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Standard Chartered exits several markets in Africa through sale of subsidiaries to Access Bank

Standard Chartered is selling its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone to Nigeria's Access Bank, as part of its plan to...

African fintech M-Kopa secures $200m debt financing and $55m equity funding

African fintech firm M-Kopa has secured $200 million in sustainability-linked debt financing and $55 million in equity funding. The debt financing was led by...

Nigerian paytech Nomba raises $30m in pre-Series B round

Nigeria-based payment services provider Nomba has raised $30m in a pre-Series B funding round led by Base10 Partners. The firm plans to expand its...

Smile Identity acquires Appruve to expand across Africa

Nigerian ID verification platform Smile Identity has acquired Appruve's parent company, Inclusive Innovations, for an undisclosed amount. Smile Identity aims to expand its reach...

Nigerian paytech VigiPay taps ThetaRay for Sonar AML solution

Nigerian paytech VigiPay has partnered with ThetaRay to use its Sonar anti-money laundering (AML) solution for safeguarding its business against financial crime, including sanctions...

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