. Fintech companies seeking to expand into regulated banking services through the acquisition of microfinance banks could end up inheriting costly compliance and regulatory challenges, Babatunde Akin-...
. Sterling Bank has expanded financing across its priority sectors to N331.7 billion, reinforcing its push to position agriculture and related industries as key drivers of Africa’s economic transforma...
. FirstBank has urged small and medium-sized enterprises (SMEs) to move beyond simply chasing sales and adopt deliberate strategies focused on customer acquisition, conversion, profitability and reten...
. Nigerian financial services group Zedcrest is accelerating its expansion into technology-driven finance after completing the acquisition of Leatherback, a UK-founded cross-border payments company, a...
. South Africa’s communications regulator has opened two new market inquiries that could place major telecom operators and global digital platforms under greater regulatory scrutiny as authorities see...
. Kenyan financial technology startup Flowt has raised $550,000 in pre-seed funding to expand its AI-powered financial intelligence platform and build a $1 million loan book for climate-smart small an...
. Visa has enhanced its A2A Protect fraud-prevention solution with real-time risk intelligence and a new unified fraud score designed to help financial institutions detect account-to-account fraud bef...
. African fintech Mukuru is expanding its payments offering in Botswana, seeking to turn customers’ mobile phones into everyday financial tools as it moves beyond its traditional remittance business. ...
. PremiumTrust Bank has secured credit-rating upgrades from Agusto & Co. and DataPro Limited, strengthening its standing in Nigeria’s banking industry as improved capitalisation, liquidity, asset ...
. African fintech innovation will struggle to achieve sustainable scale unless fintech companies, commercial banks, payment infrastructure providers and regulators work more closely together, accordin...