Fintech & Payments
The latest Fintech & Payments stories, scored against the thesis and threaded over time.
Allawee's Exit: the infrastructure survived — the brand was always the disposable part
Allawee's users lose their accounts in December. Their transaction histories won't migrate automatically. That's a real cost to real people.
Read the full story →Hot Storylines
What’s developing right now — ranked by recency, momentum, and importance.
- 1
Former Flutterwave COO Bode Abifarin Named CEO of MTN Nigeria's MoMo PSB
Latest: MTN Nigeria confirms Abifarin appointment as MoMo PSB CEO and MD, adding formal title detail to yesterday's announcement.
- 2
MTN Migrates MoMo to Cloud Infrastructure Across Four African Markets Under Ambition 2030
Latest: MTN's banking licence pursuit gains new reporting detail, with fresh coverage framing the move as a continent-wide competitive challenge to incumbents.
- 3
FTSE Russell Confirms Nigeria's Frontier Market Return From September 21
Latest: Stock rally materialises as FTSE Russell upgrade draws fresh global investor attention ahead of September 21 effective date
- 4
Paystack Absorbs Card-Issuing Fintech Allawee, Shuts Accounts in December
Latest: Reporting details why Allawee sold to Paystack, mapping the capability gaps and competitive implications for Nigeria's embedded-finance market.
- 5
Blu Label Books R4.9 Billion Cell C Write-Down, Swinging to Full-Year Loss
Latest: Cell C reports a 57% earnings jump and falling debt as the post-restructuring financial recovery takes hold
- 6
Moody's Cuts Senegal to Caa2 Mid-IMF Negotiations
Latest: Senegal finalises a $2.2bn IMF programme without debt restructuring, improving its sovereign risk profile despite Moody's earlier Caa2 downgrade.
The feed
- 2026-09-02TakeUnverified — not yet reviewed
Paystack Swallows Allawee
Allawee's users lose their accounts in December. Their transaction histories won't migrate automatically. That's a real cost to real people.
- 2026-09-02TakeUnverified — not yet reviewed
IFC Bets on Gig-Worker Fintech
A 94% repayment rate across 10,000 vehicles, daily payments capped at a third of what a rider earns, insurance and paperwork bundled in. Gigmile has already done the hard work of proving the model…
- 2026-09-02Unverified — not yet reviewed
Shoprite Targets Spaza Fintech
Shoprite has acquired R&A Cellular, which operates point-of-sale systems in spaza shops, in a move to bring formal fintech services into South Africa's informal retail segment at scale. The deal is…
- 2026-09-02Unverified — not yet reviewed
MoMo Tests South Africa Market
MTN is moving to deploy its MoMo mobile money platform in South Africa, testing whether a model built for low-banked markets can gain traction in a highly banked economy. The outcome is being watched…
- 2026-09-02Unverified — not yet reviewed
Grey Opens Africa-China Yuan Payments
Fintech platform Grey has launched direct Chinese yuan payment capabilities, targeting the friction African businesses face when settling trade with Chinese counterparts. The product is positioned as…
- 2026-09-02Unverified — not yet reviewed
Gabon's $330M Debt Deadline
Gabon faces a deadline of September 3 to repay approximately $330 million owed to a South African investment fund, creating a live sovereign-default watch situation for investors with exposure to…
- 2026-09-02Unverified — not yet reviewed
Nigerian Banks' CBN Borrowing Collapses
Nigerian commercial banks' borrowing from the Central Bank of Nigeria fell by approximately 89 percent in August 2026 compared to the prior month, a sharp swing that analysts are reading as a…
- 2026-09-02Unverified — not yet reviewed
Capitec Lists on A2X at $33B
Capitec, South Africa's largest retail bank by market capitalisation at approximately $33 billion, has joined A2X Markets as a dual-listed company. The move is being interpreted as a signal that…
- 2026-09-02Unverified — not yet reviewed
Afreximbank's Leadership Reshuffle
Afreximbank has announced a leadership reshuffle alongside a restructuring of its regional operations, moves that could shift the pan-African trade finance institution's strategic and geographic…
