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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... -
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, 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... -
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... -
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... -
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... -
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... -
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... -
pawaPay originated as part of the payments of pawaTech, a UK software company with more than a decade of experience building Mobile Money solutions for African markets. In early 2020, pawaPay was spun out as a standalone business with the backing of the investors behind pawaTech. Today, pawaPay is already...