Afridigest Fintech Review: Flutterwave forges ahead with fresh FX feature
Week 37 2023: Sep 10-16
Afridigest is your intelligent guide to Africa’s tech ecosystem. The Fintech Review is a weekly recap of what matters in African fintech.
On to the week’s fintech highlights:
• Three fintech fundraises were announced in Africa this week.
• News of the week: Flutterwave and Opera launched new products that are poised to play a big role in the future. The no-code movement continues as African fintech infrastructure players focus on ease of use. And crypto certainly isn’t dead in Africa — a number of new headlines point to its utility in various markets.
• Companies appearing in today’s Fintech Review: Flutterwave, Paystack, Yellow Card, Interswitch, Paychant, InnBucks, PayJustNow, Tugende, Lipa Later, Smile ID, Tembo, Djamo, Cenoa, Akiba Digital, Stitch, & others.
• Executives appearing: Tembo’s Victor Joseph, Smile ID’s Mark Straub, Moniepoint’s Tosin Eniolorunda, Bloc’s Edmund Olotu, PayJustNow’s Craig Newborn, Flutterwave’s Olugbenga Agboola, Mastercard’s Mark Elliott, Standard Bank’s Tsholo Ramokoka, Royal Park Partners’ Aman Behzad, & others.
⭐ Not interested in fintech? No problem: visit the Notifications section of your Account Settings page and deselect the Fintech option.
With that said, let’s get into it!
Note: Premium subscribers have exclusive access to the paid version of this Fintech Review which includes details on fintech fundraises, product launches, new partnerships announced, and more. Become a premium subscriber for access:
Week 37 2023: Sep 10-16
Three fintech deals were announced for ~$6M in disclosed funding this week.
📰 Thought of the WeekThe news of the week was Flutterwave’s launch of Swap.
I’m still talking to folks and getting a better sense of what it means, but it seems like a pretty big deal.
In the meantime, here’s one important tip from Moniepoint’s Founder & CEO Tosin Eniolorunda:
Watch the full interview with Tosin on how he built Nigeria’s largest business banking platform here.
➠ And kindly subscribe to the Afridigest Youtube channel. We embrace the days of humble beginnings, but it’d be great to cross 100 subscribers soon — and all it takes is you. 🙏🏽
🗣️ Opportunities South African lending-as-a-service platform Akiba Digital is hiring a Chief Operating Officer.
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