A European fintech company offering digital banking services, including money transfers and financial management tools.
Why Wise chose South Africa as its first African market
Wise has received conditional regulatory approval from the South African Reserve Bank to operate in South Africa. The company will operate as a Category 2 Authorised Dealer in foreign exchange with a limit of $50,000 per user per year.
Revolut Taps Former Mastercard Exec Yacine Faqir to Lead Morocco Expansion
Revolut appointed Yacine Faqir as CEO for Morocco, indicating a strategic push for North African expansion. The appointment follows Amine Berrada's hiring as Head of Operations for Morocco, suggesting a phased market-entry strategy.
Revolut Seeks Banking License in South Africa
Revolut announced plans to apply for a commercial banking license in South Africa. The announcement coincided with the opening of Revolut’s new global headquarters in London.
How to leverage AI in marketing to boost retention and revenue for your fintech app
Only 3.1% of users who download a finance app are retained by day 30. Finance apps account for 87% of all app install ad spend in Africa.
Condia Insider: While Revolut eyes Africa, Afriex looks beyond
Collect Africa is shutting down to focus on a new platform, Autospend, aimed at cross-border payments using stablecoins. Revolut is expanding its operations into Morocco, led by ex-Uber executive Amine Berrada, with plans to establish a full neobank.
