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Issue 34
Dec 02 - Dec 08, 2019

Hi there,

Bolaji is on leave this week, so this is Simi & Tochukwu with this week's newsletter! 

We represented Paystack at the EFInA (Enhancing Financial Innovation and Access) 2019 conference, where we had interesting conversations about financial inclusion in Nigeria. Check out #EFinAConf2019 for Twitter updates.

Simi + Tochukwu
Product Specialists, Paystack
NigeriaNigeria Inter-Bank Settlement System Plc (NIBSS) has commenced instant settlement on POS payments. NIBSS has commenced instant settlement on Point of Sale [POS] terminal payments so merchants will now receive payments for transactions as soon as customers check out. Financial Technology Africa
KenyaSafaricom introduces Mali, a new investment product powered by M-Pesa. Safaricom, a Kenyan telecoms company, has introduced an investment and wealth management tool called Mali, which allows M-Pesa users to invest as little as Ksh100 (~$0.99) daily, for up to 10% annual interest. Kenyan Wall Street
South AfricauKheshe and Mastercard partner to bring mobile payments to the unbanked. South African micro-transaction platform, uKheshe, has partnered with Mastercard to enable people such as previously unbanked traders, street vendors, and casual laborers, to accept payments through Masterpass, Mastercard’s digital payment service. IT News Africa

Google for African businesses
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Do you have an announcement, event, or job posting you'd like to share, or have you come across an interesting bit of African fintech news recently? Hit reply and let me know! I might be able to include it in next week's newsletter.
Know someone who'd enjoy Decode Fintech?
TwitterIs the USSD platform evolving from a simple interface to an abstracted payment rail? Wiza J. (@wizaj) and O'Jydo (@Ajairei) had a conversation on Twitter about the possibilities and limitations of progressing the USSD platform from a single-layer payment interface, to an abstracted payment rail.
Twitter2019 Fintech 100 Report. KPMG announced the release of their annual Fintech100 report (2019 FINTECH100) which includes a detailed analysis of the top 50 leading and top 50 emerging global innovators in the financial services industry.
TwitterWhat impact would a reduction in the cost of mobile data have on the African fintech industry? Ronit Ghose (ronit_ghose) started a conversation on what the African Fintech space could look like if the cost of mobile data reduces in this Twitter thread
TwitterFindexable releases a global fintech index city ranking report. Findexable, a fintech research firm, has released the inaugural edition of the 2019 Global Fintech Index City Rankings. The report ranks the top fintech ecosystems in the world from a list of 230 cities across 65 countries. 
NigeriaQuickCheck partners with Jumia and PayAttitude to provide credit facilities for customers. QuickCheck, a Nigerian micro-lending mobile platform, has announced their partnership with Jumia and PayAttitude, to provide customers with easy access to loans on the QuickCheck app.  The Guardian
South AfricaSouth African startup, My-iMali raises funding from Crossfin. Mobile wallet platform, My-iMali has raised funding from Crossfin, a South African investment company. Crossfin’s portfolio of companies can give My-iMali access to more than 9,000 retail stores, 110,000 integrated point of sale lanes, and 25,000 active merchants. Disrupt Africa
NigeriaMigo raises $20m Series B funding, expands to Brazil. Migo, a Nigerian credit startup formerly known as Mines, has raised $20 million in a Series B funding round, to finance its expansion to Brazil, and to accelerate its growth in Nigeria. The fundraising round was led by Valor Capital Group, a Brazil-focused venture capital firm Disrupt Africa
Ghana Tech Summit
Dec 13, 2019 - Dec 14, 2019, Jos, Nigeria
Event 2
, Asset and Resource Management (ARM) and Ventures Platform have launched Labs by ARM 2.0, a fintech-focused accelerator program designed to support the best early-stage companies solving the hardest problems in the financial industry.
, Johannesburg, South Africa
Product Marketing ManagerNew
Cape Town, South Africa
Senior Recruiter
Cape Town, South Africa
Aza Finance
Chief Revenue Officer
Lagos, Nigeria
Senior Engineer
Nairobi, Kenya
Data AnalystNew
Kampala, Uganda
Payments Manager
Nairobi, Kenya
Client Partner
Johannesburg, South Africa
Peach Payments
Operations SpecialistNew
Cape Town, South Africa
Senior Software Engineer
Cape Town, South Africa
Product Designer
Cape Town, South Africa
Carbon (formerly Paylater)
Senior Scrum Master
Lagos, Nigeria
Data Scientist
Lagos, Nigeria
Branch International
Data Analyst
Nairobi, Kenya
Operations Director
Lagos, Nigeria
Vice President, Government Engagement
Johannesburg, South Africa
Strategic Merchant RM
Johannesburg, South Africa
Kuda Bank
QA Engineer
Lagos, Nigeria
Marketing Manager
Lagos, Nigeria
Solutions Delivery Manager
Johannesburg, South Africa
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