fintech

Sep
08
Africa's largest fintech app hits 50M active users; 500K businesses transact more than $7B every month

Africa's largest fintech app hits 50M active users; 500K businesses transact more than $7B every month

Welcome to The Draft, a Techloy weekly series that highlights the most interesting business and financial stories in the technology
7 min read
Aug
02
UK-based fintech startup Sendit wants to fix remittance inequality across the world

UK-based fintech startup Sendit wants to fix remittance inequality across the world

For years, people living in developed countries have enjoyed low money transfer fees when sending funds to their families and friends in developing countries.
1 min read
Jul
27
South African fintech startup, Pineapple raises $3.4 million

South African fintech startup, Pineapple raises $3.4 million

South African fintech startup, Pineapple has raised R80 million ($3.4 million) in Series A funding to expand further into
Jul
27
South Africa's Yoco raises $83 million

South Africa's Yoco raises $83 million

South Africa's Yoco says it has raised a Series C funding round of $83 million (R1.23 billion) to accelerate
Jul
13
Somalia gets Visa access to unlock financial services

Somalia gets Visa access to unlock financial services

The International Bank of Somalia has launched the first-ever Visa card service in the country to offer Somalis quick and
Jul
13
Payment company, Flutterwave appoints Regulatory lead

Payment company, Flutterwave appoints Regulatory lead

Africa-focused payments company, Flutterwave has appointed former MTN, Visa, and IHS Tower regulatory affairs specialist, Bankole Falade, as its new
Jul
07
Nigerian fintech, Lidya secures $8.3 million in a pre-Series B round

Nigerian fintech, Lidya secures $8.3 million in a pre-Series B round

Nigerian lending startup, Lidya says it has secured $8.3 million in a pre-Series B funding round led by Alitheia Capital via its uMunthu Fund, bringing its total funds raised to $16.5 million to date.
1 min read
Jun
30
The Draft: Zipline raises $250 million to expand its medical supplies delivery across Africa

The Draft: Zipline raises $250 million to expand its medical supplies delivery across Africa

Keep up with the business and financial stories that matter in the technology industry across emerging markets globally on The Draft, curated by Techloy Editor: Loy Okezie
3 min read
Jun
29
Nigerian fintech startup, Carbon inks five-year Visa deal

Nigerian fintech startup, Carbon inks five-year Visa deal

Pan-African fintech company, Carbon says it has signed a strategic five-year deal with Visa to offer both digital and physical issuance of Visa cards to its customers.
1 min read
Jun
29
Nigeria's Cowrywise gets a fintech license; plans to onboard 10 million retail investors by 2025

Nigeria's Cowrywise gets a fintech license; plans to onboard 10 million retail investors by 2025

Nigeria-based fintech company Cowrywise has been issued a licence as a fund and portfolio manager by the Securities and Exchange Commission (SEC).
1 min read