BitKE

Ghanaian fintech startup, Affinity Africa, has secured $8 million in an oversubscribed seed round to expand its presence locally and enter new markets.
The funding round was led by:
Grazia Equity and
BACKED VC
with participation from:
Enza Capital
Launch Africa
Renew Capital
Finca

Clea, developed by Autoclear Inc., is a financial technology solution, not a bank, with services provided through licensed banking partners. Autoclear is registered as a Money Services Business under FinCEN.

Carry1st has partnered with AudioMack to allow African customers to purchase music subscriptions using local payment methods, expanding its services beyond gaming. This collaboration aims to enhance access to premium music features for millions in various African countries.

JP Morgan Chase CEO Jamie Dimon expressed optimism about Africa's growing role in global finance, highlighting the bank's efforts to establish a stronger presence in the region. He encourages American businesses to engage more with African markets despite challenges and praises local tech initiatives.

VALR's CMO, Ben Caselin, discussed the increasing interest in cryptocurrency in Kenya, noting the exchange's significant user growth and its partnerships that enhance payment options. With upcoming crypto regulations in Kenya, VALR aims to expand further in this promising market.

Polymarket and Kalshi just posted their strongest month ever – even as Solana’s memecoin share sank to cycle-lows. Let’s walk through how liquidity flows appear to have rotated, and whether this marks a deeper shift in where crypto capital hunts for edge.
> EXPLAINER: How to Make Bets and Earn

The FCCPC argues against a complete ban on loan apps in Nigeria, citing their ability to evade regulations and the potential negative impact on vulnerable communities. Registration is emphasized to promote ethical practices, while tracking and accountability remain challenging.

The Central Bank of Nigeria has disputed reports suggesting that its eNaira CBDC threatens financial stability, citing misunderstandings. A recent book discusses CBDC impacts, advocating for broader adoption to overcome current challenges.

VunaPay won the Latitude59 Pitch Competition in Nairobi, showcasing its innovative payment solution for farmers. This victory grants them entry to Latitude59 2025 in Tallinn. The event highlighted impactful startups and drew nearly 2,000 attendees.

Visa is expanding its stablecoin settlement capabilities in the CEMEA region through a partnership with Aquanow. This integration will allow financial institutions to leverage stablecoins for faster, cost-effective transactions, modernizing payment systems.