From Lagos to Nairobi

Akeem Lawal, Managing Director of Interswitch Purepay, has emphasized the critical importance of scalable digital infrastructure in unlocking Africa’s next wave of technological advancement. Speaking at a recent fintech forum, Lawal highlighted how the continent’s digital economy is growing rapidly, but warned that without robust and adaptable infrastructure, that growth could stall. According to Lawal,…

Fintech infrastructure company Kuunda has successfully raised $7.5 million in funding to support its strategic expansion into the Middle East and North Africa (MENA) region. The funding round, which includes a mix of equity and debt, was led by several prominent investors focused on financial inclusion and technology-driven growth in emerging markets. Founded with a…

In a significant collaboration aimed at shedding light on the evolving dynamics of Nigeria’s informal economy, TechCabal, a leading technology news platform, has partnered with Moniepoint, a prominent fintech company, to host a series of discussions exploring how technology is reshaping this vital sector. The informal economy, which comprises a large portion of Nigeria’s workforce…

In a strategic move to boost the real estate and construction sector in Nigeria, Build Africa has partnered with Oze, a leading fintech platform, to launch a groundbreaking ₦2 billion credit scheme targeted at property builders and developers across the country. This initiative is expected to ease access to finance for small- and medium-sized property…

Nigeria’s push toward open banking—a framework designed to enable secure data sharing between banks and third-party financial service providers—is still in development, with the Central Bank of Nigeria (CBN) reaffirming its commitment to implementing the initiative “soon.” Open banking is considered a critical component in deepening financial inclusion and fostering innovation in the fintech space….

Nigerian fintech powerhouse `Moniepoint has reported a $ 1.2 million in its first year of operations in the United Kingdom, underscoring the high cost of international expansion in a tightly regulated market. Despite the early financial setback, the company has doubled down on its European ambitions by acquiring Bancom Europe Limited, an FCA-regulated electronic money…