Africa is showing strong interest in stablecoin payments, but that demand has yet to translate into significant transaction volumes, according to a new report by cross-border payments company Kredete. The report, State of Crypto in Emerging Markets 2026, highlights a gap between crypto ownership, interest in receiving payments through stablecoins and the actual use of
Kora has launched One Rail, a new payment infrastructure layer that allows African merchants to integrate stablecoins into their existing payment systems, as the fintech expands beyond traditional fiat transactions to address cross-border settlement and liquidity challenges. The platform enables businesses to collect, hold, convert and settle stablecoins alongside conventional currencies through Kora’s existing APIs
Chipper Cash has begun opening virtual accounts for eligible customers in Ghana after integrating its platform with Universal Merchant Bank’s (UMB) virtual accounts infrastructure, adding bank backed account capabilities to its digital financial services offering. The integration connects Chipper Cash’s technology platform to UMB’s banking infrastructure, allowing the fintech to open and manage virtual accounts
Nigerian fintech Nomba has secured a US$3 million debt facility as it looks to more than double its monthly cross border payment volumes from US$480 million to US$1 billion, with expansion into more African markets starting with the Democratic Republic of Congo (DRC). The facility, obtained through CardinalStone Finance Company Limited, will provide Nomba with
Yango has partnered with Flutterwave to enable cashless taxi rides and food delivery payments in Zambia, a move that strengthens its position in an increasingly digital mobility market. By integrating Flutterwave’s card processing infrastructure into its platform, Yango now allows users to pay for rides and food deliveries using bank cards — reducing reliance on