BitKE

Breega, a French VC firm, has launched its first African fund, Breega Africa Seed I, with $75 million to invest in early-stage startups across Africa. The fund focuses on sustainable innovations in key sectors and has opened offices in Lagos and Cape Town to manage investments.

MetaMask partners with MasterCard to launch a debit card linking to self-custody wallets, enabling crypto payments globally. The card, issued by Baanx, will facilitate immediate crypto-to-fiat conversions, enhancing financial access for users, especially the unbanked.

Egyptian digital lending startup Blnk was awarded the Fintech Enabler title at the Egypt Entrepreneur Awards for its innovative point-of-sale lending solutions, enhancing financial inclusion in a market with low credit card usage.

The Bank of Ghana is inviting innovators, particularly financial service providers, to join its regulatory sandbox from February 13 to March 14, 2023, aimed at testing new digital financial services and addressing inclusion challenges.

BoundlessPay, a Nigerian digital banking platform, has secured seed funding from Adaverse to simplify cross-border transactions for Africans. Utilizing blockchain technology, it offers a mobile and web platform for convenient currency operations, stablecoin usage, and a commitment to supporting the Cardano ecosystem.

Axis, an Egyptian fintech company, has announced the successful launch of its digital payments platform, AxisPay, intended to streamline payments and businesses of SME’s in the North African powerhouse.
The company obtained a license from the Central Bank of Egypt (CBE) for its mobile wallet

Revio, a South African payment orchestration platform that assists merchants in streamlining their order-to-cash processes, has disclosed a seed funding round totaling $5.2 million.
This funding round was spearheaded by QED Investors, with participation from:
Partech, as well as ongoing

The decentralized app BitChat became the most-downloaded app in Uganda during a nationwide internet shutdown amid presidential elections, as it allows communication without the internet. The app’s rise reflects public demand for uncensored communication tools.

TymeBank achieved profitability in December 2023, becoming the first digital bank in South Africa to break even within five years of its launch. With 8.5 million customers, strategic partnerships, and innovative services, TymeBank plans to become one of the top three retail banks in the country.

Luno has been named MyBroadband's 2025 Crypto Exchange of the Year, recognized for its ease of use, reliability, and user trust. Factors like strong customer support, security, and a longstanding market presence contributed to this accolade, marking significant maturity in the African crypto landscape.

Tende Pay has gained approval from the Central Bank of Kenya to operate as a licensed Payment Service Provider, enhancing Kenya's digital payment landscape. The platform supports SMEs with comprehensive financial management tools, promoting automation and financial clarity.