Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.
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 Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability.
In 2025, African tech reached a tipping point. For the first time, debt financing across the continent’s startup ecosystem surpassed the $1 billion mark.
The Warwickshire-based maker of "flat-pack" electric trucks for Africa is facing liquidation unless a rescue deal is found by the weekend. It is a stark reversal for a company that recently touted a $163m expansion deal.
Redtech, the Nigerian fintech subsidiary of Tony Elumelu’s Heirs Holdings, has announced it processed $20.6bn (₦30tn) in total transactions during the 2025 financial year.
Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.
Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
