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    Nigerian Startup Intron Finds Surprising Traction in the Country’s Chaotic Courtrooms

    “We didn’t just tune a global model to local accents. We started from scratch with real African data."
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    Updates

    Fintech Unicorn Wave Secures $137 Million in Debt Funding to Power Pan-African Growth

    Wave made headlines in September 2021 when it became Francophone Africa’s first unicorn, hitting a valuation of $1.7 billion
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    Updates

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week
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    Industry

    From P2P to Custodian: Inside Telda’s 180-Degree Pivot to Escape Egypt’s Fintech Bloodbath

    What’s kept the company afloat while others from its founding generation have faltered?
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    Yellow Card Acquires Brazil’s GoMoney to Secure Direct LatAm Foothold

    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.
    Updates

    Chinese Rules, OPay and a Halted New York Listing

    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.

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    Industry

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Updates

    Yellow Card Acquires Brazil’s GoMoney to Secure Direct LatAm Foothold

    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.
    Updates

    Chinese Rules, OPay and a Halted New York Listing

    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.
    Updates

    From Disruptors to Form-Fillers: Egypt’s Fintechs Face a New Agent Banking Reality

    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.
    Updates

    Your Biggest Customer Is Also Your Biggest Risk

    Hayden Lamberti, a business coach at Grow, writes from Johannesburg, South Africa

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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