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Flutterwave, Africa’s largest fintech company, has finalized the acquisition of Nigerian open banking startup Mono in an all-stock deal estimated to be worth between $25 million and $40 million, according to sources close to the transaction. This landmark deal represents one of the most significant consolidations in Africa’s fintech infrastructure…

Trouble continues to mount for WeBuyCars as the company faces a R2.5 million administrative fine and is ordered to refund over R3.4 million to affected consumers after regulators ruled that its sales terms violated South Africa’s Consumer Protection Act (CPA). This regulatory blow comes at a time when WeBuyCars is…

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