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Tag: Fintech
Africa’s growing fintech sector transforms fin-services, but funding costs are obstacle — EIB report
The number of fintech companies in Africa have almost tripled this year compared with 2020 as financial conditions across the continent ease, though funding costs ... Read More
Mastercard ventures into African fintech, snapping up $5.2bn stake in continent’s no.1 telco
Mastercard has acquired a minority stake in the fintech subsidiary of South African telecommunications giant MTN in a deal valued at a whopping $5.2 billion, ... Read More
African govts seek robust crypto regulation, market stability
Home to the second most crypto-currency holders in the world, Africa is in urgent need for greater consumer protection and regulation of the crypto industry, ... Read More
Saudi central bank grants license to two new fintech firms
The Saudi Central Bank (SAMA) Tuesday issued operation permits to “Lean Technologies” and “Mod5r”, two companies which will provide Open Banking Solutions. The permits are ... Read More