Tag: Fintech

Africa’s growing fintech sector transforms fin-services, but funding costs are obstacle — EIB report

November 12, 2024

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

August 15, 2023

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

March 27, 2023

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

August 24, 2022

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