Kenya's UBA Fined for Breaching Capital Requirements
UBA Kenya fined by Central Bank for failing to meet capital requirements, alongside 11 other banks, sparking concerns over financial stability.
Fintech
OmniRetail Acquires Traction Apps, Boosting Fintech Capabilities
OmniRetail acquires Traction Apps, expanding its fintech services and strengthening its position in B2B e-commerce
Open Banking Revolution: Empowering Customers, Disrupting Lending
Open banking enables customers to share financial data, leveling the playing field for fintechs and traditional banks, and transforming the lending landscape.
Remote Launches Equity Management Tool for Global Teams
Remote Equity simplifies stock option plans for international employees, integrating with Carta for seamless cap table management.
Sterling Bank Unveils Custom Core Banking Software SEABaaS
Nigerian bank Sterling Bank launches SEABaaS, a custom-built core banking software, to license to fintechs and banks, promising cost savings and agility.
DGLegacy Unveils Digital Legacy Planning App at TechCrunch Disrupt
DGLegacy's app helps users ensure loved ones inherit assets, detects fatal events, and supports beneficiaries in claiming assets
Digital Legacy Planning App Secures Assets
New app ensures assets are protected and loved ones can claim ownership in case of unforeseen events
Fintech Disruptor Slice Enters Indian Banking Market
Indian fintech Slice merges with North East Small Finance Bank, gaining access to lower-cost capital and direct control over lending operations.
Moniepoint Hits $1B Valuation with $110M Funding
Nigerian fintech startup Moniepoint raises $110M, tripling valuation to $1B, becoming Africa's 8th unicorn
