TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Kenya’s top fintech faces challenges but strengthens its defenses

    Kenya’s leading fintech, long celebrated for transforming mobile payments, lending, and financial inclusion, is now facing a multifaceted challenge that is testing its resilience and strategic agility. As competition intensifies and regulatory scrutiny tightens, the company is mobilizing resources to defend its market dominance while evolving its business model to stay ahead. The fintech, which…

  • Finceptive redeems ₦3bn commercial paper, showcasing operational strength

    In a period marked by tightening capital conditions, Finceptive has successfully redeemed ₦3 billion worth of commercial paper, reinforcing confidence in the company’s operational resilience and financial discipline. The move underscores the fintech’s ability to navigate challenging liquidity environments while maintaining investor trust. Commercial paper, a short-term debt instrument, is a key tool for companies…

  • Payd partners with Noah to streamline stablecoin payments for African freelancers

    Payd has partnered with fintech infrastructure provider Noah to roll out stablecoin-powered payment solutions tailored for African freelancers, marking a significant step toward faster and more reliable cross-border payouts on the continent. For years, African freelancers—ranging from software developers and designers to writers and virtual assistants—have faced persistent challenges receiving payments from global clients. Delayed…

  • Africa Payments & RegTech Forum 2026: Shaping the future of digital finance

    The Africa Payments & RegTech Forum 2026 is poised to bring together regulators, fintech founders, banks, policymakers, and investors to shape the next phase of the continent’s digital finance evolution. As payments innovation accelerates and compliance demands grow more complex, the forum aims to bridge the gap between innovation and regulation in a rapidly transforming…

  • Jumia tightens operations in renewed push for profitability

    Jumia, often described as Africa’s e-commerce pioneer, is undergoing a deliberate reset as it narrows operations and refines its strategy in pursuit of long-awaited profitability. After years of rapid expansion, heavy marketing spend, and investor-fueled growth, the company is now prioritising efficiency over scale in a tougher funding and consumer environment. The shift comes amid…

  • PayPal–Paga deal: Power move or market takeover in Nigeria’s fintech space?

    Speculation around a potential partnership or acquisition between global payments giant PayPal and Nigerian fintech leader Paga has ignited debate across Africa’s financial technology ecosystem. At the heart of the conversation is a pressing question: could such a deal create a dominant force—perhaps even a monopoly—in Nigeria’s fast-growing fintech market? Nigeria is Africa’s largest fintech…