The Nasdaq-listed company, which started life in Cairo as a bus-booking app before pivoting into enterprise software, posted Q1 2026 revenue of $8.24m.
The CBN is forcing dominant payments groups to choose between issuing and acquiring, triggering the most dramatic reshaping of Africa's largest fintech market in a decade.
Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.
A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.
Farid’s elevation comes at a moment when Egypt is under pressure to restore investor confidence, attract foreign capital, and modernize an economy strained by inflation, currency volatility, and global uncertainty.
Historically known as an Egyptian brokerage and asset manager, Beltone has spent the last 18 months repositioning itself as a technology-led financial conglomerate.
The leadership transition, announced recently by the company, aims to ensure continuity for the startup’s 200,000+ users and its international investors.
Local and pan-African funds such as Digital Africa and Launch Africa Ventures continue to drive volume at the earliest stages, absorbing the risk of experimentation and market discovery.
The PI-SPI, launched on September 30, 2025, was designed to be the “Great Connector” for the eight-nation West African Economic and Monetary Union (WAEMU).
The Nasdaq-listed company, which started life in Cairo as a bus-booking app before pivoting into enterprise software, posted Q1 2026 revenue of $8.24m.
The CBN is forcing dominant payments groups to choose between issuing and acquiring, triggering the most dramatic reshaping of Africa's largest fintech market in a decade.
The blockchain payments company's Series E participation cements RLUSD in Africa's largest payments network - but Flutterwave is not betting on any single coin.
