Tag
FINTECH
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.
The CBN has approved a super-agent licence to another financial technology company, Itex Integrated Services Limited.
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.
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.
These fintech resources emerged as intended challengers to fiat currency, but in a matter of years most people stopped thinking of them as money and started thinking of them as commodities
A report by Moody has argued that commercial banks might soon lose their services to the increasing number of FinTech firms in the sector.
To sustain its growth as a digital savvy bank, Fidelity Bank has signed a Memorandum of Understanding with Open Technology Foundation.