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Reporting filed under FinTech.
Showing 21–34 of 34 articles
FinTech
MTN Nigeria’s Billboard (Source: Alamy) MTN Nigeria has revealed its financial results for the past nine months ending September 30, 2024. Data showed that the telco’s net losses grew by more than 3335% year on year to N514.928 billion, according to details from the telecommunication company’s unaudited financial statement revealed. This loss spiked from N14.984
FinTech
Moniepoint Inc. announced that it has successfully secured US$110 million in equity financing. Dubbed Africa’s fastest-growing fintech, it aims at using this funding to power the dreams of millions of businesses and customers across Africa and the globe. The Series C investment was led by Development Partners International’s African Development Partners (ADP) III fund, which
Funding
Yellow Card, founded in Nigeria in 2019, is a fintech company that operates in 20 countries and facilitates more than $3 billion in transactions across the continent
FinTech
This strategic appointment comes as M-KOPA, widely known for providing affordable smartphones and digital financial services to underserved consumers, seeks to expand its reach in emerging markets.
FinTech
The launch of Kazang Pay in Zambia comes on the heels of the introduction of the solution in South Africa, where around 60,000 small and micro merchants use Kazang Pay to accept card payments.
FinTech
As a crucial part of the collaboration, Amazon will adopt Mastercard Gateway as a payment solution that will be made available in 40 markets in the region
FinTech
TymeBank surpasses 10 million customers six years after funding
Funding
Egyptian fintech startup Paymob has announced a $22 million extension to its Series B funding round, bringing the total raised to $72 million. The extension was led by EBRD Venture Capital, with participation from existing investors including PayPal Ventures, British International Investment (BII), FMO, A15, Nclude, Helios Digital Ventures, and Endeavor Catalyst. Founded in 2015
FinTech
Mitesh Popat Replaces O’Neal Bhambani as Chief Financial Officer
FinTech
Tanzanian FinTech Startup, NALA Follows in Flutterwave’s Market Entry as it obtains a Money Remittance License in Uganda
Funding
Kredete, a Nigerian financial software platform has raised US$2.25 million in seed funding to help it further scale across the continent. Having already built a presence in up to 20 African countries, Kredete is focused on enabling African Immigrants to builf credit scores and send money back home. Kredete was founded in 2023 with the
FinTech
Flutterwave gets major boost to its operations in Uganda as it finally secures a Payment Systems Operator (PSO) license from the Bank of Uganda. This will enable businesses in the country to access its payment solutions. This license will enable businesses in Uganda to make single and bulk payouts to suppliers, employees, and partners. This
Funding
Payments and liquidity platform aims to solve trade deficits resulting from increasing demand for the dollar
FinTech
One month after court order to recover $24 million, FinTech company, Flutterwave suffers another security breach