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Africa fintech limited Cookies on Companies House services. Send / Receive Money and Pay Bills Via App, Cards + More. Key Areas of Fintech Investment in Africa 2. ; This development marks the first investment in South Africa for the firm, which historically focused on East and West African Standard Bank seeks to empower Float Technologies Proprietary Limited (Float) by providing a growth facility worth ZAR200m (US$24m). Disrupt Africa tracked 26 fintech startup acquisitions between June 2021 and July 2023, compared to just seven between 2019 and 2021, and accounting for over 60 Payaza Africa Limited | 4,078 followers on LinkedIn. limited financial profiles and borrowing Our job is to keep your funds safe. TEAM. Just under half of these are fintechs, which are making it their business to disrupt and augment traditional financial Join Africa's leading gathering of fintech stakeholders at Africa Fintech Live, 30th April 2025, Sarit Expo Center, Nairobi. The funding round was led by Nu Holdings Ltd. Our Growing Universe. This innovation has had a transformative Our Africa Fintech in 2024 webinar, featured distinguished industry experts sharing profound insights into the trends, challenges, and opportunities within the African fintech landscape. com East Africa's FinTech sector grew in Q2 2024, with total investment increasing two-fold to US$16. IFC has been a key investor in Africa’s fintech space, having invested in Nigeria’s Interswitch, Egyptian e-payment platform Fawry, West-Africa based mobile money operator Wave, South Africa’s Adumo and Lulalend, and pan-African player TerraPay. Financial Technology Partners LP • FTP Securities LLC • FinTech Partners Ltd 100 California Street, 7th Floor, Suite 700 • San Francisco, CA 94111 90 Park Avenue, 16th Floor • New York, The news: Littlefish, a South African fintech startup on a mission to reconnect banks with Africa’s small and medium-sized enterprises (SMEs), has closed its seed investment round led by TLcom Capital, with Flourish Ventures as a co-investor. 7 billion in investment. 3 billion — went to fintech. Technology consultancy. We view all forms of privatization as a positive limited number of “unicorns,” and funding is still more centered around earlier rounds than it is in other regions. In the summer of 2012, I quit my job in London to move back home to Ghana. Navigating Visa’s commitment to fostering fintech growth in Africa is exemplified by the Visa Fintech Accelerator Program. His day-to-day activities at the Africa Fintech Network allow him to engage with people from MFS Africa, Africa’s largest digital payments network, is thrilled to unveil its new identity: Onafriq. Float is a startup fintech business that enables people to split credit card payments into instalments. From stringent regulatory requirements to the dominance of monopolistic players, understanding and overcoming these hurdles is key to building a thriving fintech venture on the continent. About Us. 30th April, 2025. · Established in 2018, Africa Fintech Foundry is a Pan-African start-up accelerator consisting of an ecosystem of founders, mentors, investors, and partners, aiming to find, curate, invest in, and package Fintech start-ups for growth and scale. :brij connects people and businesses with larger payment possibilities to make your life easier, and scale your business faster. " Yellow Card Secures Crypto Asset Service Provider Licence in South Africa; IFIC 2024: SANEF Limited Honored as Key Driver of Financial Inclusion in Nigeria; AI-Powered Credit Scoring Fintech Firm Tausi Africa, Poised to Revolutionize Tanzania’s Financial Landscape; Nigeria’s 2025 Wage Bill to Surge by 60% Amid Minimum Wage Hike Sabipay Technologies, a subsidiary of fintech Pesapal Limited, has been granted a payments system business licence by the Bank of Zambia. Countries. (Nu), which invested $150 million. Onafriq also calls to mind the idea of One Africa, an interconnected borderless continent where access unlocks PAAC FINTECH Ltd. AFRICA FINTECH OVERVIEW AFRICA PUBLIC MARKETS UPDATE – BUMPER FIRST QUARTER RESULTS BUILD ON 2023 MOMENTUM Portfolio Investments on the Nigerian exchange limited (NGX) in February 2024 rose by 24% m/m to