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    Inside Lesaka’s Struggle to Make African Fintech Consolidation Pay

    The Johannesburg payments company has spent $80m acquiring competitors. Six months of data show why buying scale in African fintech doesn't guarantee profitability.
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    Updates

    ‘This Team Gave Everything’: Natalie Dowsett’s 11th-Hour Plea to Save OX Delivers

    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.
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    Updates

    Nigeria’s Fintech Reality Check: 7 Uncomfortable Truths From the CBN’s New Report

    If you want to run a fintech in Nigeria, you need to be a diplomat as much as a CEO.
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    Ecosystem News

    GoCab Secures $45M to Challenge Moove in the Race for Africa’s Gig-Worker Assets

    Founded in 2024 by former investment bankers Azamat Sultan and Hendrick Ketchemen, GoCab’s strategy bypasses the traditional leasing model.
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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.
    Industry

    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.

    Sponsored Posts

    Industry

    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.
    Industry

    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

    Updates

    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.
    Industry

    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.
    Updates

    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
    Updates

    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.

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