Stripe-Owned Nigerian Fintech, PayStack, Launches Holding Company, The Stack Group, as it Celebrates 10-Year Anniversary

Posted on by kara | 24245 Views | 15 min read
PAYS

Paystack, the payments company building technology for ambitious businesses across Africa, has announced the launch of The Stack Group (TSG), a new parent holding company that will bring together Paystack and a growing family of tech-focused brands under a single corporate umbrella. TSG has been established to aggregate and support a set of complementary businesses

Access Bank and Visa Roll Out Corporate Expense Card in Nigeria

Posted on by kara | 12579 Views | 15 min read
Acce

Access Bank, a leading full-service commercial bank, has announced a strategic partnership with Visa, the world leader in digital payments, to introduce a new Corporate Credit Card solution tailored specifically for medium to large enterprises in Nigeria. The new offering is designed to address long-standing challenges around working capital management, expense visibility, and operational efficiency

Xsolla Expands Local Payments in Nigeria Through Paga Integration

Posted on by kara | 12483 Views | 16 min read
Xsolla

Xsolla, a global video game commerce company that supports developers in launching, growing, and monetising their games, has announced the expansion of its payments solution in Nigeria through the addition of Paga, one of the country’s largest mobile-money operators. This integration marks a significant milestone in Xsolla’s ongoing mission to empower game developers with localised

PalmPay Executes Nigeria’s First Live Transaction on the National Payment Stack (NPS)

Posted on by kara | 9804 Views | 12 min read
Pal

PalmPay, Nigeria’s leading digital banking platform, has once again demonstrated its leadership in driving the nation’s payment revolution. In a landmark development for Nigeria’s digital economy, PalmPay, in collaboration with Wema Bank, completed the first live transaction on the Nigeria Inter-bank Settlement System (NIBSS) National Payment Stack (NPS), a next-generation infrastructure designed to redefine how

Moniepoint Announces US$200 Million Series C Round to Power Financial Inclusion

Posted on by kara | 9501 Views | 18 min read
Monie

Moniepoint Inc., Africa’s all-in-one financial platform for businesses and their customers, has announced the successful close of its Series C funding round, securing more than US$200 million in equity financing. The investment underscores Moniepoint’s rapid growth, sustained profitability, and meaningful impact, and will enable the Company to advance its mission of powering the financial dreams

Paga Group Expands Into the U.S. Market With Digital Banking for Africa’s Diaspora

Posted on by kara | 9251 Views | 16 min read
Paga

Paga Group, a UK-headquartered financial technology company and one of Africa’s fastest-growing fintech businesses, today announced its expansion into the United States market with the launch of digital banking services for Africa’s diaspora community. Created in partnership with a US-regulated bank, Paga’s new service provides Africans living in the US with unprecedented access to international

PalmPay Named One of the World’s Top 300 Fintech Companies of 2025 by CNBC & Statista

Posted on by kara | 18994 Views | 15 min read
Palm

PalmPay, a leading neobank and fintech platform focused on emerging markets, has been recognised in CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second consecutive year that PalmPay has earned a place among the world’s most innovative and impactful financial technology firms. The selection is based on a rigorous evaluation

Mastercard and enza Collaborate to Enable Fintech Innovation Across Africa

Posted on by kara | 15435 Views | 9 min read
Mastercard

Mastercard and enza, a payment solutions company, have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment Bank, the number

Ecobank Transnational Incorporated Appoints Group Chief Financial Officer Ayo Adepoju as Group Executive Director

Posted on by kara | 8803 Views | 12 min read
Ecobank

Ecobank Transnational Incorporated (ETI) (www.Ecobank.com), the parent company of the Ecobank Group, is pleased to announce the appointment of Ayo Adepoju, the current group chief financial officer (CFO), to the Board as Group Executive Director, effective June 4, 2025. Ayo brings two decades of broad-based leadership experience and deep institutional knowledge as a proud product

FLEX Rolls Out, Ushering A New Era Of Consumer Payments

Posted on by kara | 7028 Views | 11 min read
FLEX

FLEX, the newest entrant redefining digital payments in Africa, officially unveils its brand and platform built on one powerful premise: freedom to move money without friction. Unveiled during a private launch event yesterday, FLEX introduces a more straightforward way to send, receive, and spend money — instantly, with no fees, no long account numbers, and