Vepay, a new cross-border digital payment platform, has officially launched its services in Nigeria and Kenya, offering individuals and fre...
Engage Capital bids $24.5 million to acquire struggling Lipa Later
Engage Capital, a Kenyan-focused venture capital firm, has made a $24.5 million offer to acquire Lipa Later, a Kenyan buy-now-pay-later st...
Equity Group expands fraud crackdown to Uganda after firing 1,500 employees in Kenya
Equity Group, Kenya’s second-largest bank by assets, has extended its internal crackdown on staff misconduct to Uganda, two months after s...
Stitch acquires Efficacy Payments to become a direct card processor in South Africa
Stitch, the South Africa-based payments infrastructure company, has acquired Efficacy Payments, a digital payments startup with direct acc...
Bitcoin Scandal Fails to Topple Czech Government in No-Confidence Vote
On Wednesday, the Czech Republic's ruling coalition narrowly avoided collapse following a high-profile Bitcoin scandal that triggered ...
Octane Raises $5.2M to Expand Its Fleet Payments Platform Across MENA
Cairo-based fintech startup Octane has secured $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and Elsewedy Cap...
Sam Altman says Meta is offering OpenAI staff $100 million to poach AI talent
The CEO of OpenAI, Sam Altman, has accused Mark Zuckerberg’s Meta of offering as high as $100 million in signing bonuses in its aggressive...
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