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Afridigest is your intelligent guide to tech in Africa. The Fintech Review is a (usually) weekly recap of what matters in African fintech.📌 Hello, friends. Sorry for the wait. It’s been a while since the last Afridigest Fintech Review — I was dealing with a health scare & was hospitalized for a bit unfortunately. The good news is we’re back in action and firing on all cylinders again. Thanks for continuing to read Afridigest and many thanks to those who checked in 🙏🏽 Today’s Fintech Review covers the entire month of March. And the next two Fintech Reviews will cover the months of April & May, then we’ll be back to the regular coverage.On to the month’s highlights:• Thirteen debt & equity fintech financing transactions were announced totaling $150M+, plus four M&A deals• News of the month: On a USD basis, Nigerian payments unicorn Interswitch generated just $42M in revenues and $3.5M in profits last year. Airtel Money executives are again talking about an IPO for the mobile money unit —...
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Emeka Ajene
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