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FINTECH AFRICA | South African Fintech, SOLmate, Doubles User Base as South Africa’s Digital Wallet Boom Accelerates
South African fintech startup, SOLmate, is riding a wave of explosive growth, doubling its active user base to around 100,000 over the past year. The surge comes amid skyrocketing demand for eWallet solutions and strategic partnerships aimed at expanding access to digital payments in underserved
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EXPLAINER | Understanding Crypto Futures and Where You Can Trade
Cryptocurrency futures involve agreements between two investors speculating on the future price of a cryptocurrency.
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CALL FOR APPLICATIONS [DEADLINE: FEBRUARY 20, 2026] | Ghanaian Startups Invited to Apply for UNICEF Startup Lab Cohort 6
Ghanaian startups are invited to apply for UNICEF StartUp Lab's 6-month accelerator focused on tech solutions for social impact, addressing various SDGs. Selected startups receive mentorship, funding, and access to UNICEF's network.
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[WATCH] South African Exchange, VALR, Raises $50 Million – Africa’s Largest Ever Crypto Raise
VALR.com, a cryptocurrency exchange headquartered in South Africa, has announced that it has raised $50 million (over R750 million) in Africa’s largest ever crypto funding round.
This values the company at $240 million (R3.7 billion)
VALR’s oversubscribed Series B equity funding round was led
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INTRODUCING | SumSub Expands Non-Document Verification Solution to Africa
SumSub has expanded its Non-Document Verification solution to South Africa, Nigeria, Kenya, and Ghana, reaching over 350 million potential users. This initiative enhances KYC/AML compliance, fights identity fraud, and simplifies user onboarding in Africa.
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LAUNCH | M-PESA and Pezesha Launch Mkopo Wa Pochi Lending Service for Small Businesses in Kenya
Kenyan fintechs M-PESA and Pezesha are launching Mkopo wa Pochi, a credit service for small business owners to borrow through M-PESA accounts. Available from June 2024, it aims to utilize both firms' strengths, offering quick loans with flexible terms and a credit assessment process.
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FUNDING | Ugandan Agent Banking Fintech, ABC, Secures Investment After Crossing 20,000 Enrolled Agents
Agent Banking Company (ABC), a Ugandan fintech, has received an undisclosed investment from Goodwell Investments.
The investment, derived from Goodwell’s €150 million uMunthu II Fund, will help ABC expand its client base, increase agent coverage, and introduce new services. uMunthu II Fund
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