NGN65. O. The fintech announced the development yesterday, stating that it signals a significant extension of Pesapal's presence in the Zambian payments landscape. <br><br>In addition to start-up acceleration, AFF is an innovation hub The fintech landscape in Africa is burgeoning with opportunities, but it also presents a unique set of challenges that entrepreneurs must navigate to succeed. The Privatisation Authority on Tuesday invited consultants to guide on the sale of the Kenya Development Corporation (KDC) controlled hotels. Here’s what comes next. 900+ SKUs. Affinity Africa Finance Limited; No. Navigating Re-Wiring Traditional Trade In Africa. Just under half of these are fintechs, which are making it their business to disrupt and augment traditional financial services. 1 Mobile Money and Payment Solutions. The investment was unveiled during the "Destination 2030: Nigeria Everywhere" event, hosted by Nigeria at the recently concluded United Nations General Assembly (UNGA) in New In the last two years, Africa’s fintech startup ecosystem has flourished, growing in size by almost 20 per cent with an influx of US$2. Organized by @eventhivedotng" Christine Kitale, COO Pesaswap East Africa Limited, Tanya Alvis, VP Commercial @baxibyonafriq , Gbenga Adigun, CEO @getscrella The latest fintech news, resources and expert analysis in Africa by FinTech Futures, the leading intelligence provider for the worldwide fintech community. In recent years, the continent has witnessed a remarkable growth in fintech start-ups An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit country by sub-Saharan country. Branch is transforming and changing the way loans work by providing the most advanced financial services solution in the market through a combination of world-class data science, advanced customer insights, and international fintech best practices. At Africa Fintech Limited, we are a holding company soon releasing a suite of innovative AFRICA FINTECH LTD - Free company information from Companies House including Find company research, competitor information, contact details & financial data for AFRICA Find company research, competitor information, contact details & financial data for AFRICA Africa Fintech Ltd is an active company incorporated on 8 March 2022 with the registered office AFRICA FINTECH HOLDINGS LIMITED - Free company information from Companies House AFRICA FINTECH LTD - Free company information from Companies House including The Africa Fintech Festival is the flagship event of the Africa Fintech Network, with previous editions held in Nigeria (2018), Uganda (2019), and Mauritius Africa Fintech Foundry (AFF) aims to nurture and accelerate the growth of Fintech startups in Africa thus fast-tracking their growth and maturity to deliver relevant solutions to the market, providing greater access to financial services to the The new team will be led by Patrick Gutmann, a banking veteran with experience at ABN Amro, RBS, Egypt’s Commercial International Bank, South Africa’s Ecobank, and United Bank for Africa. 16 February 2024 Generative artificial intelligence (AI), which is capable of producing conversational text, code, images, video and audio, provides Africa with another opportunity to leapfrog older technologies and enhance its development – although a number of risks need to be managed The South African fintech market is experiencing regulatory maturity and evolution, allowing for additional innovation in the sector. This is according to Katlego Maphai, co-founder of South African fintech firm Yoco Technologies, which supports 200 000 businesses with payment solutions and business tools. connected mobile wallets. | Payaza is a leading and nimble fintech payment gateway Overview of selected active FinTech investors in Africa; Featured Pages. Tanzania is home to small and nascent fintech sector that comprised just a little over 30 companies in 2021, data from a study conducted by the United Nations Capital Development Fund (UNCDF) show. For many decades, Africa had limited access to traditional financial services such as loans, insurance, and credit facilities. 1bn (USD40. CONTACT. Our Ecosystem . Contact us. 2 million ($13 million). 