The adage ‘jack of all trades, master of none’ is apt for enterprises considering expansion into new African markets. Anthony Karingi, Vice President of Business Development – East Africa at leading fintech enablement partner Ukheshe, says the company is taking a collaborative approach to its regional expansion strategy – and is already reaping the benefits. “As […]
Category Archives: Fintech
Fintech Africa
Blockchain Africa is the continent’s biggest gathering of Web3 expertise and the crypto curious and it’s coming to Sandton on 16 and 17 March 2023 A Web3 wave comes to African shores next week and the continent is perfectly positioned to rise on this tide of innovation in ingenuity. The 9th annual Blockchain Africa Conference gathers together […]
ImaliPay, a leading fintech-as-a-service provider, has signed a major deal with 3rd Party e-commerce fulfillment solution Renda (1st March 2023). The partnership will support businesses across Africa by simplifying and streamlining the process of order fulfillment for Enterprise and Medium-sized businesses across Africa, starting with Nigeria. The two companies will provide key services to ambitious businesses, making it easier […]
In the second half of 2022, the South African Reserve Bank (SARB) announced it has its sights set on stricter regulations for the South African payments ecosystem “to ensure financial stability in a world of increasingly innovative and disruptive technology”. Though some new fintech players winced at the thought, it is a necessary move if […]
The music industry is always at the forefront of the latest trends, so it should be no surprise that NFTs have been embraced by many artists and fans already. If you’re an artist, you might have been thinking about creating NFTs for your fans, or it might not have crossed your mind. This article has […]
Fintech, Nigeria News
Why the promise of a cashless society is key to unlocking the Nigerian commerce growth opportunity
By Justin Floyd, CEO of open commerce platform, Redcloud Cash is a uniquely expensive and inconvenient way to do business. However, shifting to a world of cashless payments is easier said than done, as many policymakers have discovered to their cost. The Nigerian Government is taking unprecedented steps to reduce the economic reliance on cash and […]
Fintech
Successful adoption of 3D Secure authentication continues to grow globally, according to study from Ravelin
The adoption of the latest version of 3D Secure authentication for online payments has significantly increased around the world, according to a new report by fraud prevention specialists Ravelin. The global average for transactions passing through the latest version (3DS2.2) has shot up to 17% from 1% in H2 2022. The frequency of version updates in […]
Fintech, Ghana News, Kenya News, Nigeria News, South Africa News
Blockchain Africa Conference 2023: Gearing African businesses to compete in the global marketplace
The adoption of blockchain technology has gained traction in South Africa, Kenya, Nigeria and Ghana – resulting in more efficient and lower-cost cross-border payments to facilitate African businesses conducting trade abroad1. This shift can be attributed to an increase in global ratification of the technology where approximately 44% of the top 100 public companies2, including […]
Blockchain Research Institute Africa Making Strides in Levelling Financial Playing field Africa has an enormous cash and informal trade economy, however, at the root of many challenges that Africa currently faces is financial exclusion. An alarming 900 million are unbanked in Africa due to numerous challenges, including accessibility to banks, occupation barriers, financial limitations, gender issues, and […]
Fintech, Senegal News, Startups
Presenting the 2022 Partech Africa Report: Resilient African Tech Ecosystem Still Growing with $6.5 Billion Raised in 2022
Amid the drastic pullback in global VC funding, the African tech ecosystem stands out with +8% growth from 2021. Debt funding doubled in volume to $1.5B, accounting for nearly a quarter of the total funding. Fintech, still leading, attracted 39% of the total equity volume; Nigeria retained the top spot with 23% Partech Africa, the […]