Fintech

EXCLUSIVE

What is Banking as a Service, and how does it work?

work

EXCLUSIVE

Nigerian fintech startup, Moni, wants to provide loans for businesses in Africa by leveraging social capital 

The Moni team

EXCLUSIVE

Flutterwave receives payments processing licence in Egypt as it eyes North African expansion  

Flutterwave team members

EXCLUSIVE

Botched naira redesign policy is proof that Nigeria is not ready for a cashless economy

Lady holding smartphone and cash looking shocked

EXCLUSIVE

Kenyan government withdraws fraud allegations against Flutterwave

Flutterwave team members

EXCLUSIVE

With the AfriGo card, the CBN is putting the cart before the horse for financial inclusion in Nigeria 

virtual cards

EXCLUSIVE

Buy Now, Pay Later vs Save-to-Pay-Later: Which is better for Nigerian Consumers?

buy now, pay later

EXCLUSIVE

Nigerian fintech startup, Fincra, receives payment service solution provider licence (PSSP) from CBN

lockdown online transactions

EXCLUSIVE

Who survives the VC funding winter and becomes Africa’s next unicorn in 2023?

EXCLUSIVE

These virtual dollar cards can help you pay for international transactions from Nigeria

Debit and credit cards in a wallet - virtual dollar card

EXCLUSIVE

Google to enforce regulatory compliance for loan apps in Nigeria and Kenya

money

EXCLUSIVE

Funding to African fintech startups drops by 58% in Q3 2022 as early-stage deals hit 90%

naira float

EXCLUSIVE

What is the potential for a women-focused fintech in Africa?

three women sitting

EXCLUSIVE

Here’s how this Nigerian importer of luxury bags deals with the foreign exchange crisis

Nigerian importer, Abdulroheem on foreign exchange crisis

EXCLUSIVE

Here’s why Nigeria’s biggest fintechs are getting a switching and processing licence

payment

EXCLUSIVE

Nigerian fintech startup, Bamboo, launches in Ghana to offer access to investments

An image of an iPhone with the Bamboo investment app. The user is attempting to invest in Amazon

EXCLUSIVE

You can no longer shop on foreign websites with your First Bank naira card

An image of a First Bank of Nigeria office building

EXCLUSIVE

Flutterwave has received a switching and processing license from Nigeria’s Central Bank

Flutterwave team members

EXCLUSIVE

Clear monetisation strategies and regulatory engagement: How African fintechs can position for growth

Contactless and cashless payment through qr code and mobile bank

EXCLUSIVE

Google’s mobile payment system, Google Wallet, is now available in South Africa





















What is Banking as a Service, and how does it work?

As the financial services space evolves, more concepts are being embraced. One of them is Banking as a Service. Although not entirely new, it is gaining popularity as technology advances and customer preferences change.

Follow the story

Nigerian fintech startup, Moni, wants to provide loans for businesses in Africa by leveraging social capital 

Businesses in Africa struggle to access credit, but Moni, a fintech startup, uses social capital to provide loans for them.

Follow the story

Flutterwave receives payments processing licence in Egypt as it eyes North African expansion  

Nigerian fintech startup, Flutterwave, can now process payments in Egypt after receiving a payment services provider and payment facilitator licence.

Follow the story

Botched naira redesign policy is proof that Nigeria is not ready for a cashless economy

The CBN wants Nigerians to go cashless, but neither Nigeria nor Nigerians are ready for a truly cashless economy.

Follow the story

Kenyan government withdraws fraud allegations against Flutterwave

Seven months after a Kenyan court froze $3.3 million in Flutterwave’s accounts due to money laundering and card fraud allegations, which Flutterwave denied, the Kenyan government has cleared the company of these allegations.

Follow the story

With the AfriGo card, the CBN is putting the cart before the horse for financial inclusion in Nigeria 

The CBN claims a domestic card scheme will drive financial inclusion in NIgeria, but that couldn’t be farther from the truth.

Follow the story

Buy Now, Pay Later vs Save-to-Pay-Later: Which is better for Nigerian Consumers?

Buy now, pay later (BNPL) startups enable customers to spread payments over a specific period but with rising inflation and lower income levels, could there be an alternative for such startups in Nigeria?

Follow the story

Nigerian fintech startup, Fincra, receives payment service solution provider licence (PSSP) from CBN

The Central Bank of Nigeria has granted Fincra a payment service solution provider license to process payments in the country.

Follow the story

Who survives the VC funding winter and becomes Africa’s next unicorn in 2023?

Keeping up with what seems to be a yearly tradition, we brought in Adedeji Olowe, CEO of Lendsqr and Open Banking Nigeria trustee to look back at Nigeria’s fintech space in 2022 and cast our gaze into the new year

Follow the story

These virtual dollar cards can help you pay for international transactions from Nigeria

With many Nigerian banks restricting or suspending card transactions on international platforms, these virtual dollar cards will help you.

Follow the story

Google to enforce regulatory compliance for loan apps in Nigeria and Kenya

From January 31, 2023, personal loan apps in Nigeria and Kenya must submit extra documentation as Google moves to protect users on the Play Store.

Follow the story

Funding to African fintech startups drops by 58% in Q3 2022 as early-stage deals hit 90%

As venture capital funding drops globally, funding to African fintech startups has fallen by 58% in Q3 2022, with early-stage deals constituting 90%.

Follow the story

What is the potential for a women-focused fintech in Africa?

Fintech startups worldwide are providing services to under-represented groups, but is there a potential for women-focused fintech startups in Africa?

Follow the story

Here’s how this Nigerian importer of luxury bags deals with the foreign exchange crisis

This week’s EverydayPeople features Abdulroheem Abdulrauf, a Nigerian importer of luxury bags and luggages. And he had some interesting things to say about foreign exchange and how he pays for goods.

Follow the story

Here’s why Nigeria’s biggest fintechs are getting a switching and processing licence

Payment switching companies enable quick and seamless online payments, and Obi Emetarom, CEO of Appzone, explains how it works and the benefits of obtaining a licence for it.

Follow the story

Nigerian fintech startup, Bamboo, launches in Ghana to offer access to investments

Bamboo has launched in Ghana to offer Ghanaians the opportunity to invest in global companies.

Follow the story

You can no longer shop on foreign websites with your First Bank naira card

Amid the ongoing forex scarcity, First Bank of Nigeria’s customers will be unable to pay for international transactions using their naira cards.

Follow the story

Flutterwave has received a switching and processing license from Nigeria’s Central Bank

Following news of its impending IPO plans, Flutterwave has received a switching and processing license from the Central Bank of Nigeria.

Follow the story

Clear monetisation strategies and regulatory engagement: How African fintechs can position for growth

With over $2 billion raised in 2021, Africa’s fintech sector is the biggest recipient of startup funding on the continent, but how can that translate to profitability?

Follow the story

Google’s mobile payment system, Google Wallet, is now available in South Africa

Google’s mobile payment system, Google Wallet, has been launched in South Africa, making it the first African country where the Wallet is available.

Follow the story