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Injaro Investment Advisors, a leading Ghanaian private capital fund manager, has made a significant equity investment of US$2 million in Zeepay Ghana Limited's Series A.5 round. Zeepay, a wholly-Ghanaian-owned mobile finance service provider, specializes in cross-border payments and mobile money services across Africa and the Caribbean. This strategic investment...
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In the heart of Sierra Leone's financial challenge, EziPay emerged as a transformative force. With traditional banking out of reach for many, EziPay harnessed mobile technology, uniting the unbanked. From remote villages to bustling cities, it bestowed the power of financial services to handheld devices, rewriting the narrative of...
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Bank of Ghana raises alarm over 97 Illegal loan apps: Protect yourself from unregulated lenders! The Bank of Ghana (BoG) has issued a cautionary statement to the public regarding the usage of 97 illegal mobile apps primarily found on the Google Play Store. These apps have been offering loans...
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Jack Dorsey, co-founder of Twitter, will speak at the first Africa Bitcoin Conference in Accra, Ghana, from December 5 – 7, 2022. The first Bitcoin Africa Conference will take place in Accra, Ghana, December 5-7, 2022, with Jack Dorsey, chairman of The Block and co-founder of Twitter, serving as...
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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...
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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...
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Dash, a Ghanaian fintech startup, has been ordered by the Bank of Ghana to cease operations due to unapproved licences. The Bank of Ghana has ordered Ghanaian fintech company Dash to cease operations. The fintech startup has been growing since securing a $32.8 million seed round of funding with...
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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...
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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...