Finance and Fintech
Delving into different varied fintech innovations that are reshaping banking, investments, and payments globally.
- News
M-PESA is finally getting Tap-to-Pay, wallet sharing & AI fraud detection with major ‘Fintech 2.0’ upgrade
Safaricom is revamping its cornerstone mobile money platform, M-PESA, to meet the escalating demands of the modern digital economy. Group…
- News
Visa and Mojaloop have an AI-powered plan to stop instant payment fraud
Visa adds its AI anti-fraud tech to the Mojaloop platform to secure instant payments and boost financial inclusion.
- News
Mastercard demos new payment tech in Nairobi, eyes $1.5 trillion African digital economy
Mastercard launched new payment tech, like Merchant Cloud, at its Nairobi summit, targeting Africa's $1.5 trillion digital economy.
- Startups
Stream raises $4M to solve the problem of actually getting paid in MENA
Saudi fintech Stream raises $4M seed to automate business billing, solving MENA's major gap in recurring digital payments.
- News
KCB Group to Acquire Minority Stake in Payment Gateway Pesapal
The deal is KCB's second major fintech acquisition in 2025, signaling a massive strategic push to build a "full-stack" financial…
- Startups
A new $30M fund, led by an ex-M-Pesa exec, is hunting for Africa’s next fintech giants
First Circle Capital has $6 million in backing from the IFC to find and build "Series A ready" startups at…
- News
Hisa Kenya and Nigeria’s Chaka merging into one “super app” after a year of broken experience
Hisa is gearing up for a comeback, at least if its new online teasers are anything to go by. A…
- 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…
