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Zazuu, a London fintech focused on African remittance, has shut down after raising over $2 million due to insufficient funding, despite exploring all options.

TymeBank, a South African fintech, has expanded its customer base by 7%, reaching 10.7 million after a $250 million funding round valued at $1.5 billion. The bank's total deposits near R7 billion, and it plans to grow in Vietnam.

Egyptian fintech and a leading payment orchestration platform in Middle East and North Africa (MENA), MoneyHash, has secured $5.2 million in pre-A funding.
The round was led by Flourish Ventures – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney, and Neon –

Klasha, a Nigerian fintech, has secured an additional $2 million in funding, raising its total to $6.5 million. This investment will enhance cross-border B2B payment services between Asia and Africa, enabling seamless transactions with new operations in China and a Money Service Business license for the U.S.

Nala, a pan-African remittances company, raised $40 million in a Series A funding round to enhance infrastructure and expand globally. This funding will support Nala's payment solutions and the launch of its B2B platform, Rafiki, aiming for reliable, low-cost payments.

A startup fintech marroquina PayTic garantiu $4 milhões em financiamento de extensão de semente para melhorar a sua plataforma de operações de pagamento e expandir globalmente. Fundada em 2020, pretende simplificar as operações bancárias para instituições financeiras.

Kenya has introduced two innovative digital platforms aimed at enhancing the transparency and efficiency of government operations. The new systems, named:
The Presidential Directives Management Information System (PDMIS), and
The Foreign Travel Management Information System (FOTIMS)
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Polygon Labs, the Ethereum Layer 2 scaling solution, has launched Polygon zkEVM Mainnet, termed as an Ethereum scaling breakthrough that will make it possible for Ethereum to outpace Visa in terms of transaction throughput
In what Polygon Labs describes as a watershed moment for the Web3

Tether has launched Tether Edu, an educational division aimed at enhancing skills in blockchain and digital fields, particularly in emerging markets. This initiative emphasizes digital education as a catalyst for economic growth and sustainable development.

South African fintech startup, Peach Payments, has expanded into the Francophone Africa region through the acquisition of Senegalese fintech, PayDunya.

The Dakar-based fintech, PayDunya, started operations in 2015 after the Founder, Aziz Yérima, realised in 2013 that there were no options to in