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FinTech

From mobile money to neobanks and embedded finance, Africa's fintech sector is rewriting the rules of money. We track every raise, product launch, and regulatory shift.

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8 articles
Zedcrest Group acquires UK payment startup Leatherback for undisclosed sum
Featured

Zedcrest Group acquires UK payment startup Leatherback for undisclosed sum

Leatherback will continue operating independently under Zedcrest after the acquisition, which formalises a relationship that began with a 2021 investment.

Chinaturum IheomaJul 27, 20262 min read
Flutterwave raises undisclosed sum from Circle Ventures to expand USDC payments 
FinTech

Flutterwave raises undisclosed sum from Circle Ventures to expand USDC payments 

Stablecoin transaction volume reached a record $1.79 trillion in June, highlighting the growing demand for faster cross-border payments. Flutterwave is betting that momentum will continue, securing an investment from Circle Ventures to expand USDC payments across Africa.

Chinaturum IheomaJul 7, 2026 · 4m
CBN gives banks, fintechs six months to localise payment data
FinTech

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 AfricaJun 15, 2026 · 2m
After six years, Brass folds into Paystack Microfinance Bank ecosystem
FinTech

After six years, Brass folds into Paystack Microfinance Bank ecosystem

Nigerian fintech Brass ends standalone operations as it moves customers into Paystack Microfinance Bank ecosystem.

TechMedia AfricaJun 2, 2026 · 2m
Flutterwave denies reports of $75m Nigerian government investment ahead of IPO
FinTech

Flutterwave denies reports of $75m Nigerian government investment ahead of IPO

Flutterwave, one of Africa’s unicorns valued at over $3 billion, has denied reports that the Nigerian government approved a $75 million investment in the company as part of a planned initial public offering (IPO). The claim was made on Monday, April 20, by Dada Olusegun, Special Assistant to President Bola Tinubu, in a now-deleted post […]

Chinaturum IheomaApr 20, 2026
MTN Completes Separation of Ghana Mobile Money Business into Fintech Unit
FinTech

MTN Completes Separation of Ghana Mobile Money Business into Fintech Unit

MTN Ghana has completed the separation of its mobile money operations into a standalone fintech firm, as the telecom giant seeks to accelerate growth in Africa’s $1.4 trillion mobile payments market.

Chinaturum IheomaApr 3, 2026 · 6m
Ghana transforms ID card into payment tool for everyday transactions
FinTech

Ghana Transforms National ID Card into Payment Tool for Everyday Transactions

Ghana’s National Identification Authority (NIA) has launched a digital wallet feature on the Ghana Card, expanding the national ID into a payments tool aimed at widening access to financial services. “What this mean is that you can put moneny on your Ghana card and use it for any transaction, whether is paying for goods or […]

Chinaturum IheomaApr 2, 2026
Afreximbank Backs 8 Startups with Up to $250,000 Each to Build Africa’s Digital Trade Rails
FinTech

Afreximbank Backs 8 Startups with Up to $250,000 Each to Build Africa’s Digital Trade Rails

Afreximbank has launched its first-ever Accelerator Programme, selecting eight startups from over 1,600 applicants and offering each up to $250,000 in funding to scale solutions enabling intra-African trade. “Today, we move from promise to execution… You are building the digital rails that will define how Africa trades in the 21st century,” said Haytham Elmaayergi, Executive […]

Chinaturum IheomaMar 26, 2026
Olajumoke Adenowo Resigns from Flutterwave Board After Two Year
FinTech

Olajumoke Adenowo Resigns from Flutterwave Board After Two Years

Olajumoke Adenowo has stepped down from the board of Flutterwave after more than two years, marking a notable leadership shift at one of Africa’s most prominent fintech companies.   “It has been a privilege to contribute to the company’s growth and expansion during this time,” Adenowo said in a statement announcing her resignation, adding that […]

Chinaturum IheomaMar 19, 2026