Finance and Fintech
Delving into different varied fintech innovations that are reshaping banking, investments, and payments globally.
- How To/ Explained
How Milliseconds Decide Who Wins in the African Forex Market
In the African forex market, speed is the ultimate advantage. Automated, high-frequency trading now beats human instinct, with milliseconds defining…
- Interesting Reads
Africa’s Digital Payments Market Set to Double to $19 Billion by 2029, BCG Report Finds
A new BCG report finds Africa's payments revenue will double to $19 billion by 2029, outpacing global growth.
- News
Visa tests stablecoin funding on Visa Direct to unlock faster liquidity
Stablecoin prefunding on Visa Direct promises faster liquidity and predictable settlement for cross-border payouts.
- News
Verto enters UAE to speed up Kenya–Gulf B2B payments
Verto’s DFSA-authorised UAE launch targets faster, transparent Kenya–Gulf B2B payments with stronger FX and tracking tools.
- News
Two Middle East fintech giants are merging to create a payments powerhouse
Network International and Magnati have merged, creating a massive fintech powerhouse aiming to dominate the payments market across MEA.
- News
CBK wants your opinion on proposal to cut M-Pesa, Airtel Money fees from KES 23 to KES 10: How to respond
If you’ve been side-eyeing your M-Pesa or Airtel Money charges lately, here’s the plot twist you’ve been waiting for: the…
- News
PayPal Bets $100 Million on Middle East and Africa’s Digital Future
PayPal commits $100 million to the Middle East and Africa, aiming to fuel innovation, support local entrepreneurs, and drive growth.
- Interesting Reads
Watu financed 1.4 million smartphones in Africa last year — and it’s now a carbon-negative company
Watu, the asset financing company that has become a ubiquitous presence in Africa’s mobility sector, just dropped its 2024 sustainability…
- News
M-KOPA surpasses 3 million active customers, unlocking $2 billion in credit for the unbanked
M-KOPA, the fintech firm known for its pay-as-you-go financing for everything from smartphones to electric motorbikes, has hit a major…
- News
Equity Bank and MoneyGram are slashing international transfer fees by 50 percent
The promotional campaign, running until the end of 2025, drops the cost of sending money from Kenya from 4 percent…
- News
Verto’s new Atlas APIs aim to fix the headache of cross-border payments in Africa
Verto has launched Atlas, an API suite to simplify cross-border payments and embed financial services for African businesses.
- News
Visa launches “Visa Pay” in the DRC to connect banked and unbanked users to digital payments
DRC gets a new interoperable rails upgrade. Visa Pay launches with USD and CDF transfers, virtual cards and bank integrations.
- News
Airtel Money Eyes 2026 IPO With a $4 Billion Prize on the Table
Airtel Africa is finally putting numbers where its ambitions have always been. The telecom giant has confirmed that its mobile…
- Announcements
Verto launches Atlas Suite, a single API for cross border payments and FX
Verto Atlas Suite brings API first cross border payments, FX and local accounts to fintechs and platforms in Africa.
- News
USDC and EURC Settlement Arrive on Mastercard’s Network in EEMEA
Mastercard and Circle enable USDC and EURC settlement for EEMEA acquirers, unlocking faster cross-border payouts for merchants.
