Stanbic IBTC Holdings Plc, the Nigerian subsidiary of Standard Bank Group, has announced plans to recapitalize its fintech arm, Zest Payments Limited, with an investment of ₦4 billion (approximately $2,480,040). This funding is part of a larger capital raising exercise aimed at securing ₦148.71 billion, with the allocation to Zest…

LinkedIn, the prominent social networking platform dedicated to professional networking and job-related discussions, has seen its visibility within Microsoft’s earnings reports diminish since its acquisition. This is in contrast to the more pronounced financial disclosures it provided as an independent entity. Nevertheless, during earnings announcements, LinkedIn frequently shares key metrics…

CreditChek, a prominent provider of credit assessment infrastructure in Africa, has forged a strategic partnership with CredPal to offer essential creditworthiness and identity verification services for CredPal’s newly launched credit card business. This collaboration signifies a crucial advancement for CreditChek as it reinforces its commitment to making credit more accessible,…

LemFi has successfully acquired the Irish currency exchange platform Bureau Buttercrane, marking a significant milestone in its European expansion strategy. This acquisition, which has received regulatory approval from the Central Bank of Ireland, allows LemFi to leverage its Irish license to operate throughout the European Economic Area (EEA), thereby unlocking…