Nomupay Raises $37 Million to Expand Cross-Border Payment Solutions
Dublin-based startup Nomupay secures funding to tackle complex payment scenarios in Asia and the Middle East, leveraging Wirecard's regional licenses.
Fintech
Numia Raises $3.5 Million to Unify Customer Service Channels in LatAm
Argentina-based Numia secures seed funding to integrate customer service channels for large enterprises and banks in Latin America, leveraging AI for personalized customer journeys
Oui Capital Returns Debut Fund with 53x Return on Investment in Moniepoint
Early-stage African investor Oui Capital returns its $4 million debut fund following the sale of shares in fintech unicorn Moniepoint, generating an $8 million return.
Palmpay Appoints Femi Hanson as Marketing and PR Head for Nigerian Subsidiary
Palmpay, a pan-African fintech, has named Femi Hanson as the new marketing and public relations head for its Nigerian subsidiary, tasked with growing the business in its largest market.
Palmpay Partners with Jumia to Expand Online Payment Options in Nigeria
Chinese-backed fintech app Palmpay partners with Jumia to enable customers to pay for products directly from their accounts, eliminating card processing fees.
Paystack Integrates OPay, Enabling Merchants to Accept Payments Directly from Millions of Accounts
Stripe-owned Paystack partners with OPay to offer merchants a new payment option, cutting out debit cards and reducing transaction costs.
Paytm Sells Stake in Japanese Payments Firm PayPay to SoftBank for $279.2 Million
Indian digital payments company Paytm offloads non-core assets, bolstering cash reserves amid regulatory challenges in India's competitive market
Peak XV and HongShan Lead $10M Seed Investment in Neobank KAST
Indian and Chinese investment firms co-lead seed funding in KAST, a dollar-denominated neobank platform enabling users to hold and spend stablecoins through traditional payment avenues.
Piggyvest Reaches 5 Million Users, Processes ₦2 Trillion in Transactions
Nigerian savings platform Piggyvest achieves significant milestones, crossing 5 million users and processing over ₦2 trillion in transactions in 2024.
