Mastercard is enabling merchants and acquirers across Eastern Europe, the Middle East, and Africa (EEMEA) to settle transactions using Stablecoins, specifically USDC and EURC, marking a significant step toward integrating Stablecoins into mainstream financial systems. This initiative is made possible through an extended partnership with Circle, the global fintech startup behind the USDC stablecoin, which…
South African-based fintech Mukuru is advancing financial inclusion across Africa through the rollout of its innovative digital wallet, aimed at enabling users to save, send, receive, and pay for services directly from their phones. The Mukuru Wallet is currently operational in several African nations, including South Africa, Zimbabwe, Malawi, Botswana, and Zambia, providing convenience and…
The Egyptian Exchange – EGX has taken a significant step in its digital transformation journey with the launch of its first-ever mobile application, introduced in beta on August 17, 2025. The app is designed to make market data and financial information more accessible to the public, reflecting EGX’s broader vision of leveraging technology to enhance…
South Africa’s fintech landscape has marked a major milestone as Nedbank Group, one of Africa’s largest financial institutions, has acquired iKhokha in a ZAR1.65 billion (US$94 million) deal. This acquisition reflects Nedbank’s growing focus on digital innovation and inclusive financial services, with a particular emphasis on supporting small and medium-sized enterprises (SMEs). It also underscores…
South African fintech startup Street Wallet has successfully raised US$350,000 in new funding to accelerate its mission of empowering informal traders and service providers with accessible, low-cost digital payment solutions. This latest investment, which values the company at US$2 million, will enable the startup to deepen its market penetration, drive higher sales growth, and expand…
Banque Misr has taken a historic leap forward in Egypt’s financial sector through its fintech subsidiary, Misr Digital Innovation, which has received final approval from the Central Bank of Egypt to rebrand and launch as onebank — the country’s first fully digital-native bank. Officially approved on August 17, 2025, onebank is set to go live…
Flutterwave has entered into a transformative partnership with iPayLinks, East Asia’s renowned payment platform, to strengthen Africa–Asia trade by simplifying cross-border payments. The partnership is designed to remove long-standing barriers that have slowed trade between the two regions, such as complex bank integrations, currency risks, and delayed settlements. By addressing these pain points, Flutterwave and…
Yellow Card has announced the appointment of Gillian Darko as its new Vice President of Strategy, a role that will see her join the executive team and report directly to the CEO. This strategic move reflects Yellow Card’s commitment to strengthening its leadership team as it continues to scale across Africa and beyond. Darko brings…
