FinTech

Huawei in Partnership with Mondia Pay Introduce Cashless Payment in Nigeria

Huawei, in cooperation with digital payment entity, Mondia Pay now offers Direct Carrier Billing service (DCB), for seamless, contactless payments for users in Nigeria and in the MEA region through HUAWEI Mobile Services (HMS). Huawei and smartphone HONOR users in almost 20 countries including, Nigeria, Egypt, South Africa, Tunisia, Tanzania, Madagascar, Liberia, and Botswana, will […]

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FinTech

Kenya Bankers,Huawei Signs Partnership to Promote Financial Inclusion,Fintech Capacity Building

The Kenya Bankers Association (KBA) has signed a collaboration agreement with tech-firm Huawei-Kenya that seeks to deepen financial inclusion in the banking sector through further deployment of technology and building fintech capacity. In the partnership, KBA will work closely with Huawei-Kenya to spearhead industrywide capacity building initiatives aimed at promoting knowledge on financial technology innovation, […]

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FinTech

Wema Bank to Host fintech Pitching Competition Online, Pledges Support for Start-ups

Wema Bank Plc said it is spearheading future innovations in fintechs with the second edition of its technological expo – Hackaholics 2.0. The bank explained that the digital exhibition was part of its efforts to expand its digital innovation beyond being the first fully digital bank in Nigeria. The event which would be a 2-day […]

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FinTech

Cryptocurrency Exchange, Yellow Card Secures $1.5m Seed Funding

Nigerian cryptocurrency exchange Yellow Card has secured a US$1.5 million seed funding round to help it expand to more new markets. Founded by Chris Maurice, Justin Poiroux and Munachi Ogueke, Yellow Card offers users multiple payment options, low fees and competitive rates, and has already seen strong uptake in Nigeria, where it has over 35,000 […]

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StartUps

Tanzanian fintech Mipango Joins NVIDIA Inception Programme

Tanzanian fintech startup ​Mipango has been selected to take part in ​NVIDIA Inception​, a virtual programme designed to nurture startups revolutionising industries with advancements in artificial intelligence (AI) and data sciences. Disrupt Africa reported in June on the launch of Mipango, an AI-based personal finance mobile application that enables users to manage their income, expenses, […]

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Business

Ghanaian Startup,Nokwary Technologies Wins $10,000 Ecobank Fintech Challenge Prize

Ecobank Group today announced the winners of its Ecobank Fintech Challenge after an exciting virtual event streamed live from Accra Ghana. Nokwary Technologies, edged out the rest of the finalists to emerge winner of the competition. The first and second runner up spots were taken by Ukheshe Payment and Solutions Growth Factor Technologies respectively. The […]

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FinTech

Fintech Silent Eight Unveils Solution to Alleviate Backlogs in Midst of Pandemic and Rise in Cybercrime

Silent Eight has announced that it will offer its powerful artificial intelligence (AI) solution for name, entity, and transaction alert adjudication on-demand, through the remainder of 2020. The decision comes in the wake of the current and ongoing pandemic, which has placed significant constraints and challenges on banks and financial institutions (FIs). These most notably […]

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FinTech

Ecobank Fintech Challenge Startup to Pitch for Cash Prize of $22,000

The 10 startups finalists of the third edition of the Ecobank Fintech Challenge, which gives startups the opportunity to promote their fintech solutions and potentially roll out across the bank’s 33 markets will pitch for a cash prize of $22,000. The finalists will pitch their products to a jury for the cash prizes for the […]

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FinTech

AtaraPay Nigeria’s fintech Startup Launches Escrow Service

Fintech startup AtaraPay has launched its escrow service in a bid to provide a trusted and reliable service that removes monetary bottlenecks and resolves issues during transactions. AtaraPay is a web and mobile tool that can be used by both sellers and buyers for protection during any online or offline commercial transaction through funds held […]

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FinTech

Nigerian Fintech Startup Rise Selected for $120,000 Techstar & Western Union Accelerator

Nigerian fintech startup Rise has been selected to participate in the US-based Techstars & Western Union Accelerator, gaining access to funding and mentorship. Based out of Denver, Colorado, the Techstars & Western Union Accelerator is a three-month, mentor-driven programme designed to help startups build and shape the future of how money moves. Each participating startup […]

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