Flutterwave joins Africa Money and Defi Summit, Ghana 2022
Flutterwave is a leading technology company that enables businesses across the world to expand their operations in Africa and other emerging markets through a platform that enables cross-border transactions via one API. Flutterwave has processed over 200M transactions worth over USD $16B to date and serves more than 900,000 businesses including customers like Uber, Flywire,…
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Zapper partners Stitch to offer one-click payments in South Africa
Zapper, a South African mobile payments company has partnered with payments and data API fintech Stitch (via LinkPay—a one-click payments product) to enable Zapper users to make instant electronic funds transfer (ETF) payments with a click. Zapper was one of the first players in South Africa’s mobile payments market and today enables merchants of all…
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Flutterwave Secures Switching and Processing License
The Central Bank of Nigeria has granted Flutterwave, an African payments technology company a Switching and Processing License (CBN)—widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer customers transaction switching and card processing services. Others include non-bank acquiring, agency banking, and payment gateway services. The Switching and Processing license allows…
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Pezesha raises Pre-series A investment of $11 Million
Pan-African embedded finance Fintech, Pezesha, has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow…
Fintech VC Firm QED Investors Makes Investment in TeamApt
TeamApt, a Nigerian payment platform, has just completed a financing round and brought onboard fintech specialists, QED Investors. With almost $5 billion assets under management, QED is a premier VC in the fintech space. They have invested in 27 unicorns over more than 180 portfolio companies across 14 countries. TeamApt is its first investment in…
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Exploring Fintech For Resilience
Panel Session on Exploring Fintech for Resilience at the Africa Money and DeFi Summit, part of Africa Tech Summit Nairobi 2022. The panelists discuss the impact FinTech has had on the climate risks faced by households and small businesses across the continent, and what affordable and accessible solutions are available for these vulnerable communities. Panelists... Read Article →
Norebase partners with Mercury to offer its users a banking stack for startups
Norebase, an African startup that allows entrepreneurs to start businesses and expand into other markets, has announced its partnership with Mercury — the fintech company building a banking stack for startups — to give its clients looking to incorporate to the U.S an all-in-one neo banking experience. Norebase has stated that this partnership with Mercury, will…
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Fintech Bizao Raises €8M To Expand Across Africa
Bizao, a Côte d’Ivoire-based fintech firm currently in over 10 African nations, has introduced an €8 million Sequence A funding spherical. The corporate hopes to speed up its geographical footprint throughout the continent and spend money on the design of recent strains of services with this elevate. The funding round was led by AfricInvest Financial…
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Kotani Pay partners with Tokpay, to enable off-ramp services to its users
Kotani Pay, a technology stack that enables blockchain protocols, dapps, and fintech companies to integrate seamlessly into local payment channels has announced a partnership with Tokpay, a DeFi neo-bank for for micro-finance and social protection programs in Sub-Saharan Africa. Acoording to Kotani Pay, the aim of this partnership is to provide off-ramp services to Tokpay…
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Zazuu raises $2M to scale its cross-border payment marketplace
Zazuu, an Africa-focused fintech startup creating a payment platform for cross-border payment solutions for Africans in the diaspora, has raised USD2 million, which will be critical in the company’s mission to minimise the inconsistency associated with remittance transactions for Africans. The funding round had the participation of Launch Africa, Founders Factory Africa, Hoaq Club, Tinie…
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