Paystack partners NIBSS to launch Direct Debit in Nigeria
Nigerian fintech company, Paystack is launching a Direct Debit product in partnership with the Nigeria Inter-Bank Settlement System.
Fintech
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Sub-Saharan Africa's top 10 remittance recipients in 2022
According to the World Bank, Nigeria accounted for the highest remittance flow into Sub-Saharan Africa in 2022.
CBN launches portal for microfinance bank licence applications
The Central Bank of Nigeria (CBN) on Wednesday announced that it has unveiled a digital platform for the submission of Microfinance Bank (MFB) licence applications.
LatAm fintech, Ebanx expands into eight African countries
EBANX has expanded into eight African countries: Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. The LatAm fintech unicorn is now present in eleven African markets.
LemFi raises $33 million Series A for global expansion
Global payments company, LemFi (formerly Lemonade Finance) has secured a $33 million Series A in a round led by Left Lane Capital.
Inside Nigeria and Egypt's fintech alliance to deepen cross-border regulations
The regulators of Africa's leading fintech markets, Egypt and Nigeria have signed a deal to deepen cross border regulations in both countries.
UK fintech Unlimit makes its second African expansion, acquires Kenyan PSP licence
Two months after launching operations in Nigeria, UK fintech Unlimit has acquired a PSP licence in Kenya.