The Financial Technology (Fintech) industry in Nigeria has come to stay, as it took the lead in Africa attracting $122 million in funds in 2019.
Flutterwave, an African focused fintech company disclosed that it secured US$35 million through its Series B funding round.
Two fintech companies in Africa, MFS Africa and Frontclear, have secured $3.2 million worth of investments from FSD Africa Investments.
Popular payments company, Visa, has announced that it is acquiring fintech startup, Plaid, in a deal worth $5.3 billion. #PLAID #VISA
About $400m has been invested in fintech firms in the country in 2019, according to the Central Bank of Nigeria.
Today, November 13, Palmpay, an African-focused mobile payment startup, will launch in Nigeria.
The CBN has tasked Fintech companies to put in more effort to drive financial inclusion in Nigeria by providing services at low cost to consumers.
In a bid to continue expanding its services into the international market, Nigerian Fintech firm, Lidya has launched in Poland and Czech Republic.
Ecobank Group has appointed Aissatou Djiba Diallo as its new Senior Fintech Advisor.
The NITD has disclosed that Banks, Fintechs, Telcos and other organizations may lose up to 2% of their gross annual revenue to data breach.
The new circular is basically a tax on the volume of transactions and could rake in billions in stamp duty charge for the government.
Nigerian Banks are in stiff competition with FinTech startups over what is regarded as the highly lucrative Quick Loan Segment.
The Central Bank of Nigeria (CBN) has sought standard practice from financial technology companies (fintechs).
San Francisco-based startup, Chipper Cash, has appointed co-founder of Gokada (Lagos-based ride-hailing startup), Abiodun Animashaun to run its operation in Nigeria as Chipper Cash expands into the continent's largest population.
Thanks to fintechs, Olumide can now easily access a quick loan whenever he needs one, without having to stake the whole world as collateral
Another credit opportunity has been created for Fintech startups driving financial inclusion in Africa. The new credit facility worth $23 million was set up by Accion Venture Lab
Esusu Financial, a US-based FinTech, has just raised the sum of $1.6 million to broaden its product offering to millions of Americans.
A report by Moody has argued that commercial banks might soon lose their services to the increasing number of FinTech firms in the sector.
The Apex bank raised Nigeria's financial inclusion target to 95% from 80% set in 2012 and extended the target year to 2024 from 2020 previously.
The battle to lead financial technology market among telecommunications companies just got more intense after @Vodacom's big-shot, @Yolandacuba, left the company to join @MTNGroup. Cuba's exit came as a shock, as she's one of the top executives being tipped to takeover Vodacom Africa's top job in coming years.
On Saturday the 6th of June, the Zone Tech Park at Gbadaga, Lagos, played host to the inaugural product launch from Hollaport Technologies Ltd.
The Securities and Exchange Commission (SEC), is committed to using fintech to grow financial inclusion. This is according to SEC's Acting DG, Mary Uduk.
On this episode of the #BHHPodcast, Bukola and @Taioyewole had StrateCore Dynamics' @peaceobule gives tips on venturing into the world of fintech.
The CEO of Access Bank Plc, Herbert Wigwe, said in order for banks and FinTechs to remain competitive, they need to leverage Artificial Intelligence (AI).
Founded in 1992, Nigerian company, SystemSpecs has grown over the years to become an African fintech powerhouse through its innovative and disruptive financial technology...
Oscar Onyema nvestors have been advised to take advantage of the numerous investment opportunities available in the financial technology (fintech) space.
Nigerian financial technology firm, TeamApt, plans to expand its oepration into Latin America countries by the third quarter of the year.
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