From Lagos to Nairobi

MTN Nigeria’s fintech arm has reported an impressive ₦131.62 billion in revenue so far this year, marking a significant milestone in the company’s digital financial services journey. The growth, primarily fueled by airtime lending, underscores MTN’s expanding role as a major player in Nigeria’s rapidly evolving fintech ecosystem. According to MTN’s financial results for the…

Morocco-based B2B e-commerce startup Chari has raised $12 million in its latest funding round to advance its ambitious vision of merging commerce and financial services into a single merchant super app for small retailers across Africa. The new investment round, backed by regional and international venture capital firms, underscores growing investor confidence in Chari’s innovative…

Angolan mobility startup Anda has raised $3.4 million in seed funding from a group of European venture capital firms to address Africa’s growing two-wheeler financing gap. The funding round, led by investors focused on emerging markets and sustainable mobility, will enable Anda to expand its operations, scale its asset-financing platform, and empower thousands of motorcycle…

Leading fintech company Mukuru has partnered with financial technology platform JUMO to introduce a responsible AI-powered credit solution in South Africa, aiming to expand access to affordable financial services for underserved communities. The collaboration marks a significant step toward leveraging artificial intelligence to promote financial inclusion and responsible lending across the country. The new credit…

Africa’s foremost fintech company, Flutterwave, has announced plans to introduce stablecoin payments on the Polygon blockchain, marking a groundbreaking step in the continent’s digital payments evolution. This initiative aims to provide faster, cheaper, and more reliable cross-border transactions, addressing long-standing challenges in Africa’s financial ecosystem. Stablecoins—digital currencies pegged to stable assets such as the US…

Nigeria’s fast-rising food delivery startup, Chowdeck, has achieved a remarkable milestone—1 million monthly orders, cementing its position as one of the country’s leading players in the on-demand delivery space. The achievement marks a new phase of growth for the company, which has rapidly expanded its footprint and customer base since launching just a few years…