5% and Mpesa payments bila till straight to ANY bank account at zero cost! | FinTech Africa Ltd. The network was formally inaugurated in Lagos, Nigeria, on Tuesday 4th December 2018 during the first Africa Fintech Festival by the Vice President of the Federal Republic of Nigeria, the President of Africa Development Bank, with RoutePay is a Fintech company offering innovative payment solutions and services. Digital Solutions Your Corporate Needs from Start-up to Success Finserve africa Limited is leading fintech company in kenya and offers financial management, financial accounting, accounting system, eazzy loan, equitel loans. discover OUR MISSION To enable emerging digital technology innovators on Apply for Business loans on Pezesha 2. Innovation labs in FinTech, Sustainability and Innovation The Power Trio To Fast-Forward Africa's Growth Mauritius is pleased to have won the right to host the 3rd edition of the Africa FinTech Festival (AFF), a concept created by the Africa FinTech Network (AFN). 2m) in the previous month. 65+ Brands. Between 2020 and 2021, the number of tech start-ups in Africa tripled to around 5,200 companies. 609 likes. Receive ALL major cards @0. provides Visa African fintech startups are also more likely to be acquired than their peers. “MFS Africa is no longer an emerging start-up,” says Gutmann, who points out the company’s 200 million African mobile wallets connected to its network. For Africa to truly rise, entrepreneurs must be prioritized. Helping our customers reach 160 million users today. top of page. BOTA FINTECH LIMITED Financial Services Lagos, Lagos State 52 followers A rapidly growing start-up that provides risk mgt and fintech advisory to financial institutions in Nigeria and Africa. The rise of fintech in South Africa. discover OUR MISSION To enable emerging digital technology innovators on We are active in seven markets including Ghana, Tanzania, Kenya, Uganda, Zambia, Côte d’Ivoire and South Africa. Venture Africa's BaaS and infrastructure API market presents a significant opportunity for M2P due to the limited availability of comprehensive solutions for both AFRICA FINTECH OVERVIEW PUBLIC MARKETS Region: Africa | Issued by: Imara Asset Management Limited | Author: Tony Schroenn, Hector Fleming MONTHLY MARKET REPORT AUGUST 2024 2q24 1q22 1q23 1q24 1q21 1q20 EBITDA OTHERS SUPPLY CHAIN MICRO FINANCE BANKING SERVICES ADP 02000500 1000 1500 Explore the better way to pay and get paid instantly, send and receive money, pay bills, swap currencies, and shop easily across Africa. In 2021, the interest in African Fintech startups exploded, with Fintech start-ups focused on the The Africa Fintech Summit is the largest Pan-African initiative to bring together Africa’s top fintech decision makers, regulators, investors and innovators driving the future of this rapidly growing industry. PORTFOLIO. FOR MANUFACTURERS. 140K+ Retailers. We see opportunity to accelerate digital disruption within financial services, insurance, MTN MoMo is a fintech platform providing consumers and businesses with a host of innovative digital financial services. Get credit scored; Know your loan limit; Access Business loans; Easy loan repayment Yellow Card Secures Crypto Asset Service Provider Licence in South Africa; IFIC 2024: SANEF Limited Honored as Key Driver of Financial Inclusion in Nigeria; AI-Powered Credit Scoring Fintech Firm Tausi Africa, Poised to Revolutionize Tanzania’s Financial Landscape; Nigeria’s 2025 Wage Bill to Surge by 60% Amid Minimum Wage Hike Branch is the world's leading personal finance app that provides access to instant loans with no physical documentation. Standard Bank seeks to empower Float Technologies Proprietary Limited (Float) by providing a growth facility worth ZAR200m (US$24m). They may have limited resources and a lack of in-house expertise, but they are still vulnerable to cyber threats that can compromise their Standard Bank seeks to empower Float Technologies Proprietary Limited (Float) by providing a growth facility worth ZAR200m (US$24m). Nigeria, Cote d'Ivoire, and South Africa remained the primary recipients of FinTech funding, with their combined contribution of 76% in Q2 2024. AFTSNairobi features the top minds and changemakers across Africa's fintech industry. +234-913-444-6530 4th Floor, Africa Re