• Abeg-App-Piggyvest-2

    Nigeria’s Abeg App Gets Mobile Money Operator Approval, Rebrands to Pocket App

    The Central Bank of Nigeria (CBN) has approved Abeg App, a Piggytech Global Limited product, as a Mobile Money Operator in Nigeria. Abeg Technologies Limited, a division of Piggytech Global Limited, has been given approval in principle (AIP) by the Central Bank of Nigeria (CBN) to operate as a...
  • Ghana’s Fido Raises $30M Series A Round To Aid With Their Planned Expansion.

    With a focus on growing across Africa, Fido, a fintech business with its headquarters in Ghana, has raised $30 million in a Series A round of funding. Fido, a fintech company with headquarters in Ghana, has raised $30 million in a Series A round of fundraising with the goal...
  • Dash, Ghanaian Fintech Startup Raises $32.8 million in Seed Round Funding

    Dash, a Ghanaian payment platform has secured $32.8 million in an oversubscribed seed round led by various partners. A Ghanaian unified and accessible payments app, Dash has raised $32.8 million in an oversubscribed seed round headed by Insight Venture Partners, global private equity and venture capital firm based in...
  • BoG Grants Paystack Ghana Payment Services Provider (PSP) License.

    Paystack Ghana has received a new license to continue helping businesses in Ghana grow. Nigerian-based fintech, Paystack has been granted a Payment Services Provider (PSP) Enhanced license by the Bank of Ghana. The licence, the highest level in the PSP category, permits Paystack to process EMV GH-Link prepaid cards for...
  • Ghana’s Fintech Startup, Float Secures $17 Million to Provide Liquidity To African SMBs.

    According to research, 85% of African SMBs have zero access to financing, and each day, African SMBs have billions locked up in receivables due to long payment cycles. This leads to cash flow problems that cause businesses to be late on important expenses and fulfilment of new orders. Jesse Ghansah...
  • IT Consortium Launch CHANGO App for Easy Crowdfunding for Africans.

    Chango App, a new mobile crowdfunding platform established by the Ghanaian IT Consortium, allows people and groups to raise money for a predetermined campaign. A new mobile app named Chango, a crowdfunding platform has been released by IT Consortium, one of Ghana’s leading producers of digital financial solutions. Chango...
  • Gov’t of Ghana To Tax Mobile Money Transactions Starting Feb, 2022

    Ghanaians will soon be paying more on all electronic transactions including Mobile Money following the announcement of a new e-levy by the government. Ghana’s finance minister Ken Ofori-Atta has announced that the government intends to introduce an electronic transaction levy (e-levy) in the 2022 budget. He said this was to “widen...
  • AfCFTA Caravan Prize 2021 Winners Announced

    The AfCFTA Secretariat and its partners on the 4D, ProPer, and Caravan Initiatives, AfroChampions and the Arab Bank for Economic Development (BADEA), have announced the winners of the AfCFTA Caravan Prize. Five winners have been announced out of the 10 finalists. The 20 finalists and semi-finalists were tasked with conceiving...
  • Nigeria’s Lemonade Finance Secures $725k pre-seed Funding Round.

    Nigerian fintech startup, Lemonade Finance, has raised $725K in pre-seed funding for a project aimed at improving access to financial services for African diaspora investors. Nigerian fintech startup Lemonade Finance has secured a US$725,000 pre-seed funding round. The round was led by Y Combinator and other investors Ventures Platform,...
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