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Africa

Africa: Techmoni Africa Is Now Live – Dedicated Online News Publication for Fintech, Web3, and Forex

eriinfo.com2 weeks ago03 mins

The publication provides exclusive coverage of financial technology, blockchain, cryptocurrency, decentralised finance, and forex trading developments across Africa. Techmoni Africa, the go-to destination for Fintech, Web3, and Forex news in Nigeria and Sub-Saharan Africa, has announced its official launch. The publication provides exclusive coverage of financial technology, blockchain, cryptocurrency, decentralised finance, and forex trading developments…

Africa

Africa: Prembly Launches Fraudlens to Track Fintech Fraud in Africa

eriinfo.com2 weeks ago07 mins

Prembly, a Nigeria-based digital security and identity verification company, launched FraudLens, an open-source fraud intelligence platform designed to help financial institutions and digital businesses detect and prevent fraud. The platform aggregates fraud data from identity verification checks and reported incidents across businesses that use Prembly’s technology. FraudLens begins with data from Nigeria and aims to…

Africa

African Startups Raise $575m As Fintech Investing Loses Momentum

eriinfo.com2 weeks ago06 mins

Fintech remained the largest recipient of startup investment in Africa in early 2026, but funding data shows investors expanding into logistics, transport and energy. African startups raised $575 million across 58 deals between January and February 2026, according to TechCabal. In January, fintech companies led funding activity with $131.6 million raised. Major funding rounds from…

Fintech firm Optasia posts R4.4bn revenue on maiden JSE results

eriinfo.com2 weeks ago07 mins

Salvador Anglada, Optasia CEO. Artificial intelligence (AI)-led fintech Optasia has reported strong financial results for 2025, delivering revenue growth of 76% in its first full year after listing and exceeding guidance provided during its initial public offering (IPO). Optasia listed on the JSE in November last year, raising about R6.5 billion through its IPO and…

Households still under big pressure, Altron Fintech index shows

eriinfo.com2 weeks ago08 mins

The results of the Altron FinTech Household Resilience Index (AFHRI) for the third quarter of 2025, released on Thursday, show that South African households experienced welcome — though still modest — relief during 2025. While the AFHRI recorded a healthy year-on-year improvement of 2.1% (largely in line with GDP growth rate), the average annual rise…

Fintech industry association adds more members

eriinfo.com3 weeks ago03 mins

The founding members of the Association of South African Payment Providers. The Association of South African Payment Providers (ASAPP) has expanded its membership from eight to 15 companies. Launched by SA’s fintech industry players, ASAPP aims to help ensure fair access to payment infrastructure, reduce the wholesale cost of digital payments, and enhance transparency and…

Cape Town fintech NjiaPay secures R35m in seed funding

eriinfo.com3 weeks ago03 mins

NjiaPay has secured $2.1m (R35m at R16,66 per US dollar) in seed funding led by European investor Newion Partners to expand its payment orchestration platform across Africa. Left: NjiaPay CEO Jonatan Allback, Right: NjiaPay CPT Roderick Simons | image source: NjiaPay The Cape Town-based fintech provides software that helps businesses manage multiple payment service providers…

ITWeb TV: Altron FinTech looks to unlock SA’s kasi economy

eriinfo.com3 weeks ago011 mins

In this episode of ITWeb TV, Johan Gellatly, MD of Altron FinTech, discusses the company’s several initiatives to boost financial inclusion in South African townships, as well as the challenges the kasi economy is facing in regards to digital payments adoption. #Altron #Fintech #FinancialInclusion Altron FinTech is stepping up efforts to digitise payments within South…

Nedbank partners with Crypto.com to drive blockchain-based fintech in Africa

eriinfo.com4 weeks ago03 mins

Nedbank has partnered with Crypto.com to roll out payment, settlement and liquidity solutions in Africa. Nedbank has partnered with global crypto-currency exchange Crypto.com to develop blockchain-based payment, settlement and liquidity solutions across Africa. As global trade evolves, Africa’s reliance on legacy payment rails has introduced significant challenges – including high settlement costs, currency volatility and exposure…

How fintech, real-time data and retail tech are redefining loyalty in SA

eriinfo.com2 months ago013 mins

As South African consumers navigate rising living costs and persistent economic pressure, loyalty programmes have evolved from “nice-to-have” perks into essential value engines. Thabiso Msimanga, Head of Customer at X, Bigly Labs by Dis-Chem. Image supplied At the same time, fintech innovation, real-time data and AI-powered retail technology are converging to reshape what loyalty looks…