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Nigerian Regulator Cracks Down on Unlicensed Deposit-Taking Fintechs Following Fraud Concerns
The Nigerian Inter-Bank Settlement System (NIBSS) has issued a stern warning to unlicensed financial services companies operating as deposit-taking institutions. This move signals a significant…
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Kenya’s Innovation Leap: President Ruto Pledges to Enact Startup Bill, Igniting a New Era of Growth
President William Ruto has pledged to endorse the Startup Bill 2022, a transformative move aimed at fortifying Kenya’s startup sector. Scheduled for signing by April…
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Routed’s Insight Reveals Tighter Budgets, Local Cloud Surge, and AI Skepticism
In the intricate landscape of IT predictions for 2024, Routed, a prominent VMware Cloud Verified provider, provides a forward-looking perspective. The forecast, delivered by Andrew…
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Norrsken22, Pan-African Venture Capital Firm, Closes Debut Fund at $205 Million
Norrsken22, a Pan-African venture capital firm, has achieved the final close of its debut fund, raising a total of $205 million, surpassing its initial target.…
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MFS Africa Rebrands to Onafriq, Aiming to Wire Up the Whole Continent
MFS Africa, a leading digital payments network in Africa, has rebranded to Onafriq. The company’s founder and CEO, Dare Okoudjou, explained that the rebrand was…
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Africa Fintech Summit 2023: A Deep Dive into Innovation to be held in Lusaka, Zambia
The Africa Fintech Summit, the continent’s most prominent fintech gathering, is set to convene for its 10th annual event, scheduled to take place from November…
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ANKA, Africa’s Leading E-Commerce Platform for Artisans, Receives $3.4 Million Investment from IFC to Scale Operations
IFC, a member of the World Bank Group, has announced a $3.4 million equity investment in ANKA, a leading African e-commerce platform for artisans and…
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Nigerian Fintech Startup Payday in Talks to Sell Company Six Months After Securing $3 Million in Funding
Nigerian Fintech Startup Payday in Talks to Sell Company Six Months After Securing $3 Million in Funding Nigerian fintech startup Payday is reportedly in discussions…
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![[South Africa] Trellix Announces Industry Veteran John Morgan as XDR General Manager](https://fintechnews.co.ke/wp-content/uploads/2023/07/john_morgan_trellix.jpeg.png)
[South Africa] Trellix Announces Industry Veteran John Morgan as XDR General Manager
He joins forces with Trellix veteran Gareth Maclachlan, Network and Collaboration Security General Manager. Each focused on the growth of their portfolios, they share a…
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Aifluence named winner of the Visa Everywhere Initiative (VEI) Kenya Finals
AIfluence, received a $20 000 USD monetary prize and progresses to the Central and Eastern Europe, Middle East, and Africa (CEMEA) regional finals. The winning start-up…
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