House, Plot 1679 Karimu Kotun St, V/Island, Lagos. Previously the Chief Digital Officer at Leads Innovation Limited, and Head of Accelerator and Special Project Division at Opolo Global Innovation, a leading institution focusing on innovation enablement, start-up incubation, and idea acceleration. We view all forms of privatization as a positive Africa Fintech Foundry (AFF) aims to nurture and accelerate the growth of Fintech startups in Africa thus fast-tracking their growth and maturity to deliver relevant solutions to the market, providing greater access to financial services to the financial excluded across the continent. . Email info@africafintechnetwork. 5 million in the first half of 2021, which is more than double the amount raised in 2020. Keep up with the rapid pace of innovation in Africa's fintech landscape with Fintech Today. We look at why fintech collaboration can assist with creating. 6 Asafoatse Ankaa Street; Ringway Estate In recent years, financial technology popularly known as fintech, has emerged as a transformative force in the financial sector, particularly in emerging markets. This article was first published by ITWeb Africa, 16 February 2024. 0 app. Two years of falling share prices, In the face of political and economic challenges and a global pandemic, fintech on the continent is booming. INVESTING IN FINTECHS TO TACKLE AFRICA'S BIGGEST CHALLENGES + Driving digital innovation and scaling tech startups in Africa. Market expansion plans are underway for Nigeria, Cameroon and Benin. Get the latest business insights from Dun & Bradstreet. Designed for quick consumption, our exclusive newsletter, trusted by over 1,000 industry leaders, delivers the latest insights, trends, and breakthroughs right to your inbox. AFRICA FINTECH OVERVIEW PUBLIC MARKETS – ENCOURAGING NEWS FROM RESULTS SEASON Golf Hotel Limited, Sunset Hotel, and Kabarnet Hotel. We strive to link Africa with the global community, fostering open dialogue, forging rewarding synergies, and unlocking new fintech opportunities. Financial technology, colloquially referred to as “fintech,” is accelerating financial inclusion in sub-Saharan Africa—a region that traditionally suffers from limited access to formal As traditional financial institutions grapple with the rise of fintech companies, the sector presents a unique blend of disruption, regulatory challenges, and growth opportunities. These regions, often characterized by underdeveloped financial infrastructures and limited access to traditional banking services, are witnessing a revolution as fintech innovations create new avenues for financial AFRICA FINTECH OVERVIEW PUBLIC MARKETS – ENCOURAGING NEWS FROM RESULTS SEASON A bumper set of FY23 and 4q23 results confirm our conviction in the Africa Fintech story. 5 million compared to the same quarter in 2023, led by Zambia and Seychelles, the same as in Q2 2023. Founders, investors, regulators, and enablers fill the line-up of world-class speakers coming to AFTSNairobi. Afrique – plus a nod to IQ, signalling MFS Africa’s commitment to being the smartest game in African fintech. Lesaka Technologies, a South African-born fintech platform, has acquired payment processing firm Adumo for R1. MAFH exists to pave the way for international FinTech companies AFRICA FINTECH LTD - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. 67 billion ($96 million). Our BDO Africa Fintech report dives into recent advancements, challenges, and regional variations, exploring how this transformative AFRICA FINTECH OVERVIEW PUBLIC MARKETS – Fawry shooting the lights out Region: Africa | Issued by: Imara Asset Management Limited | Author: Tony Schroenn, Hector Fleming MONTHLY MARKET REPORT AUGUST 2024 2q24 1q22 1q23 1q24 1q21 1q20 EBITDA OTHERS SUPPLY CHAIN MICRO FINANCE BANKING SERVICES ADP 02000500 1000 1500 limited number of “unicorns,” and funding is still more centered around earlier rounds than it is in other regions. Previous Kuda Business Unveils Virtual and Physical POS Solutions to Streamline Payments for Nigerian SMEs In Africa, financial services and e-commerce penetration is marginal. BLOG. The new payment method is designed to encourage responsible credit card use and simultaneously help merchants 146 Followers, 1 Following, 47 Posts - Africa Fintech Live (@aflnairobi) on Instagram: "Bringing together African banking, payments and fintech stakeholders. But despite its relatively small size, the sector is growing at a fast pace and gaining prominence, driven by rapid adoption of mobile money, technological According to a report from Disrupt Africa, a tech-focused research and news organization based in the region - the African fintech market has been accelerating, with startup companies securing around $330. 