MoMo PSB has announced the launch of its outbound and inbound remittance service which enables customers…
Category: FINTECH
Mastercard Signs MoU to Acquire Minority Stake in MTN’s $5.2 Billion Fintech Arm
MTN Group had on Monday disclosed it had signed a Memorandum of Understanding (MoU), an initial…
PSBs, Key Factor to Drive Successful Financial Inclusion – 9PSB CEO
The Chief Executive Officer, 9PSB, Branka Mracajac has stressed the importance of Payment Service Banks (PSBs)…
NITDA, FCCPC Collaborates to Sanction Money Lending Fintechs for Data Privacy Abuse
The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with the Federal…
Verve Partners NIMC to Improve National Identity Management System
Positioned as a torchbearer for inclusive digitization, Africa’s leading payment cards & token business, Verve has…
Paystack Integrates Apple Pay for Nigeria-Based Businesses
Paystack, a US-based fintech company, has announced it is launching Pay with Apple Pay on its…
MTN Group Announces New Appointment to Drive Digital Services Expansion
MTN Group has announced the appointment of Burak Akinci as Chief Executive Officer of Simfy (ayoba),…
Stakeholders Harp on Regulatory Stability, Clarity for Fintech SectorÂ
To create harmonious relationships in the financial technology space, there is a need for clarity of…
Ecobank Group Launches its Fintech Challenge 2021 Edition for Tech Innovators, Start-Ups
The pan-African banking group, Ecobank group, is inviting African Fintech entrepreneurs to join the 4th edition…
Mobile Money Transactions in Sub-Saharan Africa Rises by 23% to $490 Billion – Report
…Two Billion Adults Lack Access to Formal Financial Services Restrictions on movement and reduction in the…
Telco-led Model for Mobile Money Services Not Operational in Nigeria – CBN
The Central Bank of Nigeria has released a regulatory framework for mobile money services, saying it…
Visa Reports Users Spent Over $1 Billion in Cryptocurrency in H1 2021
Global payments giant Visa recently reported that more than $1 billion was spent by Visa users…
Making Fintech Safer for Consumers
By ITU Financial technology, or fintech, has brought financial security within reach for previously underserved people…
Global Fintech Funding Rises to $22.8 Billion as Payment, Digital Lending Funding Triples to $10 Billion in Q1 2021
In the first quarter of 2021, fintech firms worldwide raised $22.8 billion in investments through 614…
MoMo: MTN’s YFDS Partners Bet Operators for Seamless Mobile Money Services
Y’ello Digital Financial Services (YDFS), a subsidiary of MTN Nigeria, has announced its partnership with gaming…
Africa Fintech Companies Raise More Capital in 2020 Despite COVID-19
Fintech companies in Africa raised more capital in 2020 despite the Covid-19 pandemic, standing in contrast…
Debit Cards: Still Driving Financial Inclusion
The last decade witnessed tremendous changes in the nation’s banking landscape. The number of bank customers…
China to Expand Digital Currency Experiments – Central Bank Deputy Governor
With over 900 million internet users and the largest digital economy in the world, China planned…
Nigerian Payments Startup, Flutterwave Raises $170m Series C, Hits Unicorn Status
Nigerian payments startup company, Flutterwave has hit $1bn in valuation, after securing an almost $170m Series…