African tech leaders and investors connect at London Stock Exchange for the 6th Africa Tech Summit London
African tech leaders, corporates and investors will connect at the London Stock Exchange for the sixth edition of Africa Tech Summit London (ATS), taking place on November 24th. The annual Summit will share insights from leading industry players including; London Stock Exchange, DLA Piper, Alerzo, Deimos, Niji Oni & Co., Cellulant, Paystack, GIZ, Smile Identity, Verto, Flex…
AffinityAfri-Farmers MarketAfrica Tech SummitAlerzoArinifu TechnologiesAWS StartupsBlog PostBloombergBoomiCellulantCelo FoundationDeimosDigital Mobile AfricaDLA PiperDPI Innovation FundePoultryFarmspeak Technology LimitedFezDeliveryCo.Flex FinanceGIZInVhestia Africa LimitedJabuKwik BasketLondonLondon Stock ExchangeMagmatechMozare3Niji Oni & Co.PatriciaPaystackPennee TechnologiesPolygon TechnologyQoreIDSmile IdentityTechCrunchVertoViridianWimbartWorkpayZenith Chain
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QoreID: Consumer Data, Bedrock of Africa’s Open Finance System
According to QoreID, access to credible consumer data has been identified as a critical layer that will enable a viable open finance system in Africa. Sarah Essien, Chief Operating Officer of VerifyMe Nigeria, a digital identity and Know-Your-Customer (KYC) technology company with a head office in Lagos, states that the quest for a sustainable open…
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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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Quona Capital announces $332M fintech venture fund
Emerging markets venture capital firm Quona Capital today announced the final close of its Fund III at $332 million, significantly exceeding its $250 million target. This is the third fund from Quona Capital since its inception, bringing the firm’s aggregate committed capital to over $745 million. Quona focuses its investments on innovative technology companies that are expanding…
Africaand Ganesh RengaswamyBlog PostEmerging MarketsFintechJonathan WhittleMonica Brand EngelQuona Capital
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Payhippo acquires Nigeria’s Maritime Microfinance Bank
Payhippo, Nigeria’s credit-led SME fintech, has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans. The acquisition is pending approval from the Central Bank of Nigeria and both parties are working together to obtain the regulator’s approval. This will also enable…
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MoneyFellows Raises $31 Million in Series B first closing
MoneyFellows, an Egyptian fintech platform has announced the first close of its Series B round with a $31 million investment led by CommerzVentures, Middle East Venture Partners (“MEVP”), and Arzan Venture Capital. Invenfin, National Investment Company (“NIC”) as well as existing investors such as Partech, Sawari Ventures, 4DX and P1Ventures also participated in the round….
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Yellow Card Receives First-Ever African Crypto Licence
Yellow Card has made another significant stride in the industry, becoming the first cryptocurrency company on the continent to be granted a Virtual Asset Service Provider licence to operate in Botswana. The licence, in accordance with Section 11 of the Virtual Asset Act, 2022, was issued by the Non-Bank Financial Institutions Regulatory Authority [NBFIRA] on the 29th…
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Moove raises £15 million financing to scale UK operations
Moove, a mobility fintech startup providing auto financing for gig economy drivers has raised £15 million in financing to scale up its UK operations. Moove launched in London in August with a 100% EV rent-to-buy model that provides mobility entrepreneurs access to brand-new, zero-emissions vehicles for a flat weekly fee. The new financing facility from…
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Cellulant joins forces with Lusaka Chamber of Commerce to digitize payments
Press Release by Cellulant. Cellulant Zambia has signed a Memorandum of Understanding (MoU) with the Lusaka Chamber of Commerce and Industry (LCCI) to offer digital payments to its member businesses. Lusaka Chamber of Commerce members can now readily access payment solutions that will enable them to accept payments from their customers’ preferred mobile money wallet….
Alexander LawrenceCellulantDigital PaymentsFelix MutatiGilbert LunguLusaka Chamber of CommercePaymentTinggZambia
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