Swvl
Funding Investment Ride-hailing

Egypt’s Swvl Gets $10m From European Bank

Swvl, the Egyptian on-demand bus-hailing firm, has secured a $10m investment from The European Bank of Reconstruction and Development (EBRD)

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach

Investment

Vesti Secures $500k Pre-seed to Build a Neobank for Migrants

Vesti, a Nigerian migrants banking app, has raised $500,000 pre-seed funding round to improve its product platform, increase its users

Fintech Funding Investment Venture Capital

Finclusion Group Raises Additional $20m to Build Out Neobank Offering Across Africa

Finclusion Group has secured US$20million in debt & equity funding from various prominent investors in its latest capital raise. Investors

eNaira
Cryptocurrency

GTB, Ecobank Lead Adoption of CBN’s eNaira

Guaranty Trust Bank (GTB) and Ecobank have been named as banks leading the customers adoption of the eNaira. This is

Ecobank Fintech Challenge
Fintech

Nigeria’s Trove Finance Wins 2021 Ecobank Fintech Challenge

Ecobank Group has named Trove Finance, a Nigerian stock investment startup, the winner of the fourth edition of the annual

Kwara
Financial Inclusion Financial Services Fintech Funding Investment Venture Capital

Kenya’s Kwara to Build Digital Bank For Credit Unions With $4m Funding

Kwara, a Kenyan fintech startup, has secured a $4 million investment to build a digital bank for credit unions. The

Ecobank
Fintech Startup

Ecobank Announces the Top Five Finalists in its 2021 Fintech Challenge

Ecobank Group has announced the finalists of the 2021 Ecobank Fintech Challenge. The Ecobank Fintech Challenge, in its fourth edition,

Payment Regulation Telecom

Airtel, MTN Receive Approval in Principle to Operate Payment Service Banks

MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service banks (PSB) in the

ThankUCash
customer service Partnership

ThankUCash to Power Wema Bank’s Customer Rewards Initiative

ThankUCash, a rewards and discount platform, has entered into a partnership with Wema Bank to power the bank’s loyalty reward