8bn (USD49. Exhibit 1-Investment into The African FinTech ecosystem has boomed since ‘21, with 70% of all funding raised between 2021-2023H1 African FinTech Ecosystem: African fintech startups are also more likely to be acquired than their peers. East Africa's FinTech sector grew in Q2 2024, with total investment increasing two-fold to US$16. Our Products . What began as a venture for ambitious ex-bankers, has grown into a leading African financial technology solution provider. Disrupt Africa tracked 26 fintech startup acquisitions between June 2021 and July 2023, compared to just seven between 2019 and 2021, and accounting for over 60 2. It presented a unique opportunity for entrepreneurs, investors, and those keen on gaining comprehensive insights into the future of African fintech. Every transaction you make on Aku is protected by end-to-end encryption and the best data privacy safeguards The milestone makes Tyme one of Africa’s newest fintech unicorns, joining Nigeria’s Moniepoint in achieving this status in 2024. An Africa: The Big Deal Revealed that about $4 Verdant Frontiers Fintech Fund is an early-stage venture capital fund focused on financial inclusion in Africa. The M&G Catalyst Fund contributed $50 million, while Tyme Group’s existing shareholders added another $50 million Despite a largely unbanked population and limited traditional infrastructure, Africa’s mobile phone penetration and youthful, tech-savvy demographic have created a fertile ground for Fintech solutions. At Onafriq, the only currency that matters is The fintech landscape in Africa is burgeoning with opportunities, but it also presents a unique set of challenges that entrepreneurs must navigate to succeed. Finserve Africa Limited P. Article. Exhibit 1-Investment into The African FinTech ecosystem has boomed since ‘21, with 70% of all funding raised between 2021-2023H1 African FinTech Ecosystem: Connect your business to a real-time payments network built for Africa and get access to over 500 million wallets across the continent. Africa Fintech Ltd has been running for 1 year 11 months. This private company limited by shares has been operating for 7 years 54 days. AFRICA FINTECH GROUP (HONGKONG) LIMITED is a live company incorporated on 19 September 2017 (Tuesday) in Hong Kong as a private company limited by shares entity. Mobile money is the cornerstone of Africa’s fintech revolution. Find company research, competitor information, contact details & financial data for AFRICA FINTECH COMPANY LIMITED of Accra, Greater Accra. We offer secure & reliable payment solutions for businesses around the globe. Business iNSight. There are currently 3 active directors according to the latest confirmation statement submitted on 7th March 2023. More. What is NEW AFRICA FINTECH NIGERIA LIMITED's industry? NEW AFRICA FINTECH NIGERIA LIMITED is in the industry of Other personal services activities. The Future of Fintech in Africa 2023 report, released in August, compiles expert insights from a range of firms including Binance, these companies often operate in an environment with limited competition, providing In 2024, Africa hosts 1,263 fintech firms, up from 450 in 2020, a testament to digital finance’s rapid expansion, which outpaces traditional banking. Our operational and tech hubs are in Cape Town, Africa Fintech Ltd is an active company incorporated on 8 March 2022 with the registered office located in London, Greater London. Pioneered by M-Pesa in Kenya, mobile money platforms allow users to store and transfer money via their mobile phones, bypassing the need for traditional banking services. Private-sector credit has declined from 56% of the GDP in 2007 to 36% in 2022, constraining the FinTech Africa LTD, Nairobi, Kenya. Recent positive share price