Ezeebit secures $2m to scale stablecoin in Africa

The digital payment system aims to connect the country's financial ecosystem and accelerate the transition to a cashless economy.

The all-in-one inventory and POS solution is aimed at the SME market and the firm hopes that it will provide SME customers with the power to make data-driven decisions.

The Central Bank's recent overhaul of its monetary corridor has caused fixed-income returns to plummet, pushing millions of digitally savvy Nigerians to seek tech-accelerated savings and investment options.

According to Alwyn Pretorius of Infinitus Reporting Solutions, while AI may impact the future of financial reporting, strong fundamentals will determine who will be ready when the time comes.

A new RMB report positions Namibia as the continent’s frontrunner in seamless, real-time digital transactions after becoming the only African nation to integrate India’s UPI at the government level.

The contest attracted hundreds of applications from eight of Absa priority markets namely Ghana, Kenya, Uganda, Zambia, Botswana, Mozambique, Seychelles, and Mauritius.

According to the government, more than 84% of adults now use formal financial services, primarily banking, mobile money, and digital finance solutions.

A tripartite collaboration is launching a service to empower MTN MoMo agents with instant access to short-term finance.

Africa’s digital commerce landscape continues to mature, but its cross-border payout infrastructure still lags behind the speed of domestic innovation, according to Apollo Eric, Founder and CEO of Bitlipa.

The fintech said the license supports its efforts to establish a compliant, secure, and trustworthy platform for its users.

Backed by a globally seasoned board and deep African expertise, the group aims to double its SME customer base and ignite the continent’s next fintech revolution.