Fintech News Africa

08/12/2023

Manual Accounts Payable ( AP ) processes result in operational inefficiency. If you're looking for solutions to automate your AP processes, this demo session by Yooz may be useful for you. Register now: https://bit.ly/3RxB0Ry

05/12/2023

Explore the secrets behind successful consumer lending across various use cases. Provenir's eBook reveals the hidden gems of auto, mortgage, retail, BNPL, and credit cards. Don't miss out on this valuable resource.

Download now: https://bit.ly/3QxpLqG

01/12/2023

The Pulse of African FinTech is Here! 🌍 Discover how Gozem is making waves in the FinTech space. Dive into the details and stay informed here– https://bit.ly/47MMKVQ

Subscribe to Fintech Africa for exclusive updates and fintech trends: https://bit.ly/FNNAfricaNL

01/12/2023

From financial inclusion to the evolution of BNPL, fintechs are offering new channels for consumers to access credit, moving away from credit scores and creating new credit models.

https://fintechnews.africa/42813/fintechafrica/unlocking-the-future-of-consumer-lending-with-ai-and-automation/

Provenir's e-book explores how lenders can overcome any lending challenge with a robust credit risk decisioning platform.

27/11/2023

The global consumer credit market is valued at $11 billion. Learn how fintechs are revolutionising lending models and making credit more accessible worldwide.

https://fintechnews.africa/42813/fintechafrica/unlocking-the-future-of-consumer-lending-with-ai-and-automation/

Provenir's e-book explores how lenders can overcome any lending challenge with a robust credit risk decisioning platform.

27/11/2023

Nigeria has recorded tremendous growth in its fintech sector over the past years, a growth that’s evidenced by soaring adoption of digital financial services, booming investment activity and the expansion of local players into new markets and niches.

https://fintechnews.africa/42741/fintech-nigeria/despite-growth-and-potential-fintech-development-faces-challenges-in-nigeria/

In Nigeria, the fintech industry has expanded well beyond payment services to now encompass a wide range of segments, including regulatory compliance, credit and blockchain. This growth has been driven by mass adoption of digital financial services and increased collaboration within the sector to fa...

24/11/2023

Ready to excel in the consumer lending space? Provenir's eBook unveils the industry's best-kept secrets, guiding you through the competitive landscape and regulatory changes. Get your copy today and stay ahead of the game: https://bit.ly/3QxpLqG

24/11/2023

Abu Dhabi Finance Week 2023 is breaking boundaries! With over 8,000 participants from 100+ countries, it's the global convergence of finance, investment, and economic brilliance. Mark your calendars and join the event to shape the future together. It's still not too late to register: https://bit.ly/49gNsw2

ADFW 2023 will gather global financial industry leaders to delve into the opportunities and challenges presented by the economic, technological, and sustainability shifts impacting the global economic landscape. This event will provide a unique platform to explore these dynamic changes and their pot...

21/11/2023

Market volatility, rising competition, and changing consumer demand—these challenges are no match for lenders embracing cutting-edge lending technology. Learn the secrets to success in Provenir's e-book.

https://fintechnews.africa/42813/fintechafrica/unlocking-the-future-of-consumer-lending-with-ai-and-automation/

Provenir's e-book explores how lenders can overcome any lending challenge with a robust credit risk decisioning platform.

21/11/2023

This new stablecoin from PayPal, issued by Paxos, will open new horizons for digital financial transactions between Africa and the United States.

https://fintechnews.africa/42840/fintech-south-africa/yellow-card-is-the-first-fintech-in-africa-to-launch-paypal-usd-pyusd/

Yellow Card becomes the first fintech on the continent to launch PayPal USD (PYUSD). This new stablecoin fromPayPal, issued by Paxos, will open new horizons for digital financial transactions between Africa and the United States.

20/11/2023

Dive deep into the intricacies of consumer lending with Provenir's eBook. Discover the key differentiators that can set you on the path to success. Get your copy at this link: https://bit.ly/3QxpLqG

16/11/2023

ADFW 2023’s four-day series will host 36 events and 180 sessions, attracting the participation of the heads of numerous investment funds. It’s set to be attended by over 10,000 business leaders, 3,500+ top financial firms, industry experts, policymakers, regulators, investors and bankers from over 100 countries.

Register here: https://bit.ly/49gNsw2

16/11/2023

SA insurtech Pineapple secures $21.3m Series B funding

https://dabafinance.com/fr/nouvelles/pineapple-raises-major-series-b-round-to-expand-SA-insurance

SA insurtech Pineapple secures $21.3m Series B funding

15/11/2023

Ready to thrive in the world of consumer lending? Provenir's eBook unveils the industry's best-kept secrets, helping you navigate the competitive landscape and regulatory changes. Get your copy today: https://bit.ly/3QxpLqG

Explore how you can turn challenges into opportunities across five major use cases: auto, mortgage, retail, BNPL, and credit cards.

