State of Tech in Africa 2025

Hi Fintech friends 👋,

Meet Us at Stable Salons Africa – Nairobi, Feb 10

We are launching Stable Salons Africa – curated, operator-focused conversations on stablecoins, treasury management, and cross-border liquidity.

The first salon brings together senior fintech operators and regulators in Nairobi for practical dialogue and high-signal networking.

Supported by Binance, Utila & Checker.Join us:

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

  • Two funding deals were announced.

  • Nigeria’s dearest Fintech just became a bank.

  • The world’s biggest ride-hailing platform dropped card payments in Kenya.

  • Nigeria’s Neo Bank cut losses to $5.8 Million, processed over $20 Billion and planned to launch in Tanzania and Canada.

Join an online community of TWIF Premium members and enjoy exclusive fintech conversations, private events, roundtable discussions, networking, job matching, and premium industry insight - all in one place.

💸Fundraise and Exits

  • Paycrestraised a $404K pre-seed round to build decentralised stablecoin-to-fiat settlement infrastructure.

  • Cardtonicraised $2.1 Million in seed funding to build an independent B2B card spend management platform.

💰 Venture Funds

  • Circle Ventureslaunched the Arc Builders Fund.

🚀 Partnerships & Product Launches

  • Airtel Money planned to launch an overdraft service to break M-pesa’s Fuliza monopoly.

  • Kuda Bank planned to launch in Tanzania and Canadaafter processing over $20 Billion in 2025.

  • Capi Money UK secured FCA EMI AuthorizationtoAccelerate UK–Africa Payments.

👔 Leadership Lineup

  • Flutterwave CEO shared why Regulation Is the Secret Ingredient To Innovation.

📰 News of the Week

  • PaystackacquiredLadder Microfinance Bank to move beyond traditional payments.

The deal granted Paystack a microfinance banking license, enabling the company to hold deposits and issue loans, capabilities it could not previously offer under its switching and payments-only license.

👀 Eye Openers

  • Uber dropped Visa card payments in Kenya. What is the future of global payment providers in Africa?

📑 Read of the week

  • 2026 preview: Industry regulations that fintechs should watch out for this year. (TechNext)

  • We should all be prophets. (Ngozi)

📖 Other News, Reads, and Media

  • Safaricom clarified automatic M-PESA deductions for Kenya’s health levy.

  • Kuda cut losses to $5.8m as Fintech shifted focus to profitability.

🪙 Stablecoin Watch

  • Nigeria doubled capital thresholds for digital asset platforms to $1.4 Million.

  • Nalapartnered with UK-based payments infrastructure provider Noah to launch a stablecoin-powered cross-border settlement network connecting Africa and Asia.

🎥 VIDEO INTERVIEWS/DISCUSSIONS

  • Interview with David Nandwa, Founder and CEO of HoneyCoin, a cross border payments company which processes $150 Million monthly. He shared what it takes to move money across borders reliably, fast and affordably.

🦉 Tweet of the Week

❝

A few notes on Flutterwave's Mono acquisition:

> Congrats to both teams, never easy getting across the finish line. I see talent concentration as the win above all.

> Much too early to tell how this turns out financially. All stock deal means the FLW price matters and this deal…— Stephen Deng (@mrstephendeng) January 6, 2026

Made in Tanzania 🇹🇿 with 💚

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