Nairobi 2023- fifth edition to connect 1000+ delegates on February 15-16th

Following a sell out Summit in 2022, Africa Tech Summit Nairobi 2023 will again connect tech leaders from the African ecosystem and international players under one roof on Feb. 15-16 2023. The fifth edition will connect 1000+ delegates, 450+ companies and 150+ speakers across three Summits. Network with key stakeholders including tech corporates, mobile leaders,…

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OneOrder team photo
OneOrder secures $3m seed round, led by Nclude with participation from Delivery Hero Ventures and A15
Cairo, Egypt - 05 December 2022 - OneOrder, the MENA-based fintech-enabled restaurant management platform providing food supplies to hotels, restaurants and cafes, has today announced the close of a $3m Seed round. Led by Nclude, this round also sees follow-on investment from leading MENA early-stage VC, A15. New to the round is Delivery Hero Ventures,... Read Article →
Nigerian money app Kuda launches in the UK
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians. The company will charge a flat fee of £3 per transfer to a limit of £10,000. Kuda compares this to the average fee of 8%... Read Article →
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