BitKE

Anchor, a fintech startup from Nigeria, has raised $2.4 million in seed funding led by Goat Capital. With partnerships in embedded finance, it offers APIs for banking and payment solutions, facilitating growth for fintechs and SMEs. Since its launch in August 2022, Anchor has expanded its client base from 30 to 270 and achieved notable transaction volumes.

The FSCA has licensed 75 crypto asset service providers in South Africa, allowing them to offer advice, intermediary services, and investment management. The authority continues to process 374 applications and emphasizes that crypto assets are not recognized as currency.

Nuzo, an eCommerce platform in Kenya, allows users to earn Nuzo tokens while shopping. These tokens can be used for goods, bills, and crypto swaps. The founder emphasizes community ownership to boost eCommerce, addressing challenges faced by other platforms in the country.

In 2025, stablecoin transaction volumes soared to $33 trillion, a 72% increase from 2024, driven by robust use of USD Coin (USDC) and Tether's USDT amidst regulatory clarity in the U.S., enhancing their roles in digital finance.

A crypto airdrop is an activity typically performed by blockchain-based startups to help bootstrap a virtual currency project. Its aim is to to spread awareness about the cryptocurrency project and to encourage more people to participate in it when it becomes available.
Coins or tokens are sent

Paystack has led a consortium to acquire the struggling Nigerian fintech company Brass, enhancing its growth potential with experienced investors. Brass, founded in 2020, focuses on providing financial products for businesses and has seen rapid growth.

EchoVC, a venture capital firm headquartered in Lagos, Nigeria, has announced its maiden blockchain fund ‘EchoVC Chain,’ with a budget of $8 million. The fund is being piloted to support under-represented founders and under-served markets.
“Over the past few years at EchoVC, we have become

LoftyInc Capital has launched the $43 million LoftyInc Alpha Fund to support late-seed tech startups in Africa, addressing capital shortages and focusing on sectors like financial services and healthcare. The fund has drawn investments from diverse global and regional sources, enhancing Africa's entrepreneurial landscape.

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.