The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.
A Chinese regulatory inquiry halted the Nigerian fintech's $304m New York listing hours after pricing. The rules behind it, and the ownership structure it landed on, both emerge from the filings.
The central bank’s open-banking framework was designed to level the playing field, but initial rollouts have concentrated rail control among legacy institutions—forcing agile startups to rent the very infrastructure meant to liberate them.
From Windhoek to Lagos, stock exchanges across the continent are wooing startups with structured pipelines, listing incentives, and MOU ceremonies. The startups are mostly politely non-committal.
A series of recent funding rounds involving prominent African venture investors reveals a quiet but significant shift: the continent's most active backers are writing cheques for companies that may never prioritise Africa at all.
The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.
A Chinese regulatory inquiry halted the Nigerian fintech's $304m New York listing hours after pricing. The rules behind it, and the ownership structure it landed on, both emerge from the filings.
Egypt's central bank has written a rulebook for banking agents. It lets banks send identity verification, account applications and card deliveries to places they have no branches. On a close reading, it allows little else.
