digital payments

Two major fintech moves signal deeper integration of financial services into everyday digital platforms across West Africa, targeting gig workers and payment users.

Kenya's largest bank is moving into digital payments infrastructure while a Nigerian initiative trains 200 girls in coding, highlighting Africa's push to expand both fintech services and tech talent pipelines.

Nigerian fintech Smartcash has eliminated transaction fees on transfers and bill payments targeting unbanked populations, while Elon Musk announced X Money will enter early public access in April 2026.

Nosh pivots from digital payments into global connectivity with eSIM service across 136 countries, while Nigeria's TermFund launches platform to finance school fees for families facing upfront payment pressures.

From compliance automation in Europe to cashless payments in Zambia, a new wave of funding and partnerships signals the technology sector's shift from experimentation to essential infrastructure across emerging markets.

Nigeria's first smart city app, a multi-currency payments platform for African startups, and a $75M cybersecurity raise signal growing investor confidence in Africa's tech ecosystem.

WafR's oversubscribed seed round highlights growing investor appetite for retail digitization platforms, while payment infrastructure developments signal accelerating financial inclusion across the continent.

The global payments giant has confirmed a security incident affecting a limited number of users, prompting immediate protective measures as unauthorized account activity was detected.

Bluebulb's Orbita treasury platform and Flutterwave's Send App '2025 Postcards' campaign represent divergent but complementary approaches to solving Africa's persistent cross-border payment challenges, targeting businesses and diaspora communities respectively.

Africa's payments giant Interswitch has rolled out simplified digital payment channels for students registering for Nigeria's 2026 university entrance examinations, addressing longstanding friction points in the country's education-to-digital pipeline.

Monica Cash processes over N500 billion in three years of operations while the Nigerian-British Chamber of Commerce presents economic reforms to UK investors weighing emerging market exposure amid private credit opportunities.

Dr. Stanley Uzochukwu, Chairman of Stanel Group, has described Flutterwave founder Olugbenga Agboola as a global asset, underscoring Nigeria's growing influence in African fintech innovation and digital payments infrastructure.

Pan-African payments company Nairagram has closed a ₦10 billion capital raise to scale digital financial infrastructure across the continent, positioning itself to capture growing cross-border payment flows.

Fintech maintained its position as Africa's top-funded tech sector in 2025, capturing the largest share of venture capital while Flutterwave celebrated ten years of operations with over 50 regulatory licenses across global markets.

While Jumia exits Algeria and narrows focus to chase profitability, Redtech is betting big on pan-African expansion. The diverging strategies reveal how Africa's tech giants are rethinking scale in 2026.