Finance and Fintech
Delving into different varied fintech innovations that are reshaping banking, investments, and payments globally.
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Startups
Ramani, a Tanzanian Software Company, closes $32 Million Series A
Ramani will be looking to scale its network of micro-distribution centres (MDCs) and also launch a new micro-credit offering for…
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Startups
Grey Fintech raises $2 Million Seed to expand to more markets
Grey has announced $2 Million in seed funding. The fintech which was started by two Nigerians currently operates in Nigeria…
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News
Central Bank grants ’Virtual Pay’ license to offer payment services
Virtual Pay is the latest firm to receive a license from the Central Bank of Kenya to operate as a…
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Startups
Africa-born Vehicle Financing Company, Moove, expands to India
Moove will be launching 5,000 EV and CNG vehicles within its first year in India, with plans of scaling to…
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News
Immigrants still sending money back home despite rising costs of living; World Remit Report
According to a WorldRemit report, immigrants are still sending significant amounts of money back home despite rising costs of living.
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Announcements
Finverity has launched Emerging Leaders Programme to train future finance leaders
Finverity has announced the launch of its Emerging Leaders Programme that aims to identify, nurture, and grow future trade finance…
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Startups
Bloc has acquired Orchestrate, formerly Getwallets
Bloc, Nigeria’s full-service FinTech and Banking as a Service infrastructure provider, announces its acquisition of Orchestrate
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Startups
Nigeria’s AFEX expands to Kenya; To empower small farmers
AFEX has launched a $1 million loan program that will allow farmers gain access to seed and fertiliser to mitigate…
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Startups
Nigeria’s Mono expands to Kenya to push the Open Finance dream
Mono has expanded to Kenya pushing the open banking idea to East Africa by allowing access of Financial Data &…
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News
Autochek acquires CoinAfrique to expand into Francophone Africa
Autocheck has acquired CoinAfrique in a move to expand into Francophone Africa. This comes after they acquired Cheki in Kenya…
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24 Bit
Podcast: Our Experiences using the new M-Pesa Visa Virtual Card
Listen in on Chenze, Dickson Otieno & Nick Kanali as we discuss our personal experiences with the recently launched M-Pesa…
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News
‘Absa Visa Send Money’ service launched for domestic & international remittances
Absa and Visa have partnered to launch a domestic and cross-border remittance service called "Absa Visa Send Money"
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News
KDC partners with KNCCI to improve access to credit for SMEs in Kenya
The KDC and KNCCI have entered into a strategic partnership to accelerate the provision of credit to Small and mid-size…
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Announcements
TECNO follows Infinix footsteps with new Digital Wallet
TECNO has followed Infinix footsteps announcing a digital wallet called the TECNO Wallet that'll launch with the CAMON 19 Series.
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News
‘Grey’ fintech offering Foreign Bank Accounts and Instant Money Transfer expands to Kenya
Grey has announced its expansion into the East African market starting with Kenya where it is partnering with Cellulant.