Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Egypt's Lucky Raises $23 Million Series B to Drive North Africa Credit Expansion
Egyptian consumer credit fintech Lucky has closed a $23M Series B combining equity and debt, led by Disruptech Ventures and DPI Venture Capital via Nclude, to expand into North Africa.
Vietnam's MoMo Explores New Investment at Valuation Above $2 Billion
MoMo, Vietnam's leading digital wallet with over 30 million users, is working with Jefferies and Morgan Stanley on options including bringing in new investors at a valuation above $2 billion.
Morocco's z.systems raises $1.65 million as start-ups race to digitise corner shops
The Casablanca-based B2B platform's new round, led by Azur Innovation Fund, comes as WafR and Woliz also raise capital to serve Morocco's roughly 126,000 hanouts.
Rwanda's Bank of Kigali presents BK Open API to clients, opening its systems to fintechs
Bank of Kigali formally showcased its open API platform at a client forum on 2 April, letting fintechs and businesses embed payments and payroll services in their own apps.
Angola's BAI Embraces Finastra Core Platform for Digital Transformation
Banco Angolano de Investimentos is upgrading to Finastra's cloud-first Essence core banking platform, extending a relationship with Finastra of more than 15 years.
Nigeria's Flutterwave Secures Banking Licence, Opening Door to Deposits and Credit
Flutterwave has obtained a Nigerian banking licence, allowing the payments company to hold deposits directly and reduce its reliance on partner banks.
MTN Ghana Completes Separation of MobileMoney Business Into Standalone Fintech Entity
MTN Group completed the statutory merger of MobileMoney Ltd into MobileMoney Fintech Ltd on 31 March 2026, meeting Ghana's requirement for 30% local ownership in e-money issuers.
Monzo Exits US Market and Cuts 50 Roles to Focus on UK and European Expansion Before IPO
UK neobank Monzo is closing its US operations, cutting around 50 American roles, and shutting existing US accounts by June 2026 ahead of a London Stock Exchange listing.
Tabby's Saudi Subsidiary Reports FY2025 Revenue of $378 Million in Second Consecutive Profitable Year
Tabby Financing Company posted $378 million in 2025 revenue, up 42%, and a net profit of $55 million, though net debt of $689 million exceeded SAMA's regulatory ceiling.
South Korea's Toss Posts FY2025 Revenue of KRW 2.7 Trillion as Net Profit Surges 847%
Viva Republica's Toss platform reports FY2025 revenue of KRW 2.7 trillion, up 38% year-on-year, with net profit rising 847% to KRW 201.8 billion.
East Africa's 4G Capital Raises $2M to Boost MSE Lending
Kenyan fintech 4G Capital has secured $2 million from GIF Growth to scale its touch-tech lending model in Kenya and Uganda, targeting women and youth entrepreneurs as it nears $1 billion in cumulative loans.
Wise Launches UK Current Account With 3.26% Variable Rate
Wise has launched its UK Current Account offering a 3.26% variable rate on GBP balances through Wise Assets (capital at risk), Airport Lounge Pass, and Young Explorer cards, targeting the more than £250 billion held in UK current accounts earning no interest.