Product launches, company updates, and stories from the team building the finance OS for African businesses.
MTN Ghana completed its mobile money business separation on March 31, 2026. The company created a standalone fintech entity called MobileMoney Fintech Limited. Scancom PLC, operating as MTN…
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Flutterwave obtained a Nigerian banking license on April 2, 2026. The fintech unicorn transitions from a payments processor to full banking services. CEO Olugbenga Agboola announced the development on…
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Nigeria and Finland signed a cybersecurity cooperation agreement on March 23, 2026. The deal addresses rising cyberattacks targeting Nigerian institutions nationwide. Dr. Bosun Tijani, Nigeria’s Minister of Communications,…
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Moniepoint acquired Orda Africa to expand restaurant management solutions. The deal integrates Orda into the Moniebook platform. Moniepoint Inc announced the acquisition on March 23, 2026. Orda is a cloud-based restaurant…
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Wise has secured a Nigerian remittance licence after a decade of challenges. The British fintech can now operate independently in Africa’s largest economy. The Central Bank of Nigeria…
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The Central Bank of Nigeria requires automated anti-money laundering systems. Financial institutions face strict timelines to comply with new standards. The Central Bank of Nigeria issued the directive…
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9 Payment Service Bank launched cross-border money transfers to Ghana. Users send naira, and recipients receive cedis instantly. Nigeria’s first payment service bank announced the “Send to Ghana” feature…
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Divest launched Money Xchange to simplify cross-border payments across Africa. Users can now send funds between four African countries instantly. Nigerian fintech company Divest introduced the new service…
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Kenya and Rwanda signed a landmark agreement to streamline fintech licensing. Payment firms can now operate across borders without duplicate approvals. The Central Bank of Kenya and the…
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