15/11/2023

Project DESFT is a joint effort with MAS and the Bank of Ghana to enhance the participation of MSMEs from developing countries in international trade.

https://fintechnews.sg/80309/singapore-fintech-festival-2023/project-desft-to-empower-msmes-in-global-trade-with-blockchain-based-credentials/

Project DESFT is a joint effort with MAS and the Bank of Ghana to enhance the participation of MSMEs in international trade.

14/11/2023

Abu Dhabi Finance Week is known as the most influential finance, investment, and economic event in the MENA region.

Don't miss the chance to interact with influential fintech leader to delve into the opportunities and challenges presented by the economic, technological, and sustainability shifts impacting the global economic landscape.

Register now: https://bit.ly/49gNsw2

14/11/2023

Bank of Ghana is part of this collaborative effort

https://fintechnews.sg/80176/singapore-fintech-festival-2023/sff-2023-attendees-offered-s1000-in-demo-credits-to-explore-project-guardian/

Attendees of the SFF 2023 can get S$1,000 worth of demo trading credits to try out the Future of Finance Trading Portal.

13/11/2023

Discover how lenders can overcome any lending challenge with a robust credit risk decisioning platform that grants access to both alternative and traditional data sources through a single API.

https://fintechnews.africa/42813/fintechafrica/unlocking-the-future-of-consumer-lending-with-ai-and-automation/

Provenir's e-book explores how lenders can overcome any lending challenge with a robust credit risk decisioning platform.

13/11/2023

M-PESA Transacts $287 Million in Three Months Since Launch in Ethiopia

https://shega.co/post/m-pesa-transacts-287-million-in-three-months-since-launch-in-ethiopia/

M-PESA Transacts $287 Million in Three Months Since Launch in Ethiopia Must Read Shega

10/11/2023

With a US$11 billion global consumer credit market size, rapidly growing middle classes in emerging markets, and widespread economic uncertainty, the opportunity for lenders to tap into the consumer need for credit is immense.

https://fintechnews.africa/42813/fintechafrica/unlocking-the-future-of-consumer-lending-with-ai-and-automation/

Provenir's e-book explores how lenders can overcome any lending challenge with a robust credit risk decisioning platform.

10/11/2023

Africa has been undergoing a digital transformation, driven by the rapid expansion of mobile phones and Internet connectivity.

https://fintechnews.africa/42090/fintechafrica/digitalization-africa-to-become-a-top-services-outsourcing-destination-in-case-productivity-gets-better/

In Africa, improved productivity, increased digitalization and a rapidly expanding talent pool are laying the foundations for the continent to become a major services outsourcing destination, a new report by McKinsey and Company says.

10/11/2023

Last year, the Abu Dhabi Finance Week saw attendance of over 8,000 individuals representing more than 100 countries. This year, the event is back - bigger and better! Explore the event itinerary and get your tickets here: https://bit.ly/49gNsw2

10/11/2023

This transaction combines the strength of Gozem’s Super App network with the breadth of Moneex’s fintech capabilities, creating an unparalleled Fintech starting point for the Gozem Group.

https://fintechnews.africa/42823/fintechafrica/africas-superapp-gozem-goes-fintech-with-acquisition-of-benin/

This transaction combines the strength of Gozem’s Super App network with the breadth of Moneex’s fintech capabilities, creating an unparalleled Fintech starting point for the Gozem Group.

08/11/2023

Unlock the Secret to Consumer Lending Success. Dive into Provenir's eBook to discover the key differentiators that can transform challenges into opportunities in MENA's lending industry.

Download now: https://bit.ly/3QxpLqG

08/11/2023

Booming interest in fintech in Nigeria comes at the time when the government is formally expressing its commitment to fostering the industry.

https://fintechnews.africa/41987/fintech-kenya/fintech-search-queries-most-prevalent-in-nigeria/

Nigeria is one of the three locations in the world where people are searching for the term “fintech” the most, a finding which suggests that people in these locations have the highest interest level in the topic, a new research by the Fintech News Network (FNN) has found.

07/11/2023

Distinguished speakers from government bodies, leading banks, fintechs and venture capitals (VCs) will convene at the Abu Dhabi Finance Week to discuss on sustainable finance, regulation & compliance, hedge funds, blockchain, AI and more.

