From Lagos to Nairobi

Horizon3.ai has reached a major milestone after securing a $250 million Series E funding round, pushing the cybersecurity company’s valuation to $2 billion. The investment comes as organizations worldwide face growing security challenges driven by the rapid adoption of artificial intelligence and the increasing sophistication of cyber threats. The latest funding round highlights the rising…

Zedcrest has strengthened its position in the global financial services landscape with the acquisition of Leatherback, a fintech company known for its cross-border payment and multi-currency solutions. The takeover marks a strategic milestone in Zedcrest’s expansion plans, reinforcing its ambition to build a more comprehensive global payments ecosystem that serves individuals, businesses, and international traders.…

Nedbank has appointed a senior MTN executive to spearhead its technology transformation, reinforcing the South African lender’s commitment to accelerating digital innovation and strengthening its position in an increasingly competitive financial services market. The move reflects a growing trend of financial institutions recruiting technology leaders from the telecommunications sector to drive digital modernization. The appointment…

MTN Nigeria has reported a decline in its fintech revenue following the suspension of its airtime lending service, highlighting the significant role digital lending products play in the company’s financial services business. The development comes at a time when telecom operators are increasingly relying on fintech offerings to diversify revenue streams beyond traditional voice and…

OPay has unveiled its new brand story, “OPay Is Okay,” a campaign designed to reinforce the company’s commitment to making digital financial services simple, reliable, and accessible for millions of users. More than a marketing slogan, the initiative reflects OPay’s vision of creating a financial ecosystem where individuals and businesses can manage their money with…

Busha has taken another significant step in its innovation journey with the launch of Signal by Busha, a licensed prediction market designed to give users a new way to engage with real-world events through informed forecasting. The introduction of Signal reflects Busha’s continued commitment to expanding beyond traditional digital asset services and creating products that…