Daya, a fintech startup backed by Alliance, has raised $2.4 million to develop stablecoin payment infrastructure. This funding follows its graduation from the Alliance DAO ALL15 cohort in November 2025. Daya aims to join other Africa-focused fintechs like Yellow Card and Juicyway in leveraging stablecoins for cross-border business transactions.

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.

Yellow Card has obtained Swiss regulatory approval to operate through a supervised financial intermediary in Lugano, enabling banks, financial institutions, and large businesses to access its payment network across Africa and other emerging markets. This development establishes a Swiss base for institutional clients to utilize Yellow Card's stablecoin infrastructure.

Africa's banking sector is approaching the latter half of 2026 with a cautiously optimistic outlook, as it faces macroeconomic pressures such as persistent inflation, high interest rates, and currency volatility. Industry analysts note that while the sector appears resilient, these challenges complicate financial planning for banks across the continent. In response, many banks are increasingly focusing on digital transformation to adapt to the changing economic landscape.

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.

4G Capital has provided over $1 billion in loans to small businesses in Kenya and Uganda, reflecting a growing need for working capital among entrepreneurs often excluded from traditional financing. Since its inception in 2013, the Nairobi-based fintech has served approximately 800,000 customers and issued more than 7.6 million short-term loans.