Tag
CROSS-BORDER PAYMENTS
In this exclusive interview with Nairametrics, Oviosu explains how stablecoins could change the economics of cross-border payments, the role of local liquidity and foreign exchange in converting digital dollars into naira, the regulatory barriers facing adoption, and why connecting multiple blockchain networks and payment systems will be crucial to expanding access across Africa.
The financing pressures facing Nigerian businesses extend beyond access to loans. Delays and uncertainty in moving money across borders can increase the amount of capital a company needs to fulfil orders, maintain inventory and meet its obligations, according to fintech founder and product leader Kelvin Efosa Obasuyi.
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has said Nigeria will pursue stronger cross-border payment arrangements with China during an upcoming visit to Beijing, as both countries seek to deepen financial cooperation and support bilateral trade and investment.
For a Nigerian business paying an overseas supplier or receiving money from an international customer, a delayed payment...
Every Nigerian founder who sells, sources, or hires across borders eventually hits the same wall. The money leaves,...
FCA-regulated provider says same-day settlement and dual-market expertise can ease costs, delays and compliance headaches for businesses moving...
South Africa-headquartered fintech Spendin is preparing to enter the eSIM market, extending its ambitions beyond payments as it...
Theparkpay Technologies has achieved another significant milestone with the acquisition of its UK Financial Conduct Authority (FCA) Small...
A fast-rising African cryptocurrency exchange, ZendWallet, has launched a new stablecoin payment feature, Zendfx.
Expanding into international markets unlocks new opportunities for exporters, but it also comes with financial challenges, especially when...
Juicyway, a payment startup leveraging stablecoin technology to streamline global money transfers, has officially launched out of stealth mode, announcing a $3 million pre-seed funding round.
Access Bank Group partners Mastercard to expand opportunities for cross-border payments for African businesses and consumers