Fintech
Africa’s fintech sector has progressed significantly over the past decade, largely driven by increased access to digital financial services. The industry is now transitioning to a phase focused on infrastructure development and efficiency, requiring a workforce with more advanced skills. The next stage of growth involves building complex financial ecosystems and connections that enable seamless […]
Eventhive, a B2B2C event servicing company operating across six major African cities, has announced Africa Fintech Live 2026. The event will be held in Nairobi and aims to bring together industry leaders to discuss the future of financial innovation in Africa. The Africa Fintech Live event is part of the broader Africa Tech Series, a […]
Nearly 300 million adults across Africa remain unbanked, particularly in rural and low-income communities, despite advancements in financial technology. This situation underscores the need for greater financial inclusion and presents a significant opportunity for growth, with fintech revenues in Africa projected to reach US$47 billion by 2028, a nearly fivefold increase from approximately US$10 billion […]
Africa’s fintech sector has progressed significantly over the past decade, focusing on expanding digital access and financial inclusion. The industry is now transitioning to a phase emphasizing infrastructure development and efficiency, highlighting a critical skills shortage. The Shift to Infrastructure and Ecosystems The current focus is moving beyond simple applications and platforms to building complex, […]
The fifth cohort of Visa’s Africa Fintech Accelerator program has been announced, featuring 18 fintech startups from 28 African markets. This year’s selection includes companies from Burkina Faso and Djibouti, indicating a widening geographic distribution of fintech innovation across the continent. Program Overview Visa has unveiled the fifth cohort of its Africa Fintech Accelerator, welcoming […]
Safaricom is investing $500 million to transform itself from a telecom provider into a tech leader by 2030. The company is focusing on AI, fintech, and infrastructure upgrades to support Kenya’s businesses, farmers, and entrepreneurs. M-PESA Fintech 2.0: Africa’s Next-Gen Mobile Money Revolution Safaricom is taking M-Pesa to the next level by embedding AI into […]
Fintech has rapidly emerged as a transformative sector in Africa, redefining financial service access for millions. Fintechs and digital financial services have consistently received the most funding across the continent by both value and deal count. The Banking Experience Edge A prevailing narrative suggests that fintech founders benefit from prior experience in banking or financial […]
Africa’s financial landscape is rapidly evolving due to technological advancements, particularly in fintech and cross-border payments. This digital transformation, however, presents increasing cybersecurity risks, highlighting the need for robust fraud prevention measures. Digital Finance Africa 2026 Summit IT News Africa will host Digital Finance Africa 2026 on February 26, 2026, at the Southern Sun Cape […]
Flutterwave, Africa’s largest fintech company, has acquired Mono, a Nigerian open banking startup. The deal, structured as an all-stock acquisition, is valued between $25 million and $40 million. The acquisition combines two significant players in the African fintech infrastructure landscape. Flutterwave operates a wide-ranging payments network, while Mono provides APIs that enable businesses to access […]
Fintech Funding Trends in Q3 2025 Capital movements in Q3 2025 highlighted a shift in the fintech landscape, demonstrating a concentration of funding around artificial intelligence (AI) and stablecoin infrastructure. This signals a transition for fintech from surface-level innovation to a focus on foundational infrastructure, a development particularly significant for Africa. The Rise of AI […]
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