Nigerian Banks, FinTechs compete for N400 trillion instant payment market
Nigerian commercial banks are vying for up to N2.7 trillion in unofficial deposits by taking advantage of the six-week window ...
Tag: Fintech
Flutterwave enables Google Pay for African businesses
Africa’s leading payments technology company, Flutterwave, Thursday, announced Google Pay, a mobile payment service developed by Google, as a payment ...
Pan-African firm, Oui Capital hits $30m second fund
Oui Capital, a Pan-African VC firm based in Lagos and Massachusetts, announced that it has completed the first closing of ...
U.S. Court Jails Nigerian Fintech Executives for $167 million Money Laundering
Fintech company being run by the Nigerians acknowledged it failed to maintain an effective anti-money laundering and unlicensed money transmission ...
FG Shuts Down illegal Fintechs In Lagos
...Freezes Business Accounts The federal government has begun moves to close down illegal online financial institution known as Fintechs and ...
New $250m Deal Makes Flutterwave Africa’s Highest Valued Startup
Flutterwave has secured a $250 million Series D deal, multiplying the company’s valuation in triple fold to reach $3 billion. ...
Herconomy Raises $600,000 Pre-Seed Funding to Introduce Financial Services and Expand Operations
From a women-focused community on social media to planning Africa’s largest financial services platform for women, Herconomy is leveraging fintech ...
Osinbajo Claims FG Is Driving Fintech Growth in Nigeria
Vice President Yemi Osinbajo has attributed the success of payment processing, saving and investment platforms such as Flutterwave and PiggyVest ...
SEC Creates Fintech Arm To Understudy Crypto Investments
The Securities and Exchange Commission (SEC) said that it has set up a Fintech division to study cryptocurrency investments and ...
A year after expanding to Europe, Nigerian fintech Lidya raises $8.3M to scale lending operations
Nigerian fintech and lending startup Lidya today announced that it has completed its $8.3 million pre-Series B funding round. Alitheia Capital led ...
