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Since launching in 2025, Clea has processed nearly $30 million in cross-border transactions, using stablecoins to help businesses move money faster.
Benjamin Dada
Moove, the Lagos-born mobility fintech, has raised $250 million in a Series C round, valuing the company at $2.1 billion. This confirms Moove's long-anticipated unicorn status.
PalmPay, the Africa-focused fintech, is reportedly preparing for an initial public offering in Hong Kong, according to Bloomberg.
Yellow Card secures $40M from SC Ventures, Sony, Polychain, and Blockchain Capital to expand stablecoin and cross-border payment infrastructure.
Busha launches Signal, a licensed prediction market for sports, crypto, and politics.
The fintech now processes 600,000 transactions daily just three years after launching.
Nigeria has issued new tax rules for crypto and virtual assets, clarifying how gains, salaries, staking rewards, exchanges, and VAT are taxed.
Kulipa's CEO has denied the stablecoin card startup is insolvent, saying its abrupt shutdown is tied to a broader corporate restructuring.
Fifteen people building a borderless Africa from inside the machine.
Flutterwave is exploring bank acquisitions across Africa as it expands beyond payments, betting on lending and banking to drive its next phase of growth.
Discover simple, legit ways Nigerians can earn money online in 2026.
MTN MoMo wallets grew to 5 million ahead of a planned fintech spinoff.
Anne Kinuthia-Otieno has been appointed by Visa as vice president and head of East Africa following her departure from Airtel Money Kenya.
Luno says just 5% of roles in Nigeria, Kenya and Uganda were affected by its global layoffs as it restructures.
African startups rely too heavily on venture capital. To build stronger businesses, the continent needs a wider range of financing options beyond VC.
GoLemon has shut down two years after launch, citing fundraising difficulties.
The bank joins I&M, Equity, KCB, and Co-op in reporting over 90% digital transactions
South Africa's Rentoza enters into a voluntary business rescue after about 12 months of struggle despite over $7 million in funding
