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Here are the highlights of what happened in African Fintech this week: 👇

• Four funding deals were announced.
• The world's biggest Payments company partnered with Africa’s stablecoins company to scale B2B payments.
• The investor of Africa’s biggest Fintech was raising $300 Million to invest in emerging markets.
• South African based Crypto startup relaunched in Kenya ten years after exiting the market.

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This Week in FintechSabrina Baxter

💸Fundraise and Exits

• HR and Cross-border payroll platform PaidHR raised $1.8 Million Seed round.
• Borderless raised $500K to help African diaspora invest in Startups, real estate and more.
• Hizo Secured $100K Seed Funding to Transform Intra-Africa Remittance.
• Pesa acquired UK EMI, Authoripay Emoney to begin Europe expansion.

💰 Venture Funds

• Endeavor Catalyst was raising $3oo Million to deepen its bet on high-growth startups across Africa, Latin America, the Middle East, and Southeast Asia.

🚀 Partnerships & Product Launches

• Luno relaunched in Kenya ten years after exiting the market. 
• Flutterwave secured a payment service provider licence in Cameroon.

👔 Leadership Lineup

• Seven months after its CEO stepped down, Leatherback announced new leadership.

📰 News of the Week

• Visa and Yellow Card partnered to allow businesses send and receive stablecoins.

The partnership will allow both companies to test stablecoin integration on Visa direct, a service which lets businesses send money directly to customers’ bank accounts or to the accounts linked to their debit or credit cards. With this move, businesses will be able to hold dollars in stablecoins and send money easily across borders.

👀 Eye Openers

• Africa to the World

📑 Read of the week

• 8 takeways on the Future of Finance from Money2020 2025. (The Condia)

📖 Other News, Reads, and Media

• Mukuru customers faced balance errors after technical glitch.

🎥 VIDEO INTERVIEWS/DISCUSSIONS

• Interview with Dare Okodjou, founder of Onafriq who has raised $300 Million to build one of Africa's biggest fintech.

🦉 Tweet of the Week

🎯 Fintech Opportunities

• East African Fintechs can apply for €100K Grant funding from Developpp.

Made in Tanzania 🇹🇿 with 💚

👍🏽👎🏽  Did you enjoy this edition of This Week In Fintech Africa? Please share your feedback with me on Twitter or LinkedIn .