Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)— widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. 

peaq, the Web3 network powering the Economy of Things (EoT), announces its integration with Fundrs, a fully-decentralized peer-to-peer funding platform. Launched by end-to-end decentralized finance solutions provider AllianceBlock, Fundrs enables developers building decentralized applications (dApps) on peaq to raise funds on a cross-chain platform based on reputation and merit.

Group-IB, one of the global leaders in cybersecurity, has been named the largest and most experienced Incident Response Retainer (IRR) provider in Aite-Novarica’s recent Impact Report on IRR market players. Aite-Novarica Group, an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of financial sector companies, independently selected

African Bank is taking a definitive step towards improving the financial well-being of its customers with the introduction of a new, world-class, loyalty program, called Audacious Rewards. The new program is being delivered with the support of Loylogic, the global leader in loyalty and engagement solutions, and Pinnacle Rewards, an established loyalty marketing powerhouse.

British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, today announces a commitment of up to £10m to Haatch Ventures (Haatch) through the Regional Angels Programme.

Vyne, the specialist account-to-account payments platform, today announces that it has been selected to deliver Open Banking payments to Pinewood, one of the leading global solutions for automotive dealer management. Vyne is now integrated with Pinewood DMS – providing dealers with an instant payment added to their digital omnichannel offering.

SumUp, the financial partner for over 4 million small businesses worldwide, has today announced the launch of SumUp Pay, the first digital wallet that makes shopping locally easier and more rewarding.

Martin Bradford has been appointed COO of FX liquidity analytics firm, FairXchange, part of United Fintech.

Ryft, the revolutionary PSD2 compliant payments system, has raised a large seed round, led by SFC Capital, the UK’s most active seed-stage investor. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. Ryft enables automated next-day payouts for marketplace businesses and their merchants, for a single flat fee per transaction.

Fintech startup Tortoise, a platform that rewards consumers to save up for their  purchases,  has received an undisclosed amount of funding from Sriharsha Majety co-founder / CEO of  Swiggy) and Lizzie Chapman,  co-founder / CEO of Fintech ZestMoney in a mentors round.