- 2026-09-02Unverified — not yet reviewed
Kenya's First Travel Co-Brand Card
Absa, Kenya Airways, and Visa have jointly launched the Asante Global Card, positioned as Kenya's first co-branded premium travel card. The product targets Kenyan travellers with a rewards…
- 2026-09-02Unverified — not yet reviewed
Wafa Assurance Hits 10B Dirham
Morocco's Wafa Assurance has reported 10 billion dirham in gross written premiums for the first half of 2026, marking a new milestone for the country's insurance sector. The figure reflects continued…
- 2026-09-02Unverified — not yet reviewed
Naira Swings Fuel Dollar Flight
Analysis explains how ongoing naira exchange rate volatility is reinforcing Nigerian consumer and business preference for dollar-denominated savings and transactions. The piece provides context for…
- 2026-09-02Unverified — not yet reviewed
Access Holdings' Opaque Accounts
Access Holdings has approved its first-half financial accounts without disclosing a publication date, a decision that is raising transparency questions about one of West Africa's largest pan-African…
- 2026-09-01TakeUnverified — not yet reviewed
Nedbank Takes Control of NCBA
The CBK's approval clears the last big formal hurdle. But the deal structure is the interesting part: 80% of the consideration paid in Nedbank shares, meaning NCBA's existing shareholders end up…
- 2026-09-01TakeUnverified — not yet reviewed
Paystack Folds In Allawee
Allawee wasn't just another Nigerian fintech — by 2025 it was the quiet infrastructure behind card programmes at PiggyVest, Nomba and Carbon. That kind of embedded plumbing takes years to earn.
- 2026-09-01Unverified — not yet reviewed
Kenya's eTIMS Supplier Payment Rule
Kenya's Revenue Authority has made eTIMS compliance a prerequisite for government suppliers to receive payment, a policy that forces compliance at scale across Kenya's B2G commercial relationships.…
- 2026-09-01Unverified — not yet reviewed
Yellow Card's USA-Nigeria Stablecoin Rail
Yellow Card has partnered with Tranzmit to provide a stablecoin API powering a USA-to-Nigeria remittance corridor, validating regulated stablecoin rails for Africa's highest-volume remittance route.…
- 2026-09-01Unverified — not yet reviewed
Flutterwave Veteran Leads MoMo PSB
Bode Abifarin, formerly chief operating officer of Flutterwave, has been formally appointed as CEO and Managing Director of MTN Nigeria's MoMo Payment Service Bank. The appointment is widely seen as…
- 2026-09-01Unverified — not yet reviewed
Senegal Leads UEMOA E-Money
Senegal accounts for 29.7 percent of the total e-money outstanding across the UEMOA economic zone, confirming its position as the region's leading digital payments market by this measure. The data…
- 2026-09-01Unverified — not yet reviewed
West Africa MFIs Erode Capital
An analysis argues that microfinance institutions across West Africa are consuming their own equity bases, identifying the trend as a systemic risk signal for financial inclusion actors in the…
- 2026-09-01Unverified — not yet reviewed
US Targets Banque Misr UAE
US authorities have proposed sanctions targeting Banque Misr's UAE subsidiary, a move that could disrupt Egypt-Gulf financial flows and carries ripple-effect risk for African banking institutions…
- 2026-09-01Unverified — not yet reviewed
UEMOA Banking Assets Hit Record
The UMOA banking system's total assets exceeded 70 trillion FCFA in 2025, providing a meaningful scale marker for the West African franc-zone financial sector. The figure offers context for the scale…
- 2026-09-01Unverified — not yet reviewed
CBN Drains N4.72 Trillion Liquidity
Nigeria's Central Bank has withdrawn N4.72 trillion from the banking system through open market operations, with investors drawn by yields approaching 20 percent. The liquidity drain signals a…
- 2026-09-01Unverified — not yet reviewed
Kenya Gets First Co-Branded Travel Card
Visa, Kenya Airways, and Absa have jointly launched the Asante Global Card, described as the first co-branded premium travel card in Kenya. The product adds a new travel rewards proposition to…