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MONIEPOINT
Some of the fintechs pointed out that the directive may have been misdirected given that most of the accounts involved were commercial bank accounts.
Moniepoint Inc. and NITHub Unilag have announced the opening of applications for the second cohort of the HatchDev program aimed at nurturing the next generation of market-ready software engineers in Nigeria.
Fintech company, Moniepoint, said it now processes transactions valued at $12 billion every month as more businesses in Nigeria embrace digital payments.
Moniepoint, one of Africa’s leading Fintechs, which provides banking services for businesses, has kicked off the 3rd edition of its Women in Tech internship with a premium event to celebrate the new intake of emerging women in tech.
If there is one thing the cash crunch earlier in the year proved to businesses, it was the need to have working and reliable systems that could allow them to make and receive payments without cash.
Nigerian communications platform-as-a-service (CPaaS) startup, Termii, has raised $3.65 million to expand its product offerings.
A group of investors led by Moniepoint have invested $3 million in Payday, a Nigerian fintech company that facilitates international payments.
These 10 digital banks are among the top licensed microfinance banks bridging the financial inclusion gap in Nigeria.
Almost on every street in most cities across Nigeria, one can find these "POS Agents" in small kiosks, shops and sometimes, under umbrella shelters, providing financial services.