Afridigest is your intelligent guide to Africa’s tech ecosystem. The Fintech Review is a weekly recap of what matters in African fintech. And today’s edition is a long one.
On to the week’s fintech highlights:
• Six fintech fundraises were announced across Africa this week.
• News of the week: Beleaguered Ghanaian digital wallet & unified payments network Dash is laying off staff and reportedly shutting down. Flutterwave announced a new stablecoin partnership. Egyptian banks suspended the use of local debit cards outside the country to stop a drain on forex.
• Companies appearing in today’s Fintech Review: Dash, Stitch, Djamo, Thunes, Kacha, Flutterwave, Paystack, telebirr, Bank Zero, Koree, and others.
• Executives appearing: AZA Finance’s Elizabeth Rossiello, Stitch’s Kiaan Pillay, Bank Zero’s Michael Jordaan, Flutterwave’s Olugbenga ‘GB’ Agboola, Paystack’s Joel Bronkowski & Ezra Olubi, CVVC’s Gideon Greaves, Standard Bank’s Rato de Mendonça, Arise’s Gavin Tipper, Touch & Go’s Michael Oluwole, Ecobank’s Dr. Tomisin Fashina, Union54’s Perseus Mlambo, Dan Kleinbaum, and more.