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The United Nations Development Programme (UNDP) and the Timbuktoo Africa Innovation Foundation, have launched the Fintech Timbuktoo Hub in Lagos,
Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and
Ecobank, the pan-African financial services Group, has opened applications to the 7th edition of its Fintech Challenge. This annual competition
Brass, a Nigerian fintech startup, has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures
Visa, a global digital payments firm, has announced the startups shortlisted from across Africa to participate in the second cohort
Swypex, the Egyptian fintech startup, has raised a $4 million seed investment round led by Accel. The investment also included
Zeepay, the Ghanaian fintech company, has announced the completion of an equity investment by pan-African investment firms Africa50, Oikocredit, Injaro,
tookeez, the Moroccan fintech startup, has raised $1.5 million from Azur Innovation Fund, a public-private seed capital fund, to boost
Pivo, a Nigerian fintech startup, has shut down a year after raising $2 million in seed round. Founded in 2021
The local fintech bubble may have burst, with valuations becoming much lower as investors look for profitability and maturity instead of growth