Fintech

EXCLUSIVE

Vodacom Tanzania partners WorldRemit to enable international mobile money remittance into Tanzania

EXCLUSIVE

OPay takes another step towards becoming Africa’s WeChat with new messaging feature

EXCLUSIVE

Nigeria now has its first fintech industry innovation sandbox

EXCLUSIVE

OPay, PalmPay and a long line of Chinese investor interests in Africa

PalmPay and OPay

EXCLUSIVE

How to invest in US and other foreign stocks from Nigeria

funding

EXCLUSIVE

TECNO parent company, Transsion Holdings enters African mobile payments with PalmPay

PalmPay

EXCLUSIVE

Interswitch is about to become Nigeria’s first billion-dollar tech company, for real this time

Interswitch building

EXCLUSIVE

₦50 stamp duty: A case of 1 step forward and 5 steps back for CBN’s cashless initiative drive

POS card payment

EXCLUSIVE

OPay transaction fee hike is aimed at keeping users within its ecosystem

OPay app

EXCLUSIVE

Chaka wants to help Nigerians invest in over 4,000 local and foreign assets

EXCLUSIVE

You might soon be able to send money to other African countries using Flutterwave’s Barter app

A paper plane with foreign currencies

EXCLUSIVE

Eyowo launches as a digital bank, will serve businesses with its retail banking tool

EXCLUSIVE

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

insurance

EXCLUSIVE

Cryptocurrency in Nigeria: Too early for regulation — industry players

cryptocurrency

EXCLUSIVE

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

EXCLUSIVE

Nigerian fintech startup, Carbon, is expanding to Kenya

Carbon

EXCLUSIVE

Flutterwave might be starting operations in Asia soon

Flutterwave

EXCLUSIVE

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

A paper plane with foreign currencies

EXCLUSIVE

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

EXCLUSIVE

Verve customers to get new card for international transactions





















Vodacom Tanzania partners WorldRemit to enable international mobile money remittance into Tanzania

Tanzanians abroad can now send money directly to recipients’ M-Pesa wallets as Vodacom Tanzania partners with WorldRemit in a mobile money transfer deal

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OPay takes another step towards becoming Africa’s WeChat with new messaging feature

OPay continues to try out different services on its mobile application with a messaging feature now added to an existing log of 15 services. We explore what this might mean for the startup’s super app plans.

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Nigeria now has its first fintech industry innovation sandbox

Backed by the CBN and NIBSS, Financial Service Innovators has launched a fintech industry innovation sandbox to help innovators develop creative financial solutions and scale regulatory hurdles

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OPay, PalmPay and a long line of Chinese investor interests in Africa

There is a competition brewing between OPay and PalmPay, and this thinking is down to the strong investor network of both sides. But how deep does the investor tie really go?

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How to invest in US and other foreign stocks from Nigeria

Looking to grow your money without worrying about Naira fluctuations and inflation? These 4 platforms help you invest in foreign stock markets using local funds

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TECNO parent company, Transsion Holdings enters African mobile payments with PalmPay

Transsion Holdings, the company behind the TECNO, Infinix and Itel brands, may have finally entered the African mobile payment market with PalmPay. Could this signal a competition with Opera’s OPay?

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Interswitch is about to become Nigeria’s first billion-dollar tech company, for real this time

Visa is reportedly about to acquire a 20% stake in Interswitch for $200m, effectively making it Nigeria’s first unicorn; i.e. a privately-held company valued at $1 billion or more.

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₦50 stamp duty: A case of 1 step forward and 5 steps back for CBN’s cashless initiative drive

Insights from merchants and customers all point to the fact that the ₦50 stamp duty on POS transactions is counterintuitive to CBN’s cashless society project.

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OPay transaction fee hike is aimed at keeping users within its ecosystem

OPay recently reviewed the transfer bank charges fee on its platform. The implication is that users no longer have the luxury of paying ₦10 for bank transfers on the platform. But the payment platform has another agenda

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Chaka wants to help Nigerians invest in over 4,000 local and foreign assets

Chaka is giving Nigerian access to invest in assets listed on both local and foreign exchanges.

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You might soon be able to send money to other African countries using Flutterwave’s Barter app

In what looks like a move to cement its pan-African payment status, Flutterwave is testing cross-border money transfers.

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Eyowo launches as a digital bank, will serve businesses with its retail banking tool

On Thursday, Eyowo launched as a digital bank which makes use of mobile numbers to enable peer-to-peer transactions. It has also included businesses in its service offerings with Eyowo Retail.

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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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