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FinTech
African FinTech unicorn Flutterwave secures Ripple’s backing to accelerate stablecoin-powered cross-border payments
June 17, 2026
The partnership will embed Ripple's USD-denominated stablecoin, RLUSD, directly into Flutterwave's payment infrastructure.
Launch Africa Ventures returns $2.5 million to LPs as Seed Fund I turns DPI-positive after 11 exits
June 16, 2026
The payout is the fund's first cash distribution to LPs and comes on the back of 11 completed exits from…
Egyptian FinTech Blnk secures $37.1 million in equity and debt to scale AI-powered consumer credit
June 8, 2026
The equity round was led by Algebra Ventures, with participation from SANAD Fund for MSME, Endeavor Catalyst, and Emirates International…
South African FinTech Yoco acquires Dyner.ai to bring AI-powered operational tools to independent businesses
June 1, 2026
The transaction marks a significant step in the payments company's evolution into a broader commerce platform.
Belmoney and DigiPay launch DigiTransfer to power France-Belgium remittances to Congo and the DRC
May 28, 2026
The app, available on both Android and iOS, allows users to send funds directly from their smartphones into mobile money…
Egypt’s MoneyHash taps Ozow veteran Hwan Lee to spearhead Africa growth strategy amid rising demand for payment infrastructure
May 27, 2026
Lee brings over eight years of FinTech experience to the role, most recently as Head of Partnerships at Ozow, one…
Nigeria’s OPay adds Google-backed Innovation Challenge to its $874k scholarship programme
May 26, 2026
Now rebranded as OPay Scholars for its 2026 edition, the programme is also adding an Innovation Challenge developed in partnership…
Baobab.Zone Co
May 26, 2026
Baobab is an Africa-first economic infrastructure platform that starts as a mobile-first classifieds application and evolves into payments, financial services,…
Nigerian-founded LemFi secures investment from Tether to power stablecoin remittances across Africa and Asia
May 19, 2026
Tether, issuer of USD₮, the world's most widely used stablecoin, announced the investment without disclosing the financial terms.
Digital Africa launches DA Seed Fund to bridge Africa’s Seed-stage financing gap across 20 countries
May 14, 2026
Announced at the Africa Forward Summit in Nairobi on 12 May 2026, the fund will target around 30 startups across…
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