Saturday, October 18

Tag: Fintech

BlacVolta unveils the BlacVolta App and BlacVolta Visa Lifestyle Card, merging entertainment and fintech in Ghana
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Technology

BlacVolta unveils the BlacVolta App and BlacVolta Visa Lifestyle Card, merging entertainment and fintech in Ghana

BlacVolta, Africa’s largest digital media and entertainment platform, has launched the BlacVolta App and BlacVolta Visa Lifestyle Card on Day Two of the Africa FinTech Summit at the Accra International Conference Centre. The event convened more than 2,000 global fintech leaders, investors, and innovators to explore the future of financial technology on the continent. Bringing entertainment and payments together in one seamless experience, the BlacVolta App connects users to Ghana’s lifestyle, events, nightlife, and hospitality ecosystem. Complementing the app, the BlacVolta Visa Lifestyle Card is a premium lifestyle and payment solution powered by Visa, supported by Onafriq and First Atlantic Bank, and developed in partnership with Shrinq. Cardholders enjoy exclus...
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Africa Money & DeFi Summit West Africa Returns to Accra as Fintech, Web3, and Stablecoins Reshape Financial Systems
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Technology

Africa Money & DeFi Summit West Africa Returns to Accra as Fintech, Web3, and Stablecoins Reshape Financial Systems

The third edition of Africa Money & DeFi Summit West Africa returns to Ghana on September 24–25, 2025, bringing together over 500 leaders across fintech, Web3, and decentralized finance. As West Africa continues its rise as a digital finance trailblazer, this high-impact summit builds on its reputation as a catalyst for driving business growth, investment, and partnerships across the region. The Summit will explore how modern payments and cross-border trade are unlocking new economic opportunities across Africa, while digital services and lending platforms expand financial inclusion. Stablecoins and Web3 are redefining value exchange and ownership, with embedded finance making financial tools more accessible than ever. Sessions will also tackle regulation and policy, KYC and digital...
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Goldman Sachs leads USD 55 mln funding in South African fintech startup Jumo
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Technology

Goldman Sachs leads USD 55 mln funding in South African fintech startup Jumo

The investment round saw participation from existing investors including Goldman Sachs, Odey Asset Management and Leapfrog Investments as well as new unnamed investors. It brings Jumo’s total funding raised to nearly USD 150 million and follows two major rounds in 2018 when the company raised USD 64.5 million. Jumo operates in five African countries—Ghana, Uganda, Kenya, Tanzania, Zambia—where it partners with financial service providers and telecoms operators to offer lending, savings and insurance services to their vast customer bases. The company says it has disbursed USD 1.8 billion in loans since being founded and has now served 15 million customers. The fund raise comes amid intense interest in the potential of financial technology startups in Africa, notably from global paymen...
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Africa’s Leading Fintech – Moniepoint – Ranked by the Financial Times as One of Africa’s Fastest Growing Companies, for the Third Consecutive Year
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Technology

Africa’s Leading Fintech – Moniepoint – Ranked by the Financial Times as One of Africa’s Fastest Growing Companies, for the Third Consecutive Year

World’s leading financial publication reiterates Moniepoint’s rapid growth and impact LONDON--(BUSINESS WIRE/AETOSWire)-- Moniepoint Inc. (“the Company” or “Moniepoint”), announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent's leading financial institutions for Africans, everywhere. The recognition highlights Moniepoint’s continued ability to achieve strong, scalable growth. In a market where few companies successfully balance size with agility, Moniepointdistinguishes itself by maintaining operational efficiency while accelerating its expansion across the continent. The world’s leading financial publication confirmed&nb...
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Zeepay Secures $18 Million Debt Funding to Power Mobile Money Expansion Across Africa
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Technology

Zeepay Secures $18 Million Debt Funding to Power Mobile Money Expansion Across Africa

Ghanaian fintech firm Zeepay has secured $18 million in senior secured debt funding to strengthen its working capital and accelerate its expansion across Africa’s booming mobile money and cross-border payment markets. The financing, arranged by South Africa-based advisory firm Verdant IMAP, reflects rising investor confidence in Zeepay’s role as a critical bridge between global remittance networks and local mobile wallets. The new funding will provide crucial float financing support, ensuring Zeepay can manage liquidity demands associated with real-time mobile money transactions and international remittances. As mobile money adoption continues to surge across the continent—often outpacing traditional banking—Zeepay’s services remain vital for millions who rely on fast, affordable digita...
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President Mahama advocates promotion of Fintech and E-commerce
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Business

President Mahama advocates promotion of Fintech and E-commerce

President John Dramani Mahama has advocated the promotion of Fintech and e-commerce to facilitate trade and economic participation. Fintech is a term that describes the use of technology to provide financial services and products. He also urged African nations to invest in research and development to support their homegrown innovations. President Mahama said this on Saturday in his address at the Presidential Session of the Africa Prosperity Dialogues 2025 in Accra. He said the Fourth Industrial Revolution presented a golden opportunity for Africa to leapfrog traditional development models. "We don't need to go back to inventing the wheel. Digital transformation can drive financial inclusion. It can improve public service delivery and create new opportunities for all our peo...
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