Afridigest Fintech Review: Mobile money milestones
Week 6 2024: Feb 4-10
Afridigest is your intelligent guide to tech in Africa. The Fintech Review is a weekly recap of what matters in African fintech.
Happy Super Bowl Sunday, friends 🏈 Across the continent, however, all eyes are on what I’m told is 'real' football ⚽ Good luck to Nigeria's Super Eagles 🦅 and the Ivorian elephants 🐘 in today’s AFCON final.
On to the week’s highlights:
• Three fintech financing transactions and one M&A deal were announced.
• News of the week: Mastercard is dishing out $200 million to buy a ~4% stake in MTN’s mobile money & fintech unit.
• Companies appearing in today’s Fintech Review: MTN, Paystack, LemFi, Jumo, Mira, Lesaka, and others.
• Executives appearing: MTN’s Ralph Mupita, Yellow Card’s Jason Marshall, Bocconi University’s Nicola Limodio, Fonbnk’s Christian Duffus, Hydrogen’s Kemi Okusanya, Peach Payments’ Rahul Jain, Brolly’s Bernard Baah, ICTD’s Martin Hearson, Mukuru’s Juan Seco, VAS-X’s Craig Palmer, Network International’s Richard Kadiaka, and others.
With that said, let’s get into it!
