Tag: Africa's fintech Industry

Jia Fintech, an Africa and Asia-focused fintech company raises $4.3 million seed fund

The Africa and Asia-focused fintech company provides loans of up to $5000 to small businesses. Jia Fintech has raised $4.3 million in seed...

Crypto state and regulations of Angola

Jose de Lima Massano, the governor of the National Bank of Angola(BNA), saw the vast potential of Africa's crypto industry. Around 2018, during...

Top three fintech hubs in Africa

Africa's financial inclusion has increased from 23% in 2011 to 43% by 2022. In 2022, 36% of startups in Nigeria are...

Impact of DeFi: Underneath the success lies potential risks

Defi applications represented the most significant segments in the continent's Digital Investment, with a total transaction value of $994.40 million. Kenya, Nigeria, South...

Flutterwave secures two digital currency licenses from Rwanda

On March 15th 2023, Flutterwve fintech announced it had received two new digital currency licenses from the National Bank of Rwanda. Fluttwave fintech...

Neobank, Be Mobile Africa, launches a crypto platform in South Africa

Neobank Be Mobile Africa chose SA as one of the first countries to launch its crypto trading platform. Be Mobile Africa is a...

Digital KYC system ability to revolutionize the African Fintech Industry

It is a standard implemented in investments, Fintech and blockchain startups that can verify a customer's identity and know their investment knowledge, pattern...

Chipper Cash forced to lay 12.5% of its staff

In 2021, Chipper Cash application had over 4 million active users across Kenya, Uganda, Rwanda, etc. Chipper Cash fired more than 12.5%...