NEWS
NEWS
Ghana’ s Nsano appoints new CEO to lead Pan-African expansion
Ghanaian FinTech Nsano has appointed Priscilla Hazel as its new CEO as part of its growth strategy to expand across Africa. Hazel, who took up her role in early 2025, succeeds founder Kofi Owusu-Nhyira and brings extensive leadership experience to the company’ s ongoing pan-African ambitions.
Nsano currently operates in 15 African countries, providing a mobile money aggregation platform and remittance processing services. The firm has secured key partnerships with regional financial players such as Arab Financial Services and recently received a payments licence in Rwanda, facilitating further expansion.
Under Hazel’ s leadership, Nsano aims to deepen its footprint in the growing digital financial ecosystem across Africa. Hazel commented,“ Our mission is to connect African economies through seamless digital payments and create inclusive financial solutions that empower individuals and businesses.”
The company’ s platform integrates multiple mobile money providers into a single API, simplifying cross-border payments and supporting the continent’ s expanding digital economy. Nsano’ s focus on interoperability and accessibility addresses challenges faced by many African markets, where fragmented payment systems can hinder commerce.
Nsano’ s growth trajectory reflects the broader trend of FinTech innovation across Africa, driven by increasing smartphone adoption, supportive regulations and growing demand for digital financial services.
With Hazel at the helm, Nsano plans to accelerate product development, expand partnerships and explore new markets, aiming to become a leading Pan-African FinTech platform.
Zopa launches“ Biscuit” current account with cashback and high interest rates
UK challenger bank Zopa has entered the current account market with the launch of‘ Biscuit’, a mobile-only current account designed to attract savvy savers and everyday spenders alike. Released in late June 2025, Biscuit offers features such as 2 % cashback on direct debits, capped annually, and an impressive 7.1 % annual equivalent rate( AER) on savings balances.
The account also includes fee-free overseas spending and a contactless Visa debit card but does not yet support cash or cheque deposits, overdrafts or participation in the UK’ s current account switching service. These limitations are notable for customers accustomed to traditional banking features.
Zopa, which secured its full UK banking licence last year, aims to carve out a niche in the competitive UK market by combining attractive savings incentives with everyday banking needs. A Zopa spokesperson said:“ We’ re excited to offer Biscuit as a fresh alternative for customers who want great interest rates alongside simple banking.”
The launch arrives amid growing competition among UK challenger banks and FinTech firms seeking to differentiate through customer-centric products and digital-first experiences. Zopa’ s approach targets consumers who prioritise savings growth while maintaining access to convenient payment options.
Industry analysts view Biscuit as a strategic move for Zopa to increase customer engagement and deposits, helping it compete with rivals such as Monzo, Starling and Revolut.
As UK consumers continue to embrace digital banking, Zopa’ s innovative features and transparent pricing could appeal to a segment looking for higher returns without sacrificing convenience.
10 www. intelligentfin. tech