Bank Zero, the South African app-only bank, has reached break-even five years after opening to the public, with a partnership model that could now let it scale far beyond its own customer base.

Kenya is proposing new capital requirements of up to KES 250 million ($1.93 million) for payment companies, raising the cost of entry for fintechs seeking to compete in the country’s payments market.

Eight years after commencing operations in Nigeria, OPay continues to build, innovate and serve, using technology to make financial services simpler, more accessible, and more inclusive for Nigerians.

Egyptian fintech group, has secured shareholder to acquire microfinance lender Tamweely. The deal was first announced in ...

KCB Group will acquire a 22.23% stake in Kenyan payments company Pesapal, giving the bank indirect control of Pesapal’s Tanzanian subsidiary, according to Tanzania’s competition regulator.

Cognitus has arrived in Nigeria with an ambitious mission: to build advanced artificial intelligence research, models and technology from Africa for both African and global applications. Cognitus is ...