Africa's Tech Future, Today.
Faced with high app acquisition costs and low retention rates, founder Emmanuel Obiechina pivoted away from standalone mobile apps. By launching Kure, he built a banking service operating directly within messaging platforms like WhatsApp and Telegram.
The Airtel Money Global Pay Card, a Mastercard virtual card, is coming to Kenya. Here is how it compares with M-Pesa GlobalPay and what users should watch for.
Paystack six years after Stripe is no longer just a payment gateway. It now has a microfinance bank, a lending plan and a new parent called The Stack Group.
Proposed amendments to Kenya's payment system regulations seek to give the Central Bank direct oversight over significant equity investments in payment firms. While the reforms aim to enhance market stability and compliance, required regulatory approvals could lengthen fundraising cycles for growing startups.
Moniepoint UK Limited generated $36,284 in revenue for 2025 following the migration of customers from its diaspora remittance product, MonieWorld. The figure reflects one month of activity as the group reassesses its UK market footprint amidst rising competition and operational expenses.
Former banker Watson Matsa founded eSusFarm Africa to bridge the gap between traditional banking frameworks and smallholder agriculture. By leveraging soil, weather, and crop data, the platform creates dynamic risk management tools designed around seasonal earnings rather than rigid monthly schedules.
Pan-African payments company pawaPay has received a Payment Service Provider licence from the Bank of Mozambique, letting it sign up merchants directly and connect them to the country's mobile money networks.
Airtel Money priced its London IPO at 196p a share, valuing the African mobile money business at about £5.3bn ($7bn). Full trading opens today after a soft start in conditional dealings.
After eight years running Ethiopia's dominant telecom operator, Frehiwot Tamru moves into government as Minister of Innovation and Technology. Her move raises questions for both the ministry and Ethio Telecom.
Financial technology startup Chimoney has been acquired by CapitalSage Vantage Limited, five months after announcing its closure due to capital depletion. The acquisition revives the cross-border payment platform, settles outstanding obligations, and secures a regulated pathway for international expansion.
Six years after launching vehicle financing for ride-hailing drivers in Lagos, mobility fintech Moove is exiting the Nigerian market. The company is handing over eligible vehicles valued at ₦35 billion to current operators, ending vehicle payment obligations as it shifts focus toward international markets and autonomous robotaxi fleets.
Oluwatomi Ayorinde and Chizaram Ucheaga launched Timon to solve the payment barriers faced by African travellers. By offering multi-currency travel cards, the startup has processed over $47 million across 16 African markets.
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