Stanbic IBTC Holdings Plc has announced the appointment of Chukwuma (Chuma) Nwokocha as the substantive Group Chief Executive, effective October 2, 2025. The appointment follows the receipt of all necessary regulatory approvals and marks a new chapter in the leadership of one of Nigeria’s leading financial institutions. This transition comes after the completion of Adenkule…
EFT Corporation has announced the appointment of Adri Führi as Group Chief Financial Officer, effective immediately. Bringing over 25 years of experience in the financial services industry, Führi steps into her new role at a time when EFT Corporation is pursuing strategic growth and expanding its footprint across key African markets. Her extensive background across…
Yellow Card, a leading pan-African fintech company, has been announced as a finalist in the Payments Category at the inaugural Money Awards hosted by Money20/20. The prestigious event, set to take place on Sunday, October 26, in Las Vegas, celebrates global innovators who are redefining the future of financial services through cutting-edge solutions and transformative…
Network International and Magnati have officially completed a strategic merger under the ownership of a Brookfield-led consortium, forming a strengthened entity that will operate as Network International LLC. This development marks a major milestone for the financial services sector in the Middle East and Africa, uniting two regional leaders to create a fintech powerhouse with…
The African Guarantee Fund (AGF) has partnered with the Visa Foundation to unlock new opportunities for women entrepreneurs across Africa through a $2 million grant dedicated to supporting women-led and women-owned SMEs. This strategic collaboration will strengthen the Affirmative Finance Action for Women in Africa (AFAWA) Guarantee for Growth program, a flagship initiative by the…
Visa has unveiled a bold step in the evolution of global payments with the launch of a stablecoin prefunding pilot through its money movement platform, Visa Direct. The initiative seeks to modernize how businesses, banks, and remittance providers handle cross-border payouts, offering a faster, more flexible alternative to legacy prefunding models that tie up significant…
Flutterwave has announced key leadership changes aimed at strengthening its compliance, risk management, and regulatory functions as the company continues to scale globally. These changes reflect the fintech’s deep commitment to building a secure, compliant, and sustainable digital payments ecosystem across Africa and beyond. The appointments bring in leaders with decades of experience and demonstrate…
HyperPay has taken a major step forward in shaping the future of financial technology in the MENA region by signing strategic Memorandums of Understanding with Mastercard and Mozn at Money20/20 Middle East 2025 in Riyadh. These partnerships are focused on driving innovation in digital payments while strengthening transaction security across Saudi Arabia, the UAE, and…
