There’s a consolidation going on in the fintech space. Big fintechs are making strategic deals to shore up their bases. Their top acquisition targets may be Flutterwave and Paystack.
PalmPay is the latest fintech gunning for a slice of Nigeria’s financial services pie. At its formal launch this week, the company announced it has received a seed-stage injection of $40 million from TECNO. The Chinese phone brand is owned by Transsion Holdings, the company seemingly on a mission to understand and dominate the African […]
Visa has officially confirmed that it has acquired a stake in Interswitch, one of Africa’s biggest fintech companies. The deal is now subject to regulatory approval and is expected to close in the first quarter of 2020. Once completed, Visa will join firms like the IFC, Helios Investment Partners, TA Associates as shareholders. Both companies […]
Nest is accepting applications into its fintech boot camp
If you’re the type to play with lotteries, I found a service called 24Lottos, by Maxton Ltd. in the UK. They are a lottery aggregator of sorts, to give users access to USA Powerball, U.S Mega Millions, Euro Millions and a bunch of others. They’re able to do this through an army of (rigorously vetted, they […]
They are also offering merchants free integration.