movements have clawed back some losses, but we believe there is still lots more to go. 3. SMEs in Africa face a particular set of challenges. Among other things, 4,334 Followers, 2 Following, 402 Posts - Aku Fintech (@akuafrica) on Instagram: "Easy payments, Simple banking for everyone. The fintech landscape in Africa is burgeoning with opportunities, but it also presents a unique set of challenges that entrepreneurs must navigate to succeed. The cash and stock deal involves about 17 million shares of Lesaka common stock and a cash payment of R232. We use some essential cookies to make our services work. offers risk-free product development services to tech startups and enterprises all across the world. Box 104443-00101 Equity Centre, Hospital Road, Upper Hill, Nairobi, Kenya Email: FinTech, Sustainability and Innovation The Power Trio To Fast-Forward Africa's Growth Mauritius is pleased to have won the right to host the 3rd edition of the Africa FinTech Festival (AFF), a concept created by the Africa FinTech Network (AFN). However, high funding costs and limited access to capital remain substantial obstacles. Analytics and reporting at your fingertips. FinTech Africa LTD | 276 followers on LinkedIn. AFTS was founded in 2017 and has hosted summits in Washington DC, Lagos, Addis Ababa, Cairo, Cape Town and Lusaka. APPLY FOR FUNDING. These innovations enable individuals with limited credit histories or unconventional employment backgrounds to access credit, African Fintech is emerging as a hotbed for investment, with average deal sizes growing and the proportion of Fintech funding in Africa increasing over past years. Explore innovations, trends, and opportunities shaping the future of finance across the continent. Launched in June 2023, this visionary program is designed to support up to 40 NEW AFRICA FINTECH NIGERIA LIMITED's headquarters is located at 13 270 MURTALA MUHAMMED WAY, YABA, LAGOS STATE. Get visibility of complete value chain and optimize processes end to end with our network of networks platform. Float is a startup fintech business that enables people to split credit card payments Most of the funding — 63 percent, accounting for $3. The Mauritius Africa FinTech Hub is a fast-growing ecosystem where entrepreneurs, corporations, governments, tech experts, investors, financial service providers, universities and research institutions can collaborate to build cutting-edge solutions for the emerging African market. Africa's fintech landscape is experiencing a meteoric rise, driven by a surge in innovation and investment. The Ministry of Arts, Culture, and Creative Economy has announced a $200 million investment from the African Export-Import Bank (Afreximbank) to bolster Nigeria’s creative industry. Who We Are Africa Fintech Foundry (AFF) aims to nurture and accelerate the growth of Fintech startups in Africa thus fast-tracking their growth and maturity to deliver relevant solutions to the market, providing greater access to financial services to the financial excluded across the continent. Fintech's vision was founded in 1993 with a sole objective to provide innovative and competitive financial technologies. The new payment method is designed to encourage responsible credit card use and simultaneously help merchants Who We Are Africa Fintech Foundry (AFF) aims to nurture and accelerate the growth of Fintech startups in Africa thus fast-tracking their growth and maturity to deliver relevant solutions to the market, providing greater access to financial services to the financial excluded across the continent. 1 McKinsey In 2021, African fintech startups raised a new all-time high of US$2 billion, surpassing the previous record of US$773 million raised in 2018 by 159% and overshadowing 2020’s figure of US$230 million by a staggering X8, new India-based M2P Fintech raises US$100m in Series D funding led by Helios to drive expansion in Africa's growing fintech market and boost financial inclusion. 9m) from NGN53. In South Africa, fintech has emerged as a vital force, providing innovative solutions that challenge conventional banking practices. We ensure digital payment are made possible without hassles. African FinTech Solutions. 500M. zfx yswm xnsdnv eirufmc cuc buwfho bvdgh aiypr bjjfdz xnu