Fintech
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Explore the best fintech companies in Nigeria in 2026, including Flutterwave, OPay, and Moniepoint, driving digital finance growth.
Flutterwave denies reports of a $75 million government investment and says it is not close to an IPO.
Discover the best mobile wallets in Nigeria for 2026 compare fees, features, and security to avoid hidden costs and choose the right app.
Kenya’s Central Bank has updated its list of licensed digital lenders, approving 32 new firms while warning unlicensed operators to stay out of the market amid tighter regulatory enforcement.
Nomba wants to fix SME lending in Nigeria using payment data to underwrite loans and keep defaults low. But as it scales, the real challenge will be maintaining repayment discipline and navigating recovery.
After Xara went viral, its Nigerian founder caught the attention of Elon Musk’s xAI. Built as a WhatsApp banking assistant, the startup now has 45,000 users and ₦8 billion ($5,000,000) in transactions.
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.
