Tuesday, December 6, 2022

Fintech

Kuda expands into UK with remittance product offering

Nigerian Digital Bank Kuda is expanding into the UK with a remittance product targeting Nigerians in the diaspora. Although Cuda is based in London, the startup is based in Nigeria. Since its launch in 2019, Kuda has...

Blnk, an Egyptian Fintech Startup Secures $32 Million Funding

Egyptian fintech platform Blnk, a startup that provides instant consumer credit to Egyptians, has raised $32 million in one of the largest funding rounds for an Egyptian startup this year. The $32 million that Blnk received came...

Payhippo Acquires Marine Microfinance Bank

Nigerian startup Payhippo, in a move to expand its product offerings, has acquired Maritime Microfinance Bank (MFB), in a deal subject to approval by the Central Bank of Nigeria (CBN).Payhippo, the AI-powered digital lender, said in a statement...

Moneyhash in Egypt plans to expand into sub-Saharan Africa

US-based Egyptian fintech company Moneyhash recently expanded its operations into sub-Saharan Africa, in a bid to open up the continent for its payment system.In a conversation with Techcabal, MoneyHash CEO Abdel Razek said that the company wants to...

NALA integrates Apple Payments from the UK and US

Tazanian fintech startup NALA has integrated its global payment service, Apple Pay, into its payment solutions.The fintech company has over the years proven its dominance in East Africa and has now taken it to a higher level by...

Flutterwave finally integrates Google Pay into its payment options

Flutterwave, a Nigerian fintech startup, has integrated Google Pay into its payment options more than 7 months after its announcement.TechBooky recalls that in February of this year, two days after the global merchant and service provider raised a...

How Nigeria’s MFB, Kuda Suffered a 6 Billion Yen Loss in 2021

Recently, news broke that the new digital-only bank, Kuda Microfinance Bank, has been in losses over the past two years.According to Kuda's financial report, the company operating under the Nigerian Microfinance Bank license, at the end of fiscal...

CBN Grants Super Agent Banking License to Fintech Startup, Kippa

Nigerian fintech startup Kippa has announced that it has been granted a super-agent banking license by the Central Bank of Nigeria (CBN), giving the company leverage to further its ambition to make it easier for anyone to start...

Nigeria’s NowNow Digital Systems Closes Its $13 Million Seed Round

Nigeria's NowNow Digital Systems Closes Its $13 Million Seed Round: Fintech startup NowNow Digital Systems, in a bid to expand its service offerings across Africa, has closed an initial $13 million round. NeoVision Ventures participated in the round with several...
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