Afridigest Fintech Review: Carbon captures Vella to bring about business banking breakthrough
Week 7 2024: Feb 11-17
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:
• Two fintech financing transactions and two M&A deals were announced.
• News of the week: Tunisia joined the Pan African Payments and Settlement System (PAPSS) as its thirteenth central bank member and the first in North Africa. Afridigest released its January 2024 Africa Fintech Market Update report. The news broke that Nigerian payments unicorn Flutterwave reportedly invested ~$3M in Nigerian savings platform PiggyVest last year.
• Companies appearing in today’s Fintech Review: Carbon, Vella Finance, Egyptian Banks Co., WigWag, Flutterwave, eTranzact, Firstmonie, PayChangU, and more.
• Executives appearing: PAPSS' Mike Ogbalu, Turaco’s Ted Pantone, Mastercard’s Muhammad Nana, Paystack’s Amandine Lobelle, LoftyInc’s Idris Ayo Bello, University of California, Santa Cruz’s Professor Jonathan Robinson, Sasapay’s Daniel Kirungi Njoroge, Binance’s Hannes Wessels and Nadeem Anjarwalla, and others.
With that said, let’s get into it!
