Kolomoni is making financial services accessible, practical, and rewarding for Nigerians and small business owners. Here’s everything we know about them.
#fintech
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African startups raised $321.5M in December 2025, with top 10 deals dominating. Funding slowed but deal activity nearly doubled across the continent.
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IndustryNewsTechnology
Flutterwave Acquires Mono to Expand Payments and Open Banking in Africa
by REFINEDNGby REFINEDNGFlutterwave has acquired Nigerian fintech Mono, combining payments and open banking data in a landmark deal. The acquisition positions both companies for rapid growth across Africa, while investors enjoy strong returns. Mono will continue to operate independently, providing APIs that power account verification, payments, and data-driven credit solutions.
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Aella Microfinance Bank evolved from a small Nigerian microlender into a digital finance powerhouse, expanding credit, payments, and blockchain-backed lending. Here are few things we found out about them.
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IndustryTechnology
Moove: How a Nigerian-Born Startup is Driving the Global Mobility Revolution
by REFINEDNGby REFINEDNGMoove, a Nigerian-born mobility fintech, is helping gig drivers across Africa, Asia, and beyond access vehicles and financial tools. Founded by Ladi Delano and Jide Odunsi, the Uber-backed startup is redefining mobility finance and proving that purpose-driven innovation can scale globally.
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NewsTechnology
Nigerian Startup, Carrot Credit, Raises $4.2M for Asset Loans
by REFINEDNGby REFINEDNGCarrot Credit was founded in 2023 by Boluwatife Aiki-Raji, a former investment analyst who noticed a strange contradiction among young Africans.
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PeopleTechnology
Lilian Makoi Is Transforming the African Financial Sector through Technology
by REFINEDNGby REFINEDNGThe Middle East and Africa (MEA) region is witnessing a growing fintech landscape marked by indigenous innovations, entrepreneurial zeal, and emerging thought leadership. We spotlight the story of Lilian Mako, who is changing the fintech space in both the Middle East and Africa.
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IndustryNewsTechnology
Nigerian Fintech Appzone Raises $10 Million in Series A to Scale its Products and Services
by Refinedngby RefinedngNigerian Fintech Appzone Raises $10 Million in Series A to Scale its Products and…
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Learning and Development
Fintech is Transforming the Nigerian E-commerce Industry
by Refinedngby RefinedngFintech is Transforming the Nigerian E-commerce Industry Fintech is short for Financial Technology, which…
