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House Africa, a Nigerian prop-tech startup, has raised $400,000 to enhance its Sytemap platform, which uses blockchain for secure land transactions. It aims to increase real estate transparency and help users choose and pay for plots online, addressing fraud in land ownership.

12 fintech startups have made it to the final round of the 2024 Ecobank Fintech Challenge.
The finalists were announced at the semi-finals, which was held at the Ecobank Pan-African Centre in Lagos, Nigeria, with tie-ins from different countries such as France, Ghana, Côte d’Ivoire, Senegal, and

Aave has reached a record total value locked of $40.3 billion, showcasing its leadership in the DeFi space. Its innovative Aave v3 protocol, coupled with rising user interest and Ethereum's price surge, highlights DeFi's evolving landscape and Aave's ongoing influence.

Fedi, a financial and data technology company founded by Nigerian Bitcoin advocate, Obi Nwosu, has secured $17 million in a Series A funding round and is preparing to launch an alpha version of Fedi for builders later in May 2023.

“We are excited that with so much interest in this round, we

Tunisian fintech startup My Easy Transfer has secured €400,000 in funding to expand its services for the diaspora, which includes money transfers, mobile top-ups, and bill payments. Established in 2022, it already serves over 10,000 customers and aims to become a payment Super App.

Aella Credit has rebranded as Aella Microfinance Bank to enhance financial services in Nigeria. Founded in 2015, it aims for innovation and inclusivity, providing accessible loans and banking services while ensuring user security and compliance with regulations.

MTN's Ayoba app has achieved 20 million monthly active users in December 2022, doubling its user base from the previous year. The app offers messaging, voice and video calls, and over 100 content channels, emphasizing local content. Ayoba aims for 100 million users by 2025.

Xago, a pioneering South African crypto fintech, has launched Xago Australia Pty Ltd, now registered with AUSTRAC as a Digital Currency Exchange. This expansion enhances its compliance and global reach, facilitating seamless transactions in multiple currencies.

IR4LAB plans to expand into Africa, focusing on innovation in blockchain and AI, as announced at Gitex Africa. The company aims to enhance the continent's digital economy and local capabilities, showcasing blockchain applications in industrial inspection and maintenance.

TymeBank has secured $250 million in a Series D funding round, achieving a $1.5 billion valuation and joining the ranks of African fintech unicorns. Led by Nubank, TymeBank aims to expand its digital banking services in emerging markets like Vietnam and Indonesia.