Moniepoint Restructuring: Five Months' Pay for Engineers and Product Staff Who Choose to Leave
Moniepoint restructuring hits engineering and product teams: staff were offered five months' salary to leave, with role decisions due 2–11 November.
Fintech
Cross-Border Payments in Africa: AfricaNenda Says a $120 Million Fund and a Binding AU Deal Are Needed
Cross-border payments in Africa need $120 million and a binding AU protocol to work, says an AfricaNenda study. Here is the plan and which blocs go first.
Raenest Moves Beyond Cross-Border Payments With Stablecoin Vaults, Physical Cards and Crypto Invoicing
Raenest used its Lagos event to add vaults paying up to 16% on naira, a physical card and stablecoin invoicing. What Raenest offers now, and the risks to know.
Nclude Fund Closes Above $112 Million, With 93% of the Money From African Investors
The Nclude fund, now advised by DPI Venture Capital, closed above $112M with 93% African capital. Here is who paid, what it backs and what founders can expect.
Endeavor Catalyst Raises $320 Million Fund V: What It Means for African Startups and How to Qualify
Endeavor Catalyst raised $320 million for Fund V, its largest yet. Here is how the fund invests, which African startups it backs and what founders need.
Fuliza ya Pochi: Safaricom Brings Overdrafts to More Than a Million Kenyan Micro-Merchants
Fuliza ya Pochi gives Pochi la Biashara merchants an M-Pesa overdraft to pay suppliers and bills. Who qualifies, how repayment works and what to check first.
Flutterwave Share-Backed Loans: Staff Can Now Borrow Against Their Equity Without Selling
Flutterwave share-backed loans let staff borrow against their equity via Techdollar, keeping shares and upside. What we know, and what is still undisclosed.
Nigeria Startup Funding Hits $635 Million in Nine Months, Taking Back Africa's Top Spot
Nigeria startup funding reached $635M from January to September 2026, ahead of Egypt, Kenya and South Africa. Four deals made up 69% of it. Here is the data.
Bard Santner wants to turn Zimbabwe’s diaspora remittances into a banking business
Financial advisory firm Bard Santner has secured a microfinance banking licence from the Reserve Bank of Zimbabwe, aiming to convert cross-border diaspora remittance inflows into long-term savings and credit products. The strategic shift seeks to capture non-resident financial flows and build formal banking relationships with Zimbabweans abroad.
Inside Roqqu’s plan to tokenise Nigeria’s stock market
Cryptocurrency exchange Roqqu is preparing to tokenise shares listed on the Nigerian Exchange. By creating digital representations of real-world equity assets on blockchain infrastructure, the platform aims to enable fractional share ownership and expand retail investor participation across West Africa.
Nigeria’s financial inclusion is growing, but access to credit still lags
EFInA data reveals that formal financial inclusion in Nigeria has reached 73 per cent, with 87.2 million adults onboarded. However, formal credit access remains constrained, reaching only 12 million adults as high borrowing costs and strict underwriting requirements persist.
Why Emmanuel Obiechina ditched dedicated apps to build a bank inside your DMs
Faced with high app acquisition costs and low retention rates, founder Emmanuel Obiechina pivoted away from standalone mobile apps. By launching Kure, he built a banking service operating directly within messaging platforms like WhatsApp and Telegram.