Don't miss the chance to interact with influential fintech leader of the Middle East. Register now: https://bit.ly/49gNsw2

07/11/2023

Rising usage of digital identity verification solutions in Africa comes at a time when businesses across the continent are moving online.

https://fintechnews.africa/42668/fintechafrica/ekyc-in-africa/

E-KYC in Africa fueling demand for innovative identity verification solutions. This is evidenced by the surge in activity observed by Smile ID, the identity verification solutions provider says in a new report.

03/11/2023

As access to consumer credit increases around the world, both fintechs and traditional financial service providers will need to leverage the right technology to provide it.

https://fintechnews.africa/42813/fintechafrica/unlocking-the-future-of-consumer-lending-with-ai-and-automation/

Provenir's e-book explores how lenders can overcome any lending challenge with a robust credit risk decisioning platform.

02/11/2023

Abu Dhabi Finance Week is known as the most influential finance, investment, and economic event in the MENA region.

Meet global financial industry leaders to delve into the opportunities and challenges presented by the economic, technological, and sustainability shifts impacting the global economic landscape. Register now: https://bit.ly/49gNsw2

ADFW 2023 will gather global financial industry leaders to delve into the opportunities and challenges presented by the economic, technological, and sustainability shifts impacting the global economic landscape. This event will provide a unique platform to explore these dynamic changes and their pot...

01/11/2023

With OceanBase Cloud, PalmPay managed to reduce its core accounting database costs by 86% and its financial history database costs by 71%, resulting in an impressive 80% reduction in monthly database related expenses.

https://fintechnews.africa/42805/fintech-nigeria/oceanbase-supports-palmpay-to-reduce-its-database-cost-by-80/

PalmPay, the first Africa-based customer to adopt OceanBase, has transitioned its accounting, transaction, payment, and billing systems to OceanBase Cloud.

30/10/2023

The Temenos solution, hosted on the cloud, will enable AGB to provide products faster to retail and corporate customers in Sudan and around the world.

https://fintechnews.africa/42774/sudan/africa-and-gulf-bank-selects-temenos-to-deliver-digital-transformation-on-the-cloud/

The Temenos solution, hosted on the cloud, will enable AGB to provide innovative products faster to retail and corporate customers in Sudan and around the world.

17/10/2023

MWC Kigali, the African continent’s largest and most influential connectivity event is taking place on the 17 – 19 October.

https://fintechnews.africa/42724/fintech-rwanda/his-excellency-president-paul-kagame-to-open-mwc-kigali-2023/

The GSMA is delighted to announce that His Excellency Paul Kagame, the President of the Republic of Rwanda, will formally open MWC Kigali on 17 October at the Kigali Convention Centre, Kigali, Rwanda.

12/10/2023

The fund will focus on growing businesses in healthcare and financial services by helping companies adopt digital solutions and offer new products that can reach underserved segments of the population.

https://fintechnews.africa/42708/fintech-kenya/ifc-invests-50-million-into-leapfrog-emerging-market-private-equity-fund/

IFC announced an investment in a new fund by LeapFrog Investments to improve fast-growing health and financial services firms' access to growth capital and support job creation in Africa, South Asia, and Southeast Asia.

28/09/2023

In major markets such as Nigeria, Ghana, Kenya, and South Africa, Smile ID claims it has reduced the average time for verification using popular identification documentations (IDs) to a mere 1.93 seconds.

https://fintechnews.africa/42668/fintechafrica/ekyc-in-africa/

E-KYC in Africa fueling demand for innovative identity verification solutions. This is evidenced by the surge in activity observed by Smile ID, the identity verification solutions provider says in a new report.

22/09/2023

A study found that Mobile money services were the main driver of improved financial access in Tanzania.

https://fintechnews.africa/42643/fintech-tanzania/financial-inclusion-improves-in-tanzania-facilitated-by-mobile-money/

In Tanzania, financial inclusion is improving at a rapid pace, facilitated by the proliferation of mobile phones and a significant uptake in mobile money services usage in the country, a 2023 study by Financial Sector Deepening Tanzania (FSDT), a local organization supporting the development of the....

14/09/2023

A standout characteristic of AddPay’s & Wiseasy’s Android devices is their innate capability to transact via Wi-Fi or dual SIM cards, guaranteeing uninterrupted connectivity and abolishing the perennial “poor signal” predicament.

https://fintechnews.africa/42627/fintech-south-africa/addpay-and-wiseasy-unveil-game-changing-android-payment-solutions/

AddPay, in collaboration with Wiseasy, is not merely introducing payment terminals; they are presenting powerful platforms and solutions, that empower our valued clients to tailor these devices to their exacting specifications.