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    WESTERN AFRICA

    Massive Data Fraud Scheme Exposes KYC Vulnerabilities in Nigerian Fintech

    "Information available revealed that the actors are up to 12,000 all over the country seeking account donors."

    French Court Orders Compulsory Liquidation of Ivorian-Founded Fintech Bizao

    Paris ruling casts doubt over future of one of Francophone Africa's most prominent B2B fintechs.

    A Quiet Exit: Nigeria’s Migo Acquired by Long-Time Investor

    The company had previously raised a $20 million Series B round in 2019 to fuel its expansion in Nigeria and Brazil.

    From Washington to a Lagos Cell — Binance’s Crime Chief Closes the Chapter

    Gambaryan, who built Binance’s global investigations team from scratch, said he now plans to shift focus.
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    Bank Zero Joins TymeBank and Discovery in South Africa’s Profitable Neobank Club

    Bank Zero hits monthly break-even with just 275,000 direct retail accounts, offering a playbook for capital-efficient fintechs.

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    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.

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Bank Zero Joins TymeBank and Discovery in South Africa’s Profitable Neobank Club

    Bank Zero hits monthly break-even with just 275,000 direct retail accounts, offering a playbook for capital-efficient fintechs.

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    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.

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.