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Tag: PayTech News Africa

South African fintech Lesaka snaps up Adumo in $86m deal

Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South...

African fintech Union54 launches new social commerce platform ChitChat

Union54, a fintech based in Zambia, has introduced a new social commerce app named ChitChat, in collaboration with...

Flutterwave names ex-CBN director Dipo Fatokun as new board chair

Flutterwave, an African paytech unicorn, has appointed Dipo Fatokun, a former director at the Central Bank of Nigeria...

UK fintech Unlimit secures new PSP licence to expand into Tanzania

UK-headquartered fintech Unlimit has received authorization as a payments service provider (PSP) by the Bank of Tanzania (BOT). ...

Deel acquires Africa-based payroll company PaySpace

HR solutions fintech Deel has acquired payroll and HR company PaySpace for an undisclosed amount. PaySpace, founded in...

ICYMI fintech funding round-up: Navro, Finally, Cashinvoice, SUMA Wealth and more

Navro (formerly Paytrix) secures $14 million in an internal funding round led by Bain Capital and Unusual Ventures....

Flutterwave makes several new exec appointments focusing on risk, compliance and partnerships

Global Expansion Focus: African paytech Flutterwave is making strategic hires to support its global expansion. Executive Appointments:Amaresh Mohan:...

Stitch raises $25m in Ribbit Capital-led Series A extension

South African payments infrastructure company, Stitch, raises $25 million in Series A extension to expand its payment solutions and...

ICYMI fintech funding round-up: Fipto, Form3, Immix, Emata & more

Several fintech companies have secured investments to fuel their growth and expand their offerings, including Form3 partnering with Visa,...

Saudi Arabia’s HyperPay acquires fintech start-up Sanad Cash

📰 HyperPay, the largest payment services provider in the MENA region, has acquired Saudi fintech start-up Sanad Cash to...

Egypt’s Taly taps BPC to power digital payment services

Egyptian start-up Taly has partnered with BPC to use its SmartVista platform to provide digital payment solutions to banks,...

Nigerian paytech Nomba raises $30m in pre-Series B round

Nigeria-based payment services provider Nomba has raised $30m in a pre-Series B funding round led by Base10 Partners. The...