From Lagos to Nairobi

African fintech startup Roam has announced a groundbreaking move to include everyday investors in its latest funding round, aiming to raise $20 million in a pre-Series B round. This initiative signals a shift in startup financing across the continent, making investment opportunities previously reserved for venture capitalists and high-net-worth individuals accessible to a broader audience….

Ride-hailing platform Bolt has released new insights indicating a steady rise in airport-bound trips across major Nigerian cities, despite increasing concerns about insecurity and travel-related risks. The data, drawn from millions of rides on the platform, highlights a shift in commuter behavior and suggests that air travel demand remains resilient even as safety challenges persist…

The global push toward more efficient, secure, and affordable cross-border payments is gaining momentum, driven by growing regulatory support and rapid technological innovation. As international trade, migration, and digital commerce continue to expand, regulators across multiple regions are implementing frameworks that enable fintech companies, banks, and payment infrastructure providers to deliver smoother, faster, and more…

A fast-rising Nigerian startup that once refined its business concept at Techpoint Africa’s Pitch Friday has emerged as the grand prize winner of ₦30 million at the 2024 Zenith Bank Tech Fair, marking a major milestone in its entrepreneurial journey. The victory not only highlights the startup’s rapid growth but also underscores the important role…

The UK Employment Tribunal has dismissed a gender discrimination lawsuit filed against digital banking platform Kuda and its Chief Executive Officer, bringing closure to a case that had drawn significant attention within the fintech and startup community. The claimant, a former employee, had alleged that she was unfairly treated and subjected to gender-based bias during…

African fintech company NALA has secured regulatory approval from the Bank of Ghana, marking a significant milestone as it strengthens its footprint in West Africa’s rapidly evolving remittance market. The approval paves the way for NALA to offer seamless and compliant money transfer services directly into Ghana, further supporting the company’s mission to simplify cross-border…