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Ericsson teams up with FIS to accelerate wallet-led financial services
TechMedia AfricaSep 5, 20262 min read
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.
12 articles
FinTech
South Africa’s Nedbank acquires 66% of NCBA Group after CBK approval
Nedbank gets approval to acquire up to 66% of NCBA Group, expanding its banking presence across Kenya and East Africa
Mercy MokahAug 31, 2026 · 2m
FinTech
Nigerians in the UK sent billions home. So why is Moniepoint leaving the remittance market?
Moniepoint spent £1.2 million on administrative expenses to establish its UK operation, then committed $2.5 million to acquire Bancom Europe. But why is it shutting down MonieWorld just 16 months after launch, despite $12.38 billion flowing from the UK into Nigeria in 2023?
Mercy MokahAug 26, 2026 · 4m
FinTech
Standard Bank eyes OPay stake as Nigeria-focused fintech targets $4 billion US IPO
Standard Bank is in talks to acquire a stake in OPay ahead of the fintech’s planned US IPO, which could value the Nigeria-focused payments company at about $4 billion.
Chinaturum IheomaAug 18, 2026
FinTech
Nigerian fintech and crypto startups can now apply for CBN’s sandbox programme
With applications for sandbox programme open until August 31, the CBN is expanding supervised testing for fintech and virtual asset firms building Nigeria’s next generation of financial infrastructure.
Chinaturum IheomaAug 12, 2026 · 3m
FinTech
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, 2026 · 2m
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
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
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
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
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
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
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