Unlimit Expands to Kenya
Fintech Unlimit (previously known as Unlimint) expanded its services to the Kenyan market, upon securing a Central Bank of Kenya licence
Africa
Helium Health Gets $30 Million
The African startup Helium Health announced the attraction of investment funds in the amount of $30 million following the results of the Series B financing round.
Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa
The partnership aims to use the potential of both companies for creating new routes and payment options for bilateral cross-border trade between Vietnam and Africa using the Lightning Network
Nigerian B2B E-Commerce Startup Sabi Raises $38 Million to Serve African Retailers
Sabi’s Series B funding round values the company at $300 million and powers the startup’s goal to serve the 50 million small- to medium-sized businesses (SMBs) in Africa
Kenyan Fintech M-Kopa Raises $250M to Extend Financial and Sustainability Services
M-Kopa will use the new debt and equity funding to expand financial services offering to underbanked consumers across Sub-Saharan Africa, as well as reduce greenhouse gas emissions in Kenya and Uganda
Zimbabwe Unveils Gold-Backed CBDC
Zimbabwe has presented a digital currency that is backed by gold.
Ecobank Kenya Rolls Out Fingo Africa Financial App for Local Youth
The Fingo Africa app aims to enhance financial inclusion for young people both in Kenya and across the wider African landscape Part of the pan-African banking Group, Ecobank Kenya, launched the Fingo Africa app to enable African youth open bank accounts with their mobile phones. Ecobank has developed the touth-focused app in close collaboration with a […]
Kenya Proposes Crypto Transfer Tax
The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets
Pyypl Rolls Out Social Micro-Investment Platform for African SMEs
Pyypl micro-investment platform aims to build a social ecosystem for entrepreneurs across Africa and improve access to digital financial services for informal employment sectors UAE-based fintech Pyypl has introduced a new micro-financing platform catering to the needs of African self-employed people, micro, small and middle-sized businesses. Having raised $20m to expand financial inclusion in the […]
Zimbabwe is Working on Gold-Backed Digital Currency
Gold-backed digital currency to be introduced by the Reserve Bank of Zimbabwe is supposed to stabilize the highly volatile Zimbabwean dollar
Unlimint to Provide Payment Services in Nigeria: License Secured
Having received its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria (CBN), fintech Unlimint is going to launch in the Nigerian market
African Blockchain VC Funding Surged Over 400%: Report
Africa is the only region globally to have experienced an explosion in blockchain venture funding in 2022
ETAP Launches Socially Responsible Car Insurance in Africa
An insurtech ETAP has introduced a digital car insurance service that redistributes funds to policyholders and supports social good in local communities of Africa
Flat6Labs Launches $95 Million Seed Fund for Africa-Based Tech Startups
Flat6Labs has launched a new startup fund of $95 million.
Western Union Turns to MFS to Expand Global Money Transfers
Western Union announced the beginning of cooperation with MFS Africa.
Binance Adds Support for More African Currencies
Binance, the world’s largest blockchain ecosystem and cryptocurrency infrastructure provider, has announced the start of support for more African currencies.
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