Hi Fintech friends 👋,

Meet Us at Stable Salons Africa – Nairobi, Feb 10

We are launching Stable Salons Africa – curated, operator-focused conversations on stablecoins, treasury management, and cross-border liquidity.

The first salon brings together senior fintech operators and regulators in Nairobi for practical dialogue and high-signal networking.

Supported by Binance, Utila & Checker.Join us:

Stable Salons - Nairobi · Luma

🌍 Stable Salons Nairobi An intimate evening of conversation exploring stablecoins, treasury infrastructure & money movement. Connect with builders, founders,…

Here are the highlights of what happened in African Fintech this week;

  • M-Pesa partnered with a stablecoin infrastructure provider to bring payments on-chain.

  • Africa’s Unicorn Turned Cash-Flow Positive.

  • Africa’s most valuable startup continued to double down on stablecoins.

  • Nigerian fintech acquired a company to bring brokerage services in-house.

Community

💸Fundraise and Exits

  • Nigerian fintech Trove Finance acquired UCML Securities Limited.

  • MyCredit raised $3 Million to expand SME Financing in Kenya.

💰 Venture Funds

  • Nigeria posted the lowest funding share among Africa’s big four as startups raise $3.8 Billion in 2025.

🚀 Partnerships & Product Launches

  • Finlogic received an International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria.

  • Quidax discontinued its peer-to-peer (P2P) trading feature five months after introducing the service.Quote of the

👔 Leadership Lineup

  • Chipper Cash CEO announced company’s first-ever quarter of positive cash flow.

📰 News of the Week

  • ADI Foundation Partnered with M-Pesa to Bring 60 Million Mobile Money Platform Users Onchain.

The partnership will connect M-Pesa's user base across Kenya, DR Congo, Egypt, Ethiopia, Ghana, Lesotho, Mozambique, and Tanzania with institutional-grade blockchain infrastructure. 

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👀 Eye Openers

  • “The lack of a clearer winner in African fintech”

📑 Read of the week

  • Flutterwave Goes From A Butterfly to A Rocket: Going public in the next 24 months. (Cofounders notebook)

📖 Other News, Reads, and Media

  • Mergers and Acquisitions (M&A) Activity in Africa Surged 72% in 2025.

🪙 Stablecoin Watch

  • OneDosh raised $3 Million Pre-Seed to build the Global Stablecoin Payment Rails.

  • Flutterwave launched stablecoin balances through Turnkey and Nuvion partnership.

  • Nigeria made $276 Million taxing digital payments and now plans for crypto payments tax.

🎥 VIDEO INTERVIEWS/DISCUSSIONS

  • Interview with Bente Krogman on how she started insurtech platform, m-Tek and sold it to Bolttech.

🦉 Tweet of the Week

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