Nigerian fintech company focused on mobile payments and financial services, aiming to expand its operations in Kenya.
Flutterwave’s Bank Acquisition Plan Signals a Bigger Ambition: Becoming Africa’s JPMorgan
Flutterwave is planning to acquire a bank in East Africa as part of its strategy to become a licensed financial institution. The CEO confirmed that the acquisition is aimed at gaining regulatory foothold and existing customer base.
Norebase report finds Nigeria, Rwanda among Africa’s fastest incorporation markets
Nigeria and Rwanda can incorporate companies within 24 to 72 hours via digital registration systems. Angola's incorporation process can take over 130 days due to mandatory notarization and other requirements.
Quick Fire 🔥 with Opeyemi Folorunsho
Opeyemi Folorunsho leads R&D at Moniepoint, focusing on impactful engineering solutions. His role includes guiding teams and shaping the technical vision for the company.
Nigeria’s fintechs built payments. Now they’re becoming banks.
Paystack acquired Ladder Microfinance Bank in January, marking its entry into the banking sector. Flutterwave secured a national MFB license in April through its acquisition of open banking startup Mono.
Lender Baobab becomes Beltone’s biggest business three months after acquisition
Beltone Holding acquired Baobab Group for $227.13 million in February. Baobab contributed 53% of Beltone’s operating revenue in the first quarter of 2026.
