Signzy Confirms Security Incident, Investigation Underway
Signzy, a leading ID verification and customer onboarding service provider, confirms a security incident, sparking concerns among its clients and the fintech industry
Fintech
South Africa's Tyme Group Joins Elite Fintech Unicorn Club with $250 Million Series D Funding
Tyme Group, a digital banking leader, secures $250 million in Series D funding, becoming one of Africa's newest fintech unicorns and targeting Southeast Asia expansion and public listing by 2028.
South Africa's Tyme Group Raises $250 Million, Becomes Africa's Ninth Unicorn
Tyme Group, a South African digital lender, has raised $250 million in a Series D round, valuing the company at $1.5 billion and making it Africa's ninth unicorn.
Stablecoin Technology Revolutionizes Cross-Border Payments, Fintech Startups Raise Millions
Juicyway processes $1 billion in cross-border payments using stablecoin tech, while fintech startups like Mynt, Upvest, and CarDekho SEA secure significant funding rounds
Starlink Ordered to Cease Operations in Namibia, Cyberattacks Rock Africa's Tech Ecosystem
Elon Musk's Starlink faces setback in Namibia, while cyberattacks target Uganda's central bank and Nigerian fintech, and Paystack introduces new feature
Stitch Acquires ExiPay to Offer Omnichannel Payment Solutions to Enterprises
South African fintech startup Stitch acquires ExiPay to integrate online and in-person payments, expanding its product offerings to large enterprises.
StoreCash Secures $3.7 Million in Seed Funding to Revolutionize Mobile Payments
StoreCash, a mobile payment solution, raises $3.7 million in seed funding to expand product development and team, aiming to help Americans build generational wealth.
Streamlining Cross-Border Payments in Africa: Speed, Affordability, and Accessibility Key to Growth
African businesses and consumers need cross-border payment solutions that prioritize speed, affordability, accessibility, and reliability to drive growth and build trust.
Stripe Lays Off 300 Employees, Plans to Grow Headcount by 17% Despite Cuts
Fintech giant Stripe announces layoffs affecting 300 employees, largely in product, engineering, and operations roles, despite plans to increase headcount by 17% by the end of the year.
