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Youverify, an AI-driven Anti-Money Laundering (AML) solutions provider, has raised $2.5 million from Elm, a Saudi Arabian digital innovation and solutions
Anchor, a Banking-as-a-Service (BaaS) startup, has raised a $2.4 million seed investment round which was led by Goat Capital. The round
OPay, the financial technology and electronic payments solutions, has announced plans to apply for a license to establish a digital
Ecobank has announced the launch of the 2023 edition of the Ecobank Fintech Challenge which aims to contribute to the
Umba, a Nigerian digital bank, has acquired a majority stake in Daraja, a Kenyan microfinance bank, for an undisclosed amount.
MFS Africa, the African digital payments network, has reached an agreement to buy Global Technology Partners (GTP). Based in Tulsa,
DLM Capital Group, the Development Investment Bank, has announced the launch of its digital bank – Sofri, its one-stop-shop mobile
M-KOPA, the Kenyan pay-as-you-go energy services for off-grid customers, has raised $75 million in a growth equity round to expand
Finclusion Group has secured US$20million in debt & equity funding from various prominent investors in its latest capital raise. Investors
Standard Chartered Bank has disclosed that it will close 50 percent of its branches in Nigeria to focus on digital