PawaPay wins Mozambique licence for direct merchant sign-ups
PawaPay landed a payment service provider licence from Mozambique’s central bank, clearing the way to sign up local businesses and process payments under direct regulatory oversight.
PawaPay landed a payment service provider licence from Mozambique’s central bank, clearing the way to sign up local businesses and process payments under direct regulatory oversight.
M-KOPA has signed up ten million customers and pushed revenue up 45 percent to $600 million in 2025, growing its pay-as-you-go model from solar into smartphones, digital loans, and electric mobility across Africa.
Paymenow has launched SmartReset, aiming to help 10 million workers in South Africa and nearby countries get out of debt by 2035.
Egypt's Thndr platform has crossed $19.6 billion in total trading, ramping up its presence on multiple exchanges and picking up new regulatory licenses.
Valu, Egypt’s fast-growing fintech, is moving into new markets and bringing Amazon on board as a direct investor after its listing on the Egyptian Exchange.
Fintech firms in the Middle East and North Africa pulled in $708 million in the first half of 2026, drawing more investment than any other sector and attracting startups from ten countries.