Nigerian lending software startup, Lendsqr, is building an artificial intelligence model that analyses borrowers’ voices and faces to determine if…
Moniepoint, the Nigerian fintech unicorn, has launched Monieworld, its remittance product that allows UK residents to send money directly from…
Nigeria recorded the steepest decline in cash transactions to surpass six cash-reliant economies in the past decade thanks to the…
When fintechs like Paystack and Flutterwave gained prominence between 2016 and 2019 to disrupt Nigeria’s financial sector, traditional banks had…
The Nigeria Inter-Bank Settlement System (NIBSS), the country’s largest payment switch, is betting on QR codes as a cash alternative…
In 2024, Nigerian fintechs faced significant regulatory pressure, including fines and a six-week ban on onboarding new users due to…
Moniepoint, the Nigerian fintech that recently raised $110 million at a billion-dollar valuation, has appointed Bayo Olujobi as the Chief…
M-KOPA Holding, a Kenyan startup that offers financing for smartphones and solar systems, has appointed former Nokia CEO Rajeev Suri…
African fintechs that help companies access banking services in the U.S. and Canada are wooing founders affected by Mercury’s abrupt…
Kuda, the Nigeria-focused neobank backed by Target Global, tripled its revenue, according to its latest audited financial statements filed with…
E-commerce giant Jumia appointed Anthony Mbagwu as the managing director of its Nigerian fintech arm, JumiaPay. Mbagwu joins JumiaPay from…
Margins are slim in the food delivery business. Whether it’s a cloud kitchen like Food Court, a restaurant aggregator platform…
For the rollout of Ayra Starr’s album ‘The Year I Turned 21,’ her recordMavin made an unusual marketing…
Prospa, the Y Combinator-backed business banking startup, is the subject of complaints and social media callouts after persistent delays in…
While the takeover of business banking startup Brass by a group of investors was widely hailed as a win by…
Following important changes to Know Your Customer processes by the Central Bank, fintech startups must now physically verify the addresses…
One month after obtaining a court order to recover $24 million lost to unauthorised POS transactions, Flutterwave suffered another security…
Kuda Microfinance Bank, the Target Global-backed neobank, has secured payment licences in Tanzania and Canada as part of an expansion…
Interswitch, the Visa-backed Nigerian payments giant that reported $42 million in revenue for its financial year ended March 31, will…
Interswitch, the Visa-backed Nigerian payments giant, has merged with M-Kudi, a mobile money provider, as it seeks a payment service…