Kenya is set to revolutionize its financial landscape with the introduction of a new Fast Payment System (FPS). This cutting-edge platform will ensure seamless transactions between banks and fintechs, eliminating existing barriers. The FPS promises to enhance accessibility, making financial services more convenient for all Kenyans.

Peach Payments is shaking up the digital commerce space by teaming up with Sukhiba, a Kenyan conversational commerce platform, to enable WhatsApp-based sales. As WhatsApp emerges as a new sales frontier, this partnership will help South African merchants tap into seamless product purchasing and payment solutions. 💬💳

🌍 Flutterwave, Africa's largest fintech, is gearing up for its next phase of growth. With new executive hires and a refined product focus, CEO Olugbenga Agboola aims to establish the company as the Adyen of Africa. Could Flutterwave's expansion and IPO plans be just around the corner?

Scale, a South African startup, has secured $700,000 in pre-seed funding to expand its customizable card-issuing services across Africa. Partnering with Visa and Mastercard, the company is solving key pain points for fintechs in the region. 🚀💳

Africa's digital content landscape is transforming, thanks to a strategic partnership between Carry1st and Audiomack. By simplifying payments for gaming and music subscriptions, they are breaking barriers and reaching millions of underserved consumers. This collaboration taps into Africa's youthful digital appetite, unlocking new growth potential.

The global cross-border payment market is booming, yet many businesses are still underserved by traditional banks. 🌍💸 Conduit is stepping in to revolutionize the landscape, expanding from Latin America into Africa, and making it easier for businesses to connect to the global financial system. Here’s how they plan to transform international transactions.

Pesa is breaking barriers in the remittance industry, providing fast, affordable, and secure money transfers across continents. With a multi-currency wallet, Pesa is transforming how diaspora communities send money home. 🌍💸

Dopay, the Egyptian fintech revolutionizing payroll, has raised an additional $13.5 million in a Series A extension round. With these new funds, Dopay is set to accelerate its expansion in Egypt and beyond, launching innovative financial services to better serve unbanked workers. Discover how Dopay is transforming the financial landscape in emerging markets.

Nala, a Tanzanian fintech startup, just closed a $40 million Series A round to bolster its B2B payments platform and expand remittance services. This funding, led by Acrew Capital, marks one of Africa’s largest Series A deals, showcasing investor confidence in Nala’s vision. 🚀💸

Nala, the Tanzanian fintech startup, has secured $40 million in Series A funding led by Acrew Capital, marking a significant milestone in its mission to transform the African payments landscape. As Nala expands its B2B payments platform, Rafiki, it aims to tackle long-standing remittance challenges, ensuring seamless and cost-effective cross-border transactions. This funding surge positions Nala as a key player in Africa’s burgeoning fintech sector.

Nigerian fintech giants OPay and Moniepoint are leading a significant shift from international card schemes to local alternatives. With 17 million Verve cards issued, this move is reshaping the Nigerian payments industry, driven by changing consumer behavior and economic factors.

Flutterwave, a leading name in African fintech, has laid off 3% of its workforce to sharpen its focus on enterprise and remittance services. This move marks a significant shift as the company realigns its strategic priorities and gears up for a potential IPO. By concentrating on its core revenue drivers, Flutterwave aims to enhance its operational efficiency and pave the way for long-term success in the African market.

Kenya is preparing sweeping new changes to its Payment Systems Act in a major shake-up of its fintech market, as Nairobi aims to replicate the success story of M-Pesa.

Discover how TecHustle, a groundbreaking Ghanaian startup, is building Africa’s largest small business network for global trade. By offering innovative financial services and market access, TecHustle is leveling the playing field for millions of unbanked and underbanked small businesses across the continent. 🚀🌐

Zone has unveiled a game-changing point-of-sale payment gateway, "ZonePOS," promising instant settlements and blockchain-based fraud protection. 🌍💳 With this innovation, Zone is set to revolutionize digital payments across Africa, promoting financial inclusion and efficiency. 🚀

In a major shakeup, Nigerian business banking startup Brass has been acquired by a consortium led by Paystack. This acquisition follows months of financial uncertainty and leadership changes. Discover how this move aims to stabilize and enhance Brass’s services for African entrepreneurs.

Orca, a Cape Town-based startup, has raised $550,000 in a pre-seed round to tackle the surge in fraud across emerging markets. Co-founded by Thalia Pillay and Carla Wilby, Orca aims to provide tailored fraud prevention tools, particularly for African financial institutions struggling with cyber threats.

Flutterwave, a leading Nigerian fintech company, recently suffered a major security breach resulting in the loss of ₦11 billion ($7 million). This incident, which involved unauthorized transfers to multiple bank accounts, highlights the persistent challenges faced by financial institutions in combating cybercrime. Discover the details of this breach and its implications for the fintech industry.

Discover how Raenest, a two-year-old startup, is transforming the lives of nearly half a million freelancers and remote workers across Africa by revolutionizing the way they receive payments from abroad.

Learn about Lesaka Technologies' groundbreaking move to acquire Adumo, a leading payment platform in South Africa, in a deal worth $85 million. This acquisition expands Lesaka's payment footprint across southern Africa, signaling a significant shift in the region's fintech landscape.

Nigeria's fintech landscape sees a significant boost as OPay's valuation skyrockets, showcasing the country's growing digital payments adoption and the rise of innovative financial technology companies.

After a significant CEO departure, Cellulant, the African payments startup, reshuffles its leadership, focusing on profitability and operational excellence to navigate its growth across 13 African markets.

Get ready, Zimbabwe! Online payments are set to return as banks adapt to the country's latest currency shift. Find out how this change will impact your digital transactions! 💳

Explore how Senegal's Kori Tech is transforming payment systems in Africa with KoriPass, linking e-wallets with physical payment accessories to streamline transactions and enhance user experience.

Explore how Leatherback's collaboration with YES BANK is revolutionizing remittances by enabling seamless Indian Rupee transfers worldwide, fostering economic growth and cultural exchange between India and Africa.