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Digital Banking

Neobanks, mobile money, embedded finance, and the transformation of Africa's financial services sector.

Central Bank of Kenya approves 25 new digital lenders as mobile loans reach KSh150.56 billion
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Central Bank of Kenya approves 25 new digital lenders as mobile loans reach KSh150.56 billion

Kenya’s digital lending sector has expanded after the Central Bank licensed 25 new Digital Credit Providers, bringing the total to 252 as regulated loan apps disbursed 8.37 million loans worth KSh150.56 billion.

TechMedia AfricaJul 15, 20262 min read
4 articles
CBN gives banks, fintechs six months to localise payment data

CBN gives banks, fintechs six months to localise payment data

As Nigeria’s digital payments ecosystem processes hundreds of trillions of naira annually, regulators are moving to ensure the data generated by those transactions stays within the country’s borders.

TechMedia Africa2 min
Jim Ovia says real estate is more profitable than banking  

Jim Ovia says real estate is more profitable than banking  

As Nigeria’s property sector grows into the country’s third-largest economic contributor, Jim Ovia says real estate has become more profitable than banking.

TechMedia Africa3 min
Retail gaint Pepkor plans bank launch in 2027 as it targets 1.8 million customers

Retail giant Pepkor plans bank launch in 2027 as it targets 1.8 million customers

Pepkor, the largest retail operator in Southern Africa by store numbers, plans to expand into the banking sector by April 2027, leveraging its nationwide retail footprint to attract 1.8 million primary banking customers within five years.

Chinaturum Iheoma3 min
GTCO, Zenith, UBA, First Bank process over ₦286 trillion in 2025

GTCO, Zenith, UBA, First Bank process over ₦286 trillion in 2025

In 2025 fiscal year, four banks processed a combined ₦286.19 trillion in digital transactions: GTCO processed ₦72.4 trillion in the year under review UBA grew its mobile banking transactions ₦51.65 trillion. Zenith Bank recorded ₦104.14 trillion in mobile transactions. First Bank processed ₦58 trillion in the first nine months of 2025 alone

Chinaturum IheomaMay 6, 2026