Browsing: Africa
Nigerian fintech Zone raises $8.5M seed round to scale its decentralized payments infrastructure
African financial institutions typically scale their solutions using a combination of local and foreign technology. Appzone is one of the unique local fintech software providers for…
VerifyA Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups has secured a $2.5 million investment from Elm, which specializes in…
Nigeria is actively seeking information from Binance about its top 100 users in the country and all trading history covering the past six months, according to…
Saudi Arabia is poised to become one of the world’s biggest manufacturing hubs, thanks to its trillion-dollar infrastructure and real estate projects ongoing in the country.…
Binance will discontinue naira (NGN) services in response to increased regulatory scrutiny in Nigeria, it said in suspension today. The cryptocurrency exchange will begin deleting any…
Deel is on an acquisition spree. On Tuesday, the HR startup announced that it is acquiring the African HR software and services company PaySpace in a…
The payments landscape in the Middle East and Africa (MEA) region is characterized by significant fragmentation, with multiple providers and payment methods in each country, evolving…
Bfree, a Nigerian startup that enables lenders to recover debt ethically, receives $3 million in backing
Bfreea tech-enabled debt collection startup based in Nigeria, founded to automate and introduce ethical debt recovery processes after its founders saw the use and negative effects…
Some cryptocurrency exchanges in Nigeria have faced accessibility issues for users, prompting speculation of restrictions being imposed on crypto sites, Financial Times mentionted. On Wednesday, the…
Nigerian digital bank FairMoney is in talks to buy Umba in a deal worth a total of $20m, sources say
FairMoneya Lagos-based, Paris-based digital bank, is in acquisition talks Oopsa credit digital bank that provides payroll and financial services to customers in Nigeria and Kenya, in…