Fintech





















How technology can play a crucial role in capturing the untapped insurance market

The low rate of insurance penetration and the role that technology can play in capturing the untapped market.

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Cryptocurrency in Nigeria: Too early for regulation — industry players

A decade after its inception, cryptocurrency still remains a grey area in many parts of the world and Nigerian industry players express their thoughts on plans to regulate its activities.

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“Culture is responsible for low adoption of digital payments in Nigeria” — Hakeem Adeniji-Adele, Deputy MD, eTranzact

Hakeem Adeniji-Adele, Deputy Managing Director, eTranzact calls for the need to build payment products to fit into the Nigerian culture.

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Nigerian fintech startup, Carbon, is expanding to Kenya

It appears Carbon (formerly Paylater), a Nigerian-based fintech startup that started as a loan offering platforms, is launching in Kenya soon.

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Flutterwave might be starting operations in Asia soon

San-Francisco and Lagos-based startup, Flutterwave, might be looking to start operations in Asia.

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Diaspora remittances can boost investment in small and early-stage businesses – PwC

With the right steps and platforms, remittances from the diaspora which are expected to grow to $25.5 billion in 2019, could boost investments for small and early-stage businesses.

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OPay launches ‘OBus’, a public bus hailing service, in Lagos

OPay continues its aggressive expansion drive with the launch of OBus, a commuter transit service that operates using branded hummer buses for intrastate trips within Lagos.

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Verve customers to get new card for international transactions

Verve extends its reach to countries outside Africa in a new partnership, and users may need to get new cards.

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OPay continues to expand as ‘OTrike’ launches in Aba and Kano

Opera-founded startup, Opay, has just introduced OTrike, a tricycle hailing service, in the commercial city of Aba, southeast of Nigeria, and northwestern city, Kano.

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Why your favourite online savings platform is giving you a virtual account number

What the recent move by online savings platforms means for the Nigerian financial space.

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Nigerian fintech startups PiggyVest and Cowrywise are scaling up to become digital banks

Earlier today, two Nigerian fintech startups PiggyVest and Cowrywise announced new products that provide users with dedicated virtual account numbers, making them somewhat digital banks.

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ORide is a Trojan Horse; Opera’s not really after the motorcycle-hailing market in Lagos

What Opera’s entry into the motorcycle e-hailing market means for the Nigerian mobile payment market.

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Social media as the first feasible point of contact for financial services in Africa

The level of social media and instant messaging penetration in Africa has the potential of deepening financial inclusion in the continent.

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Fintech startups are democratising investment opportunities for Nigerians, irrespective of their disposable income

Financial technology startups in Nigeria are breaking down investment opportunities for everyone, irrespective of their disposable income.

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Recent innovations in the public transport system may help drive Nigeria’s cashless initiative

The possibility of cashless initiatives in the public transport system as the key to promoting the Central Bank of Nigeria’s cash-less project.

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What the recently acquired switching license from CBN could mean for TeamApt

After being granted the much coveted switching license by the Central Bank of Nigeria, three year-old electronic payments company, TeamApt could have its work cut out for it

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Following $170m investment round, Branch is looking outside Africa’s banking system to serve the unbanked

How Branch is going after Africa’s unbanked population, following its recent partnership with Visa and a successful $170m investment round.

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Nigerian payments company, Paga won’t be a bank and isn’t afraid of telco PSBs

Nigerian payments company, Paga is 10 years old and has some interesting observations and projections.

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Why an efficient national identification system is instrumental to Nigeria’s financial inclusion drive

PiggyVest co-founder, Joshua Chibueze highlights the need for an efficient identity system towards driving financial inclusion in Nigeriaa

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The interesting symbiotic relationship between banks and fintechs in Nigeria

How the relationship between fintechs and banks is favouring both parties with the latter providing a support system to the former.

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