From Social Engineering to Real-Time Risk: The New Fraud Playbook 2026 for Africa’s Digital Banking Era

Posted on by kara | 10895 Views | 33 min read
From

By Maxim Kuzin, Head of Fraud Monitoring Department, BPC From Africa’s digital payments story being one of the fastest-moving structural shifts in global finance — more accounts, more wallets, more rails, more real-time transfers, and more e-commerce — the same connectivity that compresses time-to-transaction also compresses time-to-fraud. Fraud is not merely “leakage”; it is a

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

Posted on by kara | 24236 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 | 12576 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 | 12480 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 | 9801 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

Wave Launches Ivorian Bank to Escape Mobile Money Squeeze

Posted on by kara | 11651 Views | 17 min read
Wave

Wave Mobile Money has taken a major strategic step in West Africa by incorporating a formal banking entity in Côte d’Ivoire, signalling an intentional evolution from its original mobile-money model toward balance-sheet-driven financial services. A legal notice confirms that WAVE BANK AFRICA S.A. was constituted on 4 August 2025 and officially registered on 22 August,

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

Posted on by kara | 9498 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 | 9248 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

Mukuru And MoneyGram Join Forces To Transform Cross Border Payments And Drive $1 Trillion Market

Posted on by kara | 14133 Views | 15 min read
Muk

Mukuru has entered into a strategic partnership with MoneyGram, linking two advanced fintech platforms to deliver faster, more affordable, and more inclusive remittance services across Africa, Asia, and beyond. By combining Mukuru’s technology-led Southern African infrastructure with MoneyGram’s global reach, the collaboration aims to strengthen cross-border payment ecosystems and provide customers with greater access and

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

Posted on by kara | 18990 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