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

  • Established giants recruited veteran executives to strengthen their operational leadership teams.

  • Regional startups secured significant funding rounds to scale digital payment infrastructure.

  • A global payment giant tapped a local startup for speed.

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💸Fundraise and Exits

  • NectarFi launched a crypto finance app with $170K in new funding.

💰 Venture Funds

  • Endeavor SA closed a $13.6M Harvest Fund for local tech scale-ups.

  • African tech startups raised $382M in the first quarter of 2026.

🚀 Partnerships & Product Launches

  • Duplo and Ozow partnered to automate South African business payment systems.

  • Visa and BCC signed an agreement to modernize payments in Congo.

  • Belmoney and RwandaCash expanded digital remittance services from the European Union.

  • ZTE and Damane Cash partnered to accelerate Morocco's digital payment revolution.

  • Yellow Card partnered with Helicode to streamline cross border payroll services.

👔 Leadership Lineup

  • Cellulant hired a former Xapo Bank executive as Chief Operating Officer.

  • Cauridor tapped a former Flutterwave operations chief as Chief Operating Officer.

📰 News of the Week

  • MoneyGram partnered with Nala to integrate stablecoins as primary payout infrastructure.

‘‘Money moved slower than the people depending on it.’’ Anthony Soohoo. The partnership aims to deliver faster and more reliable payouts across Africa. This strategic move utilizes stablecoin rails to fix long standing cross border payment delays. Both companies plan to deploy this infrastructure to serve high need regions. This integration represents a broader strategy to modernize global financial settlement systems.

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👀Eye Opener

📑 Read of the week

  • Africa runs on digital payments. Now it must build for reliability. (Read here)

📖 Other News, Reads, and Media.

  • KCB Bank and Craft Silicon launched a new digital tourist app.

  • Malawi is moving toward a cashless economy using India's digital payment model.

🪙 Stablecoin & Crypto Watch

  • Kredete partnered with Visa to expand stablecoin card services across Africa.

  • Hyperbridge suffered a hack where attackers stole $237K in wrapped DOT.

🎥 Video Interviews/Discussions

  • Samora Kariuki and Onafriq CEO Dare Okoudjou discuss building Africa’s financial infrastructure, navigating the "fax machine problem," and why mobile money must evolve to survive the stablecoin era.

🦉 Tweet of the Week

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