Mambu Tapped as Core Banking Engine for Nyla, Africa’s First Islamic Neobank
Mambu partners with Nyla to enhance core banking infrastructure in Ghana. Nyla will offer digital wallets, peer-to-peer transfers, and bill payments.
The retention problem hiding in plain sight for African startups
A study revealed that many women in West Africa are motivated digital users, primarily for learning and job search. High data costs were identified as a major barrier to sustained platform use by 73% of women in Ghana and 64% in Nigeria.
Blockchain.com Launches in Ghana, Eyes Broader African Expansion
Blockchain.com recorded over 700% growth in brokerage transaction volume in Nigeria since launching retail operations. The firm has seen a 140% increase in active Ghanaian users before its official launch.
Cisco Foundation and FINCA Ventures Partner with Affinity Africa to Scale Financial Inclusion in Ghana
Cisco Foundation and FINCA Ventures have announced a partnership with Affinity Africa. The collaboration aims to bridge the financial inclusion gap for underserved communities.
Nigeria’s fintech regulators seen as neutral referees, not roadblocks, new CBN report finds
Half of fintech stakeholders view the regulatory landscape as supportive, while the other half see it as restrictive. Ambiguity in regulatory guidelines and prolonged approval timelines are the most significant challenges faced by fintechs.
