All News and Announcements
Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance
The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses.
Koree, a Cameroonian Fintech Emerges as Winner of the 2023 Ecobank Fintech Challenge
Koree from Cameroon is the competition’s first ever female-led fintech winner having beaten eight other finalists to claim the top prize of $50,000.
Exness Expands Its Fintech Scholarships Program to Kenya
Multi-asset broker Exness announces extending its Fintech Scholarships program to Kenya in partnership with the United States International University aiming to support outstanding university students.
SC Ventures to Collaborate With Yabx on Financial Inclusion in Africa
The partnership is leveraging digitization in the financial sector accelerated by the pandemic to create unique, Africa-specific products that will increase access of credit to the underbanked across the continent.
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
The $3 million seed extension round was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round.
Moove, Suzuki, MUFG Team to Promote Financial Inclusion for Gig Workers
According to the release, the partnership was inked at the eighth Tokyo International Conference on African Development, and is among the first to involve an African fintech company.
Ghana’s Fido Raises $30M Series A to Broaden Financial Inclusion in Africa
The fintech has now raised $38 million to date and intends to use the fresh capital to launch new financial products in Ghana, expand its customer base throughout the continent.
Catalyst Fund to Incubate Six "Inclusive" Fintechs Serving Africa, Latin America
Catalyst will provide each firm with an investment as large as GBP 80,000 ($105,000) and arrange non-financial support from the staff of BFA and various partner investment and consulting firms.
Fintech Pledges to Deepen Financial Inclusion in Nigeria
The new products and services offered by the digital banking platform NowNow will further enhance its already existing services, consumer banking, agency banking and merchant payment solutions.
Huawei Cooperates With Kenya Bankers Association To Expand Financial Inclusion
The Kenya Bankers Association will work with Huawei to spearhead industry-wide education in fintech innovation, digital transformation, and other ICT-related programs.