In 2024, Stablecoins accounted for 43% of crypto transaction volume in Sub-Saharan Africa

Hi Fintech friends 👋,

Before we begin, i’m excited to share that This Week in Fintech, in partnership with Binance and Utila, is bringing Stable Salon to Africa; a curated series of operator-led discussions on stablecoins and the future of fintech. Get involved.

Here are the highlights of what happened in African Fintech this week;

  • A solar financing platform expanded into smartphone financing.

  • Africa’s most valuable fintech doubled down on its commitment to stablecoins.

  • Tanzania’s leading fintech secured a payment license and partnership approval in Uganda.

  • A VC’s latest investment signaled global capital’s push into Africa’s gig fintech sector.

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💸Fundraise and Exits

  • Woliza raised $2.2 Million to scale its Fintech business.

  • BuuPass and Fortune Credit secured $100K each from Africa Business Heroes competition.

💰 Venture Funds

  • Yango Ventures bet signalled global capital’s push into Africa’s gig fintech.

🚀 Partnerships & Product Launches

  • Nomba addedApple Pay optionto let Nigerian businesses sell globally.

  • Nalasecured both the Payment Service Provider (PSP) and Payment System Operator (PSO) licences from the Bank of Uganda.

👔 Leadership Lineup

  • 2025’s Fintech Controversies led by the Collapse of a Fintech Star Founder.

📰 News of the Week

  • Sun Kingexpanded into smartphones financing.

Sun King, which designs and sells solar products, has launched a pay-as-you-go (PayGo) installment payment model for smartphones, allowing customers to purchase smartphones without paying the full cost upfront. It will now compete with giants like M-Kopa and other fintechs like CD Care.

👀 Eye Openers

  • Moniepoint'sLate Mover Advantage.

📑 Read of the week

  • Africa’s most notable tech deal collapses in 2025. (Techcabal)

📖 Other News, Reads, and Media

  • Nigerian Banks and fintechs mandated to generate Tax IDs for account holders from January.

🪙 Stablecoin Watch

  • Flutterwaveinsisted that they are building the biggest Africa’s stablecoin platform.

🎥 VIDEO INTERVIEWS/DISCUSSIONS

  • Interview with Chris Maurice, founder of Yellow Card,  on how stablecoins fix broken fx markets.

🦉 Tweet of the Week

  • While PayPal is expanding into Africa, it now lets U.S. creators withdraw via stablecoins on PayPal.

❝

💥 @YouTube now lets US creators get paid in @PayPal PYUSD

US only? Sounds incremental

It isn’t. Here’s why:

• Micro-payouts finally make economic sense

• “Not touching crypto” is still the killer feature

• A wedge into embedded finance (creator wallets)

A thread 🧵 pic.twitter.com/tqMENrA0P4— Chuk (@chuk_xyz) December 12, 2025

Made in Tanzania 🇹🇿 with 💚

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