DFS Lab launches fund to back fintech teams across Africa

The fund will initially investment up to $100 000 in African fintechs with subsequent investments possible as teams grow.
Staff Writer

Amazon opens applications for inaugural fintech Africa accelerator

AWS fintech Africa accelerator is aimed at supporting pre-seed and seed stage fintech startups developing their projects in Africa.

Morgan Stanley’s tech accelerator opens 2023 applications

The company’s cash contribution is $250 000 to each company participating in the New York-based programme and £250,000 to each company participating in the London-based program.

Rwanda grants fintech Flutterwave two additional licences

Flutterwave can now offer deposit and withdrawal services, electronic funds transfer, as well as inbound and outbound remittance services to the 13.46 million people in Rwanda.

Flat6Labs launches new $95m fund to support African tech start-ups

Flat6Labs will invest in 160 companies that are in pre-seed up to pre-series A stage, with tickets ranging from US$150 000-US$500 000.
13 Mar

Zambia Mobile Money balloon as fintech adoption increase

Extensive adoption of digital financial services in Zambia presents important opportunities in the country, says the regulator.
10 Mar

Payment firm Network International bets on bullish Africa for growth.

The company is bullish about the growth potential in Africa and will soon deploy its ‘best-of-breed technology platform’ in a number of countries.

Fintech Cross Switch granted approval to operate in Ghana

The fintech will use its payment technology infrastructure to digitise merchant payments, collections and disbursements for ecommerce, and remittances.

Fintech Flutterwave brushes off $6m hack claim in Nigeria

Flutterwave identified an unusual trend of transactions on some users’ profiles, but denies a security breach took place and says no funds were lost.
3 Mar

Fintech cheers up MTN Rwanda as economy goes cashless

MTN’s fintech performance was driven by customer value management and the development of a cashless economy.

Fintech Paymenow heads to Zambia with wage access platform

Fintech Paymenow is entering the Zambian market through Izwe partnership to roll out earned wage access platform.
Jun 15, 2021

i2c Becomes First Company to be a Visa Fintech Fast Track Member in Four Regions

Extension of program membership to Asia-Pacific follows USA, Canada, and Middle East-North Africa.