A Federal High Court sitting in Abuja has granted the Central Bank of Nigeria an order to freeze the accounts of...
Fintech
JumiaPay partners with the National Bank of Egypt to offer business payment services
Pan-African eCommerce platform, Jumia, has partnered with the biggest state-owned bank in Egypt, the National Bank of...
Nigeria’s apex bank chooses open-source blockchain to run digital currency pilot on October 1, 2021
The Central Bank of Nigeria (CBN) has disclosed that it’ll launch the pilot scheme of its digital currency on October...
A deep dive into the activities of PoS agents in Nigeria
Emmanuel travelled to Osun State from Lagos State on a busy Friday afternoon and made a stop at Ibadan, the capital...
Nigerian fintech, Lidya, raises $8.3m pre-Series B
Nigerian fintech, Lidya, has announced $8.3 million pre-Series B funding. In 2019, the company expanded its operations...
Nigerian fintech, Cowrywise, secures SEC’s licence to digitise investments in Nigeria
Nigerian Wealth management startup, Cowrywise Financial Technology Limited "Cowrywise", has secured an asset...
Nigerian investment-tech startup, Chaka, secures SEC’s first digital stock trading licence
Nigeria's Securities and Exchange Commission (SEC) has issued a new license for digital stock trading to Chaka...
Inside TeamApt’s billion-dollar plan to capture Africa’s 500m unbanked adults
Nigeria’s financial services sector has been overflowing with some exciting innovation in recent years. Fintech...
From Q3 2021, Nigerian fintechs without defined regulations must undergo incubation before operating
Nigeria's Securities and Exchange Commission (SEC) has hinted at a new requirement for financial technology businesses...
What’s the fate of Nigerian fintech following banking regulator’s fresh regulations?
On Monday, May 24, 2021, the Central Bank of Nigeria (CBN) announced new licensing requirements for Payment Service...
Cameroon’s Maviance to digitise payments across central Africa with $3 million funding
Digital finance provider, Maviance, has raised $3 million to extend its services across Central Africa. The...
Cameroon’s Maviance to digitise payments across central Africa with $3 million funding
Digital finance provider, Maviance, has raised $3 million to extend its services across Central Africa. The...
Nigerian streaming platform, uduX, partners PiggyVest to help you invest in your favourite artistes
A partnership between Nigerian savings and investment startup, PiggyVest, and Nigerian music streaming platform, uduX,...
African insurtech startup, Curacel, raises $450k pre-seed to expand to 10 new African countries
Nigerian artificial intelligence insurtech startup, Curacel, has announced a $450,000 pre-seed raise led by Atlantic...
In conversation with Laurin Hainey, Fairmoney CEO, on global expansion and reducing Nigeria’s reliance on cash
Africa-focused digital lending company, Fairmoney, recently expanded its services to Asian economic powerhouse, India....
Nigerians, other African merchants can now accept PayPal via Flutterwave partnership
African merchants and its emerging spate of gig workers look set for a major impact on their services as Flutterwave...
Nigerian fintech startup, Cowrywise, raises $3m pre-series A funding led by Quona Capital
Nigerian wealth management startup, Cowrywise, has announced that it has raised $3 million pre-series A funding. The...
Nigeria recorded $428 billion worth of e-transactions in 2020, 42% higher than in 2019
Editor's note [14th January at 9:30pm WAT]: Original headline edited to accurately capture what the NIBSS figures...
Why Nigerian fintech startup, TeamApt is changing business model and expanding across West and North Africa
On January 8, Nigerian fintech startup, TeamApt released its 2020 review to public acclaim. At a glance, the company's...
Fintech predictions for 2021: Visa, Mastercard, to acquire Nigerian fintech giants
Nigeria’s fintech space grew in leaps and bounds in 2020, and 2021 has all the ingredients to build on the growth of...
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