Founded in 2021, Fincra is a payment solutions provider that enables secure, efficient, and seamless financial transactions within Africa and beyond.
Why Fincra is teaming up with Reap to speed up Africa–Asia transactions
Fincra and Reap have formed a strategic partnership to expand card services and cross-border transactions. The collaboration will develop Card-as-a-Service offerings and programmable spend controls for African fintechs.
Tanzania, East Africa’s next startup powerhouse, is heating up
Tanzania raised nearly $300 million for startups since 2019, becoming one of the top 10 investment destinations in Africa. In 2024, Tanzania's startup funding totaled $53 million, marking a significant increase from $25 million in 2023.
Condia Insider: dLocal goes local
dLocal is acquiring AZA Finance for approximately $150 million, marking its largest deal outside Latin America. The acquisition will enhance dLocal's capabilities in cross-border payments and stablecoin coverage in key African markets.
Fincra secures PSP licence in Tanzania. Here is what it means
Fincra has secured a Payment System Provider license from the Bank of Tanzania. The company aims to build integrated payment rails for Africa, similar to Flutterwave.
