Afridigest Fintech Review: A tale of two neobanks
Week 3 2024: Jan 14-20
Afridigest is your intelligent guide to tech in Africa. The Fintech Review is a weekly recap of what matters in African fintech.
Here are the week’s highlights:
• Three fintech fundraises and one M&A deal were announced across the continent.
• News of the week: Nigerian business banking platform Glade Finance is reportedly in talks to be acquired. Several Egyptian banks imposed new international credit card transaction limits as the country wrestles with its worst foreign currency crunch in decades. And there’ll be an Afridigest Live in-person event in Lagos on the earned wage access business model next month.
• Companies appearing in today’s Fintech Review: Ukheshe, Kuda, TymeBank, Onafriq, Pezesha, Pesaflow, Uzapoint, Centrika, M-Pesa Africa, CashEx, Kaoshi, Daba Finance, Kippa, Paymob, Glade, FagoPay, and others.
• Executives appearing: Kuda’s Babs Ogundeyi, Earnipay’s Nonso Onwuzulike, Salad Africa’s Chikodi Ukaiwe, Incash’s Sudhanshu Gaurav, Zuberi’s Julian Owusu, Onafriq’s Funmi Dele-Giwa, Paymentology’s Kirsten Wortmann, Nala’s Benjamin Fernandes, Eversend’s Stone Atwine, Vodacom’s Mariam Cassim, Nedbank’s Chipo Mushwana, Aku’s Adaeze Onwumere, Moniepoint’s Edidiong Uwemakpan, Affinity’s Tarek Mouganie, SecondSTAX’s Eugene Tawiah, EMURGO Africa’s Ahmed Amer, Tala’s Mumbi Annstella, MTN’s Adoma Owusu, Fidelity Bank Ghana’s Kwame Aduansere, Okra’s Fara Ashiru, Turaco’s Leona Abban, Founders Factory Africa’s Francis Tay, Afropolitan’s Eche Emole, Ifunanya Chiegboka, and others.
With that said, let’s get into it!
