🇨🇲Cameroon
Payment trends and fintech news from Cameroon
Flutterwave Processes $40 Billion, Expands Across Africa
African payments firm Flutterwave has processed over $40 billion across 1 billion transactions. The company expanded its operations by securing new licenses and deepening partnerships, while also reporting increased transaction volumes in key payment methods.
dLocal acquires AZA Finance assets in $23.7 million deal
dLocal acquired specific assets from AZA Finance for $23.7 million, a scaled-back deal from its initial acquisition plans in June 2025. The transaction, settled through debt cancellation, gives dLocal key operations and customer relationships in Cameroon and the Francophone Central African region.
Esca Finance Partners with MANSA for Same-Day African Payment Settlements
Esca Finance has partnered with MANSA to enable same-day payment settlements across key African corridors, utilizing stablecoin-backed infrastructure. This collaboration aims to enhance liquidity and accelerate cross-border transactions for businesses, reducing the need to pre-fund accounts in multiple markets.
WorldRemit and GTBank Partner to Expand Digital Money Transfers Across Africa
WorldRemit and GTBank have launched digital money transfer services to Nigeria, Ghana, and Cameroon, aiming to provide faster remittance options for diaspora communities. The partnership combines WorldRemit's global digital platform with GTBank's local banking network in a competitive and growing market.
dLocal acquires AZA Finance's Cameroon assets for $23 million
dLocal has purchased AZA Finance's operations in Cameroon for $23 million after a third-party legal suit was dropped. The acquisition strengthens the Uruguayan fintech's position in Francophone Africa amid intensifying competition in the continent's cross-border payments sector.