Pula Raises $20 Million in Series B Financing to Support African Farmers

Agricultural insurance and technology startup Pula successfully raised $20 million Series B financing round. The $20 million raised in the Series B financing round will be utilized to provide insurance…

Bank of Uganda Faces Backlash For Mandatory ID Verification on Digital Transactions Over $260

The Bank of Uganda’s recent directive requiring government-issued ID documents for all digital financial transactions exceeding one million Ugandan shillings ($260) has spurred backlash from citizens.  Several citizens argue that…

Four Nigerian Fintech Firms Suspend Account Opening For New Customers Following CBN Directive

Following a directive from the Central Bank of Nigeria (CBN) four Fintech firms Kuda Bank, Moniepoint, OPay, and Palmpay have temporarily halted the opening of new accounts for customers.  This…