Alsoug, the largest digital marketplace in Sudan, has closed a $5 million investment round to scale its digital payment network. The investment is co-led by Egyptian...
Mono, an Africa-focused fintech startup that lets users easily connect their bank accounts to financial apps, has secured $15 million in a Series A round of...
First Bank of Nigeria Ltd. has pledged support for startups and innovators in the fintech ecosystem by providing relevant data and infrastructure that would enable them...
Consensus of financial experts has tilted in favour of the proposed Open Banking services in Nigeria, as they expressed optimism that that open banking will activate...
Nigeria’s top financial institution, First Bank of Nigeria Limited, has set Thursday, October 7 as a day to hold the 2021 edition of its annual FINTECH...
Rewane says regulating FinTech a clampdown on corporate innovation Managing Director Financial Derivative Company, Bismarck Rewane has said that regulatory oversight for the Nigerian...
MTN says its mobile money operation worth $6bn South Africa-based MTN, the mobile phone company, has plans to value its mobile money arm at over $5...
MTN expands MoMo cardless cash withdrawal service Mobile money service provider, Y’ello Digital Financial Services, has announced the expansion of its MoMo Agent cardless...
PoS operators demand chargeback policy review, decry rising frauds Point of Sale (POS) merchants operating in Nigeria have called on the Central Bank of...
The Rise Fund to invest $200 million in Airtel Africa’s mobile money business Airtel Africa, a leading provider of telecommunications and mobile money services, with...
Flutterwave now worth $1bn after raising fresh $170m African focused payments company, Flutterwave has raised $170m in the latest funding round that has blown its...
SystemSpecs emerges Payment Technology Company of the Year Award SystemSpecs, Africa’s leading financial technology and human capital solutions firm, has emerged the payment technology company of...
Governor Babajide Sanwo-Olu of Lagos State has been urged by the Fintech professionals who spoke at the annual Lagos Fintech Week to inaugurate the Cashless Lagos...
By David Alonge Digital tech giant, Google is set to launch a new pay app, Google Pay, with a Live video announcement in strengthening its digital...
Fintech specialists and other stakeholders have tasked the Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC) and Nigeria Security Commission to conduct a talent needs...
Mastercard has unveiled an AI-powered suite of tools designed to help banks assess cyber risks across their ecosystem and prevent breaches. Drawing on the capabilities of...
Financial Technology (Fintech) companies raised a combined $554.17 million from investment rounds last week. A data compiled by Finbold showed the top 25 fintech firms were...
Stripe has acquired Paystack, an e-payment startup based in Lagos, Nigeria for a sum in excess of $200 million, TechCrunch reported on Thursday. The report added...
Lending by fintech to grow 9.1% SMEs’ search for fund driving momentum ___________________________________ Although traditional banks and credit suppliers still hold the largest market share for...
Despite the increased activity in the fintech sector in Nigeria and the positive multiplier effect in the economy, there is significant potential for further growth, report...