Afridigest Fintech Review: April recap
Afridigest is your intelligent guide to tech in Africa. The Fintech Review is a (usually) weekly recap of what matters in African fintech.
📌 ICYMI, the last Fintech Review covered March and is available here. Today’s Fintech Review covers the entire month of April. And the next one will cover the month of May. We’ll be back to our regular weekly coverage shortly. Thanks for reading 🙏🏽
On to the month’s highlights:
• Ten debt & equity fintech financing transactions were announced totaling $35M+
• News of the month: 1) Nigerian fintech infrastructure API provider ThePeer is closing down — was it too early or did something else happen? 2) Kenyan payments juggernaut Cellulant announced a cadre of new C-suite executives after losing its CEO & other senior leaders last year. 3) The Central Bank of Nigeria (CBN) ordered four of Africa’s largest fintechs to suspend onboarding new customers until further notice.
• Companies appearing in today’s Fintech Review: ThePeer, Paga, Mono, Onafriq, Yoco, Souhoola, Leatherback, Ivorypay, Moniepoint, Mukuru, Lemfi, Pesa, & others.
• Executives appearing: Paga’s Tayo Oviosu, Branch’s Matt Flannery, Helios’ Elias Yazbeck, MTN South Africa’s Bradwin Roper, Lula’s Trevor Gosling, MoneyHash’s Nader Abdelrazik, Quona Capital’s Johan Bosini, Smile ID’s Mark Straub, Chipper Cash’s Brett Magrath, Luno’s Christo de Wit, Trove’s Oluwatomi Solanke, the IFC’s Emmanuel Nyirinkindi and Jessica Schnabel, Microsoft Africa’s Lillian Barnard, Sparkle’s Uzoma Dozie, Transunion Kenya’s Morris Maina, Mukuru’s Lorraine Nyawo, Verto’s Anthony Oduu, Finch Technologies’ Christopher Ball, & others.
With that said, let’s get into it!
April 1-30, 2024
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