Tag: FinTech

How AI Is Shaping Klarna’s Future: Workforce Reductions and Increased Pay

Klarna, the buy now, pay later company, plans to significantly reduce its workforce through efficiencies gained from artificial intelligence (AI). After cutting its staff from 5,000 to 3,800 over the past year,...

The Ultimate Guide to Building a Successful Fintech Startup in Africa

Africa is rapidly becoming a hub for financial technology (fintech) innovations, driven by the rise of mobile money and other digital financial services. This guide will walk you through the essentials of...

How Ericsson and MTN are Revolutionising Mobile Financial Services

Michael Wallis-Brown, Group Head for Ericsson Mobile Financial Services, recently highlighted Ericsson and MTN's unique and game-changing collaboration. Unlike any other, this partnership is pioneering advancements in mobile financial services across the...

PayPal Launches Stablecoin on Solana in $2.6 Trillion Market

In its ongoing rivalry with Ethereum, Solana has secured a significant partnership with an unexpected ally—PayPal. On Wednesday, the online payments giant announced that its stablecoin, PayPal USD (PYUSD), is now available on...

Flutterwave Security Breach

In a recent security incident, Flutterwave, a leading African fintech company, lost between ₦ $11 billion ($7 million) and ₦ $20 billion ($13.5 million) due to unauthorized transactions. This breach occurred just...

African FinTech companies advance African technologies

Introduction African FinTech companies are at the forefront of technological advancements on the continent. With their innovative solutions, these companies are not only revolutionising the financial sector but also playing a pivotal role...

Africa’s tech boom

Introduction In recent years, Africa has experienced a remarkable technological transformation. What was once known primarily for its natural beauty, diverse cultures, and historical significance is now emerging as a hub for innovation...

African digital payment companies

Introduction: Africa's digital payment landscape has seen remarkable growth in recent years, transforming how people manage their finances and conduct transactions. These innovative digital payment companies have played a pivotal role in fostering...