From Lagos to Nairobi

Guaranty Trust Bank (GTBank) is nearing the final stages of its long-anticipated core banking system migration, with the project reportedly 85% complete after a year of rigorous development and testing. The transition, which aims to modernize the bank’s digital infrastructure, marks one of the most significant technology upgrades in its history. The migration is part…

The global fintech industry continues to demonstrate remarkable resilience and adaptability, evolving from a disruptive force into a cornerstone of modern finance. In recent years, fintech has not only weathered economic uncertainty but has also accelerated innovation, reshaping how individuals and businesses access and manage money. This growth story reflects a broader transformation—driven by technology,…

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…