Moniepoint Named One of Africa’s Fastest Growing Companies by the Financial Times for Third Year Running

Moniepoint

Moniepoint Inc. announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent’s leading financial institutions for Africans, everywhere. The recognition highlights Moniepoint’s continued ability to achieve strong, scalable growth. Moniepoint distinguishes itself by maintaining operational efficiency

BPC releases a practical guide to help banks with ISO 20022 migration challenges

BPC

BPC, a global leader in payment solutions, today launched its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards. With the deadline for mandatory global

PalmPay Launches New Debit Card in Nigeria with Verve

PalmPay

PalmPay, a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. Launching its debit card represents a key milestone in PalmPay’s evolution – from a mobile wallet known for its fee-free transfers and cashback rewards into a

Velmie Powers Sierra Leone’s First Digital Banking Super App

Velmie

Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial super app. The launch marks a significant milestone in Velmie‘s strategic mission to accelerate digital transformation for African financial institutions. Deployed in partnership with Metro Cable, the country’s foremost fibre broadband provider, Vult is already

MFS Africa Raises $100M in Extended Series C

MFS

MFS Africa, a Digital payments network, raised $100 million in equity and debt funding led by Admaius Capital Partners in an extended Series C, bringing the round’s total to $200 million. Additional investors included new backers Vitruvian Partners and AXA IM Alts, along with existing investors AfricInvest FIVE and CommerzVentures. Dare Okoudjou, founder and CEO

Djamo Secures $17M to Expand Mobile Banking in Francophone Africa

Djamo

Djamo, a financial services app based in Ivory Coast, has raised US$17 million in an equity funding round to expand its banking services for consumers and SMEs in Francophone Africa. Regis Bamba and Hassan Bourgi launched Djamo in 2021. It is designed to provide mobile-first, affordable banking solutions for consumers and small businesses in the

Peach Payments Acquires West-African Payments Gateway PayDunya

Peach Payments

Peach Payments, a digital payments gateway,  has agreed to acquire West-African payment platform PayDunya. In the process, it will enter mainland Francophone Africa for the first time, following its expansion to Eswatini (2024), Mauritius (2021), and Kenya (2018). Peach Payments is an enterprise-grade payments gateway that enables online payments in Africa for businesses of all

Visa Backs Konnect and PayTic After Africa Fintech Accelerator

Visa

Visa, a global leader in digital payments, has announced strategic investments and commercial partnerships with two fintechs following their 12-week engagement through the Visa Africa Fintech Accelerator program, which enables start-ups to scale through training, mentorship, and networking opportunities. Visa’s investments include Konnect, a fintech based in Tunisia which enables seamless, accessible, and instant payments

Flutterwave Launches Pay With Bank Transfer in Ghana for Secure Business Payments

Flutterwave

Flutterwave, a Nigeria-based payments technology company, has expanded its presence in Ghana by integrating the Pay With Bank Transfer option in collaboration with Affinity Bank. Ghana recorded over 115 million bank transfer payments in 2023. While Mobile Money remains the dominant payment method for daily transactions, the increasing adoption of bank transfers highlights the growing

Ecobank named Africa’s Best Bank for Trade Finance in Global Finance Awards

Ecobank

Ecobank Group, the leading private pan-African financial services group with unrivalled African expertise, is proud to have been named the Best Trade Finance Provider Bank in Africa at the Global Finance Trade Finance & Supply Chain Finance Awards 2025. Additionally, our affiliates in Burkina Faso, Côte d’Ivoire, and Rwanda have been recognised as the Best