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Ghana’s President John Mahama’s Twitter (X.com) account was hacked. Here’s a deep dive into the Solana Africa scam. In a shocking turn, Ghana’s President John Dramani Mahama’s official X (formerly Twitter) account was hacked, promoting a fraudulent post about a fake meme coin called Solana Africa. This incident, which...
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Empowering Fintech Startups: Mojo Payments Launches Innovation Hub in Ghana to Drive Growth and Compliance. A licensed Enhanced Payment Service Provider by the Bank of Ghana (BoG), Mojo Payments has launched an Innovation Hub in Ghana. This significant development aims to accelerate the growth of fintech startups across the...
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Bamboo’s acquisition of the U.S. broker-dealer license is a watershed moment for the Nigerian fintech industry. The Nigerian investment platform, Bamboo has achieved a monumental feat by becoming the first financial organization from Nigeria to secure a U.S. broker-dealer license through its affiliate, Bamboo Securities LLC. This milestone is...
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Ghana’s mobile money transactions soared to GHS 335 billion by the end of 2024, a massive leap from GHS 199.3 billion in December 2023! In recent years, Ghana has witnessed a remarkable surge in the adoption of mobile money services, marking a significant shift in the country’s financial landscape....
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Mastercard has launched its first office in Accra, Ghana, marking a significant expansion of its presence in West Africa. Mastercard announced today a comprehensive expansion of its digital financial services across West Africa, targeting critical markets in Ghana, Côte d’Ivoire, and Senegal. The strategic initiative aims to revolutionize digital...
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One of the key features that set PayAngel Money transfer apart is its lightning-fast money transfer service. With just a few taps on your phone, you can send money to your loved ones within minutes. No more waiting in line at the bank or dealing with tedious paperwork. As...
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Ghana’s leading mobile financial services provider, Zeepay, has secured a significant investment of US$ 5 million from Oikocredit as part of its Series A.5 funding round. This strategic investment will enable Zeepay to extend its innovative remittance services to ten new countries, further solidifying its position in the fintech...
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Lemfi’s deal with Visa boosts its global presence, enabling efficient cross-border payments and expanding financial services worldwide. Lemfi, an emerging fintech startup, has recently inked a pivotal expansion deal with the global payment processing platform Visa, marking a significant stride in its quest for global reach. This strategic partnership...
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Chipper Cash launched its US remittance service to empower the African diaspora. However, a terminated bank partnership halted its international money transfer services from the United States....