19 June 2025, Dubai, UAE: Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report…
Rodima-Taylor, Paterson, Wiegratz & LeGrand Africa’s FinTech landscape is characterized by its reliance on mobile technology, digital platforms, and adaptive cultural practices. The sector experiences remarkable growth and profitability, supported by strong market demand and frequent political backing. With over half of the world’s mobile money accounts located on the continent, FinTech serves as a…
Rwanda intends to invest $200 million in locally based finance technology (fintech) enterprises between next year and 2029. This vision is part of the Fintech Strategy 2024-2029, which was released by the Ministry of Information and Communications Technology as Innovation. Its main goal is to propel Rwanda to the number one fintech hub in Africa…
The finals of the seventh edition of the competition, held in Lomé, Togo this September saw Daba Finance, an Ivorian fintech startup offering a one-stop investment platform for trading African securities, emerge as the grand winner from a line-up of 12 impressive finalists. The finalists were evaluated by a panel of industry experts on criteria…
Digital innovations and advancements in the fintech sector are playing a vital role in driving Africa’s prosperity, particularly for small and medium enterprises, women, and youth entrepreneurs. Experts have said that Africa has one of the fastest-growing fintech sectors in the world, and its value is expected to reach $65 billion annually by the year…
The Africa Fintech Summit (AFTS) has announced the official opening of nominations for this year’s Excellence in Fintech Awards. The award ceremony is set to take place during the 12th edition of the Africa Fintech Summit on 4th-6th September at the JW Marriot in Nairobi. For this year’s awards, the public is invited to nominate…
Application Deadline: July 7, 2024 Applications are now open for the 2024 Ecobank Fintech Challenge. The Ecobank Fintech Challenge is open to all startups with innovative solutions addressing the needs of the African population and its diaspora. It has been created with two objectives in mind: Identify and support Fintechs that are ready to scale…
The United Nations Development Programme (UNDP) and the timbuktoo Africa Innovation Foundation have launched the Call for Applications for the first timbuktoo Fintech Hub in Africa, based in Lagos, Nigeria. The Pan-African initiative is searching for young Africans from across Africa who can build or are already building fintech start-ups that leverage innovations in financial services…
Artificial intelligence (AI) and digital innovation are expected by bankers to play a key role in the future of the sector on the continent, according to the findings of KPMG’s inaugural Southern African Banking Survey . Report Highlights: AI and Digital Innovation The African banking landscape is undergoing a significant transformation driven by the adoption…
In a noteworthy celebration of Nigeria’s dynamic financial technology ecosystem, Mastercard convened key stakeholders at its Fintech Forum on March 20, 2024. The event served as a demonstration of the leading payments technology company’s ongoing commitment to the growth and development of the fintech landscape. Fast becoming one of the industry’s most anticipated tech gatherings,…