Technology Mirror

Digital Banking Users to Reach 3.6 Billion by 2024, an Increase of 54%

The total number of digital banking users will exceed 3.6 billion by 2024, up from 2.4 billion in 2020; a…

Fintech Startup Carbon Launches $100k Pan African Entrepreneurship Fund

Fintech startup Carbon has set up a US$100,000 pan-African fund to address the lack of funding and support holding back…

NCC, NIPOST Explore Collaboration on Digital Financial Services

The Nigerian Communications Commission (NCC) and the Nigerian Postal Services (NIPOST) have met to discuss key areas of collaborations between…

Ecobank Group Announces 2020 Edition of Fintech Challenge

Ecobank Group, the pan-African banking group, is inviting African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech…

Financial inclusion in Nigeria Gets Boost with $10m from Aella Fintech

Focused on improving financial inclusion for West Africa’s low-income segment, a Nigerian fintech start-up, Aella has raised a $10m debt…

Nigeria’s Paga Acquires Ethiopia-based Apposit

Nigerian fintech startup Paga, poised for global expansion, has announced its acquisition of Apposit, a United States (US)-based technology company…

Uganda Digital Economy Opens Up with More Transactions Going Online

The Next Stage of Uganda’s Digital Economy Will Be Powered by Open Application Programming Interfaces (APIs) Today the vast majority…

Africa’s First Blockchain-Based Property Registry Debut in Nigeria

Nigerian startup HouseAfrica has developed Africa’s first blockchain-based land and property registry, reducing the time it takes banks, lawyers and…

Vodacom Tanzania, WorldRemit Launch Mobile Money Transfers to M-Pesa Accounts

Digital money transfer service WorldRemit has partnered with Vodacom Tanzania to enable nine million M-Pesa customers to receive money directly…

mPOS Transaction Values to Exceed $1.9tr by 2024, Fuelled by New Use Cases

Mobile Points of Sale (mPOS) transaction values will exceed $1.9 trillion by 2024, up from $850 billion in 2019. This…