Nigerian fintech company focused on mobile payments and financial services, aiming to expand its operations in Kenya.
How tithes and offerings became an ₦8 trillion use case on Moniepoint
Moniepoint processed ₦412 trillion in transactions in 2025. Approximately 3% of all transfers were for church donations, equating to ₦8.1 trillion.
Kuda MFB to expand experience centres after national licence upgrade
Kuda Microfinance Bank received a national banking license from the Central Bank of Nigeria. The new license allows Kuda to expand its physical footprint beyond its previous geographic restrictions.
Nearly 40% of African startup funding now comes from local investors
African investors accounted for nearly 40% of total startup funding in 2023, up from 25%. Local fund managers have maintained a steady level of investment, indicating a maturing investment base.
Nigeria posts lowest funding share among Africa’s big four as startups raise $3.8bn in 2025
Nigeria's funding share dropped to 8% in 2025, the lowest since 2019. South Africa, Kenya, and Egypt outperformed Nigeria in total funding share.
What’s next for African fintech? 5 fintech leaders share their expectations for 2026
Moniepoint closed its Series C round, securing fresh capital for growth and market expansion. A fintech passporting agreement between Ghana and Rwanda was established, promoting cross-border collaboration.
