The rebranding of Credable to _able highlights the importance of credit infrastructure in Africa, according to TechTrends KE. While consumers typically interact with familiar financial service brands like banks and fintechs, the underlying infrastructure remains largely unseen. The Dubai-based company believes that enhancing this infrastructure presents a significant opportunity for growth in the African financial services market.

Zedcrest Securities has introduced stocks trading on the Zedcrest Wealth App, allowing clients to buy and sell shares of over 150 companies listed on the Nigerian Exchange (NGX) via their mobile devices. This launch is part of Zedcrest Group's goal to enhance access to capital markets and improve connectivity in financial services.

Creditchek, a financial technology infrastructure company that builds data and technology systems supporting credit decisions across Africa, has announced the acquisition of Algosys, a Ugandan core banking software startup. According to Business Times, the deal forms part of Creditchek's expansion into East Africa. Details of the transaction, including its value, were not disclosed in the report.

According to CIO Africa, Africa's payments landscape is evolving into a new phase that goes beyond mere digital transactions, focusing on the development of intelligent and interconnected financial ecosystems. This shift indicates a significant transformation in how financial services are delivered and utilized across the continent.

Chaka, a Nigerian fintech company, has launched Hisa as part of its initiative to create a pan-African investment platform. This move follows Chaka's recognition as Nigeria's first SEC-licensed digital investment platform, aiming to enhance investment opportunities across the continent.

The African fintech industry is transitioning from short-term consumer lending to financing small businesses, driven by increasing regulatory scrutiny and government initiatives aimed at promoting credit in productive sectors. Analysts suggest that this trend will enhance access to finance for Micro, Small and Medium Enterprises (MSMEs), reflecting a significant shift in lending practices within the sector, according to Daily Trust.