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Kuda Reduces Losses to $5.8 Million as Fintech Concentrates on
Kuda Reduces Losses to $5.8 Million as Fintech Concentrates on Achieving Profitability

January 14, 2026

Kuda Bank Targets 1.7 Million Active Users by 2026 Amid Reduced Losses Transitioning Towards Profitability Kuda Technologies, the parent company of Nigeria's leading digital lender Kuda Bank, has made significant strides in reducing its losses in 2024. The fintech has shifted its focus from aggressive growth to financial discipline and sustainable profitability. For the year,

Optasia secures $345 million in South Africa's biggest fintech initial
Optasia secures $345 million in South Africa's biggest fintech initial public offering.

November 7, 2025

LATEST NEWSNovember 6, 2025 at 7:31 UTC Optasia's Groundbreaking IPO: A New Era for African Fintech On November 4, 2025, Dubai-based fintech group Optasia made headlines by officially listing on the Johannesburg Stock Exchange (JSE). The Initial Public Offering (IPO) raised an impressive R6.5 billion ($345 million), showcasing strong interest from investors in African fintech.

How gcash managed to support 94 million users without issues
How GCASH Managed to Support 94 Million Users Without Issues

April 16, 2025

Free Newsletter Stay updated with the latest news from the Philippines' fintech sector every month. The Transformative Growth Journey of GCASH in the Fintech Landscape In the fast-paced world of digital finance, the ability to scale efficiently and maintain reliability is essential for any fintech service provider. Disruptions in transaction processes can lead to significant

Fintech mercury secures $300 million in series c funding led
Fintech Mercury secures $300 million in Series C funding led by Sequoia, doubling its valuation to $3.5 billion.

March 27, 2025

Mercury Raises $300 Million, Surpassing $3.5 Billion Valuation The digital banking startup Mercury has secured $300 million in both primary and secondary funding, elevating its post-money valuation to an impressive $3.5 billion, the company confirmed. Significant Fundraising Milestone This latest funding round has more than doubled Mercury's valuation from its previous funding round, where it

Old mutual's o'mari reaches 1.3 million users in its fintech
Old Mutual's O'Mari reaches 1.3 million users in its fintech initiative in Zimbabwe.

March 21, 2025

Old Mutual's O'Mari Fintech Platform: A Game-Changer in Zimbabwe's Financial Landscape Old Mutual has made significant strides in the fintech sector with its innovative platform, O'Mari. Launched recently, O'Mari has quickly gained popularity in Zimbabwe, attracting an impressive 1.3 million customers. This remarkable success underscores the rising demand for digital financial solutions in underbanked markets.