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Bamboo, a Nigerian investment app that enables Africans to trade U.S. stocks, has achieved a significant milestone by securing a U.S. broker-dealer licence through its affiliate, Bamboo Securities L.L.C. This accomplishment makes Bamboo the first Nigerian fintech to obtain such a licence, opening up exciting possibilities for retail and corporate…

MTN, Africa’s second-largest mobile network operator, is set to broaden its service offerings in South Africa by entering the banking sector. The company plans to leverage its extensive customer base to provide accessible banking services, particularly targeting underserved communities. This strategic move aims to enhance financial inclusion and provide consumers…

Kenyan fintech startup Leja has achieved a significant milestone by processing US$2 billion in B2B payments since launching its B2B payments service earlier this year. This remarkable achievement underscores Leja’s commitment to bridging the gap between micro, small, and medium enterprises (MSMEs) and financial institutions, empowering small businesses by streamlining…

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