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Ecobank Group - blockbuild

Ecobank Group announces the Top 5 Finalists in its 2021 Fintech Challenge

Finalists to compete for the top prize and could be inducted into the coveted Ecobank Fintech Fellowship to pursue commercial partnerships with the Ecobank Group, with access to 33 presence markets across Africa; opportunity to pursue integration with Ecobank and potentially launch products with the Group; mentoring and networking forums leveraging the Group’s partners; Priority…

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Fintech Transformation - blockbuild

Africa’s Fintech Transformation: Traditional Banks can still gain an Edge

This latest report in CR2’s Market Insight series discusses how Africa represents a massive market that is providing opportunity for investors to bring large segments of the continent’s unbanked online Africa is in the midst of a fintech transformation. Millions of Africans are now connected to financial services as a result of hundreds of start-ups. However, with…

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Evolve Credit - blockbuild

Evolve Credit launches Configure to accelerate Inclusive Credit Access in Africa

Evolve Credit has launched Configure Cloud Lending Platform, a core lending solution that enables lenders to manage the entire loan process flexibly, reliably, and cost-effectively. Evolve Credit is a SaaS company that provides lending infrastructure for Africa and emerging markets. One major problem that the credit industry in Nigeria and the rest of Africa is still dealing…

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Lemonade Finance - blockbuild

Fintech Startup Lemonade Finance secures $725k Pre-seed Funding

Nigerian fintech startup Lemonade Finance has secured a US$725,000 pre-seed funding round. Led by Y Combinator, other investors that took part in the funding round include Ventures Platform, Acuity Venture Partners and Microtraction. Early this year, Lemonade Finance founded by Ridwan Olalere and Rian Cochran made the list of Y Combinator’s W21 batch. The platform allows Africans to…

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AppZone - blockbuild

Fintech Firm Appzone launches Blockchain-based Digital Payments in Africa

Fintech software company Appzone Group declare the launch of Zone, a blockchain platform for making payments. With this new system, Appzone Switch facilitates local and regional payments in fiat and digital currencies. Although AppZone makes fintech and banks do transactions with a centralized electronic financial transaction (EFT) switches. Thou EFTs lead to long delays, especially in…

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Brass - blockbuild

Nigerian Fintech Startup Brass raises $1.7M Financing Round

Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and fast-growing businesses. The financing round sees participation from Olugbenga ‘GB’ Agboola (Co-Founder of Flutterwave), Ezra Olubi (Co-Founder of…

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Carbon - blockbuild

Carbon partners Network International to boost Digital Payment Offering

Agreement to support greater financial inclusion among unbanked in Nigeria Pan-African fintech startup and digital bank Carbon has partnered with Network International, the leading enabler of digital commerce across Africa and the Middle East, as part of its plan to boost its digital payment offering. Under the agreement, Network International will issue and process physical Visa debit…

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