A fintech company providing cross-border payment solutions in Africa, known for its speed and low fees.
Kenyan fintechs poached aggressively from banks. Now the talent is returning
Kenyan banks are regaining talent lost to fintechs as job security and better salaries attract professionals back. The shift has intensified since 2024, with banks expanding engineering and compliance departments in response to operational risks.
Five Africa Startups To Pay Attention To In 2026
Jumia has focused on its core e-commerce and JumiaPay ecosystem after shutting down non-core food delivery markets. Flutterwave is preparing for a potential NASDAQ listing, having secured new licenses and expanded its remittance services.
Q&A: Blockchain’s Role in African Remittances
High remittance fees and delays push 70% of cross-border payments into informal channels. Blockchain reduces remittance fees to 0.5-3% and processes payments in minutes.
Fintechs lead Africa’s 2025 valuation table, even as the market resets
African tech startups previously enjoyed Silicon Valley-like valuations during the post-COVID fundraising boom. Local investors now outnumber foreign investors, leading to lower valuation expectations.
Major Venture Capital Firm Partners with UN to Launch Triple-Track Startup Program in Kenya
500 Global and UNDP have launched a comprehensive entrepreneurship initiative in Nairobi. The initiative features a Pre-Acceleration Academy for early-stage founders running from October 6-12.
