Six African Start-ups Made Finals In Ecobank Fintech Challenge.
Six African fintech companies have been announced as finalists of this year’s Ecobank Fintech Challenge,…
African Start-ups Funding For Half Of 2022 Doubles To $4 Billion.
Funding for African startups is on track to hit a record this year despite a…
Six African Fintech Start-ups Made The Top Global Promising Fintechs 2022.
Market intelligence platform, CB Insights has unveiled the winners of the fifth annual Fintech 250…
Nigeria Central Bank Proposes 25 Billion Naira Capital Base For Deposit-Taking Fintechs.
Central Bank Nigeria governor, Godwin Emefiele has proposed a 25 Billion naira capital base for…
Posted inFintech NEWS Politics Regulations
CBN Called To Review Hostile Crypto Directive In Banking System.
The Central Bank of Nigeria (CBN) has been implored to re-evaluate its current anti-crypto directive…
CBN Plans To Increase Fintech Capital Base Above N 2 Billion.
The Central Bank of Nigeria (CBN) is making plans to raise the capital base for…
Forex Scarcity Faulted As Naira Hit All Time Low Against Dollar.
Nigerian currency recently lost further ground against the US dollar after the naira’s parallel market…
Crypto Start-ups, FinTechs Face Crisis, CBN Raises Interest Rate To 15.5%
In consideration of the galloping global and local inflationary levels, the Monetary Policy Committee of…
Flutterwave Adds eNaira As Payment Option.
Flutterwave, an African payment solutions company, has announced the addition of the eNaira as a…
Nigeria 481 Start-ups Raise $2.1 Billion, Employs 19,000; New Report Reveals.
Around 481 technology startups were in operation across Nigeria as of September 2022, employing over…
Flutterwave Appoints Ex-Goldman Sachs Director as new CTO
Flutterwave, Africa’s leading payments technology company, has announced the appointment of Gurbhej Dhillon, a former…
Posted inNEWS
“Naija No Dey Carry Last”: As Fintech Nigeria Tops in Africa.
Nigeria is rated as investors’ preferred destination when it comes to fintech, attracting half of the…
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Did Piggyvest Lose N2 Billion To Imagine Global Solutions Limited Over 22 Billion Scam?
An estimated N22 billion in investments have disappered as owners of Imagine Global Solutions, promoters…
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Crypto Inspired : White Money Wins Big Brother Naija (BBNaija) Season 6
White Money has won 90 million Naira in the 2021 season six edition of the…
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Nigeria Crypto P2P Platform Among Eight Performing African Fintech Start-ups Selected For Investment Fund Programme.
Eight African fintech startups have been selected to participate in the latest edition of the…
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Fintech Nigeria; Analysis of CBN Latest Regulations on Mobile Money.
The Central Bank of Nigeria has released new guidelines to further regulate the services provided…
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Africa Fintech Start-ups Growth: Nigeria Maintains Control.
The number of fintech start-ups domiciled in Africa rose to 576 in 2021 atest report…
Chipper Cash Reportedly Looking to Support Bitcoin Trading on Its Platform
Bitcoin Trading on Chipper Cash may become a reality months after it was added as a payment option on Binance P2P for Kenyans, South Africans and Nigerians amongst others.
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The Commission Will Issue Cryptocurrency Regulations to Make Sure that Cryptocurrency Operators are Taxed and Regulated Accordingly Says SEC Nigeria.
The Commission Will Issue Cryptocurrency Regulations to Make Sure that Cryptocurrency Operators are Taxed and Regulated Accordingly Says SEC Nigeria.
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Opay Shuts Down ORide and Other Business Units to Focus on Fintech Services
Opay has announced that it would be shutting down ORide and some of its business units (for now) to focus only on it's financial technology services (PayCom)
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CBN Releases Draft Framework for Regulatory Sandbox Operations on Emerging Technologies in the Payments Space.
CBN has released a new Draft Framework for Regulatory Sandbox Operations focused on emerging technologies in the payments space.
Posted inFintech
Traditional Banks are Losing Customers to Digital Banks in Nigeria Following the New Stamp Duty Charge By FIRS
Digital Banks in Nigeria had recorded a new dawn following the new “Stamp Duty” fee charge on every 10,000 Naira transfer by Traditional Banks.
Posted inFintech
ATM Transactions Drops By 50% With A Corresponding Increase In Fintech Apps Downloads
The global ATM transactions had dropped by 50 percent since the outbreak of COVID-19.
Fintech Association of Nigeria Appoints New Board of Trustees
The Fintech Association of Nigeria has appointed new board of Trustees in other to achieve its 3 year strategic plan for a better Fintech ecosystem in Nigeria.
CAFEi Nigeria Suggests Blockchain for Identity Management to Achieve Financial Inclusion.
Consumer Awareness and Financial Enlightenment Initiative (CAFEi), suggests the use of blockchain to fix the identity management issue in Nigeria.