Elizabeth Antidius Shumbusho | Africa Guardian Global payments leader Visa has made a strategic investment in African fintech Moniepoint, signaling a shared commitment to financial inclusion and the growth of small and medium-sized enterprises (SMEs) across the continent. While Moniepoint did not disclose the exact investment amount, sources suggest Visa contributed over $10 million, pushing the fintech’s Series C…
Our Correspondent | Africa Guardian Africa’s tech ecosystem has recently gained attention with two new fintech unicorns: South Africa’s TymeBank and Nigeria’s Moniepoint, both raising funds and achieving valuations exceeding $1 billion. However, these valuations are not just a sign of investor confidence but also reflect the companies’ ability to adapt disruptive fintech models originally designed for developed economies,…
By Charles Muchoki | Africa Guardian Interswitch Group has been announced as the Gold Sponsor for the Africa Fintech Summit (AFTS) 2024, set to take place in Nairobi, Kenya, from September 4-6, 2024. This sponsorship aligns with Interswitch’s ongoing expansion across Africa, marked by significant milestones such as the recent enhancement of its partnership with ACI Worldwide to modernize…