Product launches, company updates, and stories from the team building the finance OS for African businesses.
African startups raised $272 million in February 2026, marking a recovery. The figure represents a 56% increase from January’s $174 million. Forty startups drove February’s numbers, according to Africa:…
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African fintech company NjiaPay raised $2.1 million in seed funding. Newion led the investment round. The funding will expand payment infrastructure across Africa. NjiaPay launched in 2024. The company solves payment failures…
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PayPal has officially returned to Nigeria after years of absence. The global payments company partnered with Paga, a Nigerian fintech firm. This development marks a significant milestone for…
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The global fintech company officially submitted its application. Revolut targets a full banking license under the Banks Act. This action signals its strategic entry into the African market.…
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The Lagos-based firm announced the news this week. This is a major strategic shift. Rank acquired AjoMoney. It also acquired Zazzau Microfinance Bank (MFB). This move expands its services…
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Flutterwave and Polygon Labs are joining forces. They will simplify cross-border payments. African payment leader Flutterwave announced a new partnership. The company chose Polygon Labs for the deal. Polygon PoS…
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The new product, named “Mukuru Fast Loan,” is now available to Mukuru’s extensive customer base in South Africa. The partnership combines Mukuru’s large distribution network and trusted brand…
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Moniepoint, a leading business payments and personal banking platform in Nigeria, has introduced an artificial intelligence chatbot called ‘M’ to help people understand the informal economy in clear,…
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In October 2025, the FCCPC announced that the number of officially registered digital lenders, commonly known as loan apps, had reached 492. This increase follows the implementation of…
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