Fintech
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Flutterwave has secured a microfinance bank licence from the CBN, allowing it to offer deposits, lending, and more, a move that deepens its role in Nigeria’s financial system.
The CBN has launched a pilot programme to help fintechs like Flutterwave and Paystack strengthen AML/CFT/CPF frameworks, including FATF Recommendations 15 and 16 for virtual asset compliance.
With the naira stabilising in recent weeks, Nigerian businesses increasingly rely on USD-backed stablecoins to hedge currency risk and maintain trade continuity.
Moniepoint has entered Kenya by acquiring a majority stake in Sumac Microfinance Bank after years of failed attempts and days after the acquisition of Orda in Nigeria.
Stablecoins and PAPSS are reshaping African payments, balancing speed, cost, and regulation across borders in different ways.
Nigerian fintechs built their edge by specialising. Now, competition, customer demand, and revenue pressure are pushing them to expand into full-service financial platforms.
From corporate communications and oil and gas to fintech, Bukola Alawiye and Busola Oluwatobi have taken unconventional paths into Africa’s tech ecosystem. They share how curiosity, mentorship, and constant learning helped them transition into tech.
PayPal’s stock collapse and slowing growth have sparked takeover interest, raising questions about the future of the fintech pioneer.
Nigerian fintech Nomba has evolved from a chatbot into a payments platform helping African businesses accept payments, manage finances, and receive international funds at lower costs.
After raising $5.5 million to help people swap crypto between blockchains, Polytope Labs is building an on-chain stablecoin infrastructure.
Account-based payments are Nigeria’s new normal, as real-time, reliable rails are now powering business, wallets, and cross-border commerce alike.
Strict data laws can give fintechs powerful moats—boosting trust, raising entry barriers, and creating durable competitive advantage.
Confused about payment gateways vs aggregators? Compare fees, setup, compliance, payouts, and control to choose the right solution.
Redtech, backed by Heirs Holdings, is expanding into 29 African countries and scaling RedPay after processing ₦30 trillion in 2025, with acquisitions also on the table for growth.
This product‑strategy teardown asks the real question beneath the noise: in this deal, who actually stands to benefit more? PayPal or Paga?
MTN is exploring acquisitions in payments, lending, and remittances as it deepens its fintech ambitions, with CEO Ralph Mupita stressing platform growth over dealmaking for its own sake.
Nigerian fintech Nomba has acquired a licensed Canadian payments firm to build B2B trade rails linking Africa and Canada.
Nigerian fintechs are using AI mainly for fraud detection, customer service automation, and credit scoring, according to the CBN. It also identified some key constraints to scaling AI systems.
A new CBN report shows Nigerian fintechs split on regulation, viewing it as neither overly supportive nor restrictive, while highlighting approval delays, compliance costs, and calls for deeper regulator-industry engagement.
Moniepoint says it processed 8 in 10 in-person payments in Nigeria, ₦412 trillion and more than 14 billion transactions in 2025.
