From Lagos to Nairobi

In a significant collaboration aimed at shedding light on the evolving dynamics of Nigeria’s informal economy, TechCabal, a leading technology news platform, has partnered with Moniepoint, a prominent fintech company, to host a series of discussions exploring how technology is reshaping this vital sector. The informal economy, which comprises a large portion of Nigeria’s workforce…

In a strategic move to boost the real estate and construction sector in Nigeria, Build Africa has partnered with Oze, a leading fintech platform, to launch a groundbreaking ₦2 billion credit scheme targeted at property builders and developers across the country. This initiative is expected to ease access to finance for small- and medium-sized property…

Nigeria’s push toward open banking—a framework designed to enable secure data sharing between banks and third-party financial service providers—is still in development, with the Central Bank of Nigeria (CBN) reaffirming its commitment to implementing the initiative “soon.” Open banking is considered a critical component in deepening financial inclusion and fostering innovation in the fintech space….

Nigerian fintech powerhouse `Moniepoint has reported a $ 1.2 million in its first year of operations in the United Kingdom, underscoring the high cost of international expansion in a tightly regulated market. Despite the early financial setback, the company has doubled down on its European ambitions by acquiring Bancom Europe Limited, an FCA-regulated electronic money…

Flutterwave UK, the British arm of African fintech giant Flutterwave, has reported a loss of £2.27 million for the financial year ending 2024, despite recording year-on-year revenue growth. The figures, disclosed in its latest Companies House filing, highlight the ongoing challenges fintech companies face in balancing growth and profitability during expansion phases. While the UK…

ZinariPay, a fast-rising player in the African fintech space, has announced a major expansion of its services through the launch of a regulated marketplace infrastructure. This move marks a significant milestone in the company’s mission to create a more inclusive and compliant digital economy, empowering both merchants and consumers with seamless, secure, and scalable financial…