ADEWUMI OJO With the rising rate of unemployment in the country, managing director SystemSpecs, John Obaro has called on the federal government to provide technical...
Nigerian FinTech Association Appoints Executives
PayTech
Verve was launched in 2009 and is currently the only African card scheme that is a member of EMVCo, the global body responsible for setting and regulating payment card...
Berlin-based savings and investment marketplace Raisin, backed by high-profile companies including Index Ventures and PayPal launched in Ireland. The German fintech...
PayPal, a global payment platform has become the first foreign firm to get an online payments license in China after buying a 70% stake in Guofubao Information...
One of the leading fintech firms, eTranzact International has reported a 59 per cent growth in its revenue for the 2018 financial year. The company’s financial statement...
FinTech
The Fintech Association of Nigeria has been strengthened with the recruitment of a Chief Operating Officer (COO), an Engagement Manager and a...
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LendTech
WealthTech
The co-founder/CEO of Paxful, Ray Youssef, has warned Nigerians to be wary of flashy crypto-investments. Youssef, in a statement on Thursday, advised cryptocurrency...
Kenya-based sharing economy trust engine UTU Technologies is to become the first African company to conduct an Initial DEX Offering (IDO) on Binance’s decentralised DEX...
The price of Bitcoin has dropped 20% in the past month, with the largest intraday price drop of 18% taking place last week Tuesday, 24 September. The current price is...
A group of cryptocurrency exchanges have banded together to create the Crypto Currency Council, aiming to bring some much-needed clarity to the regulatory rules...
Nearly half of capital markets professionals around the world say their firms are already using AI in their trading processes, according to a Greenwich Associates report...
FemTech
InsurTech/RegTech
After a dip in the financial inclusion headline figure in 2016, the biannual financial inclusion survey number shows a marginal increase from 58.4 per cent in 2016 to 63...
China is further opening up its financial sectors to foreign investors by loosening regulatory requirements and lifting business restrictions on foreign banks and...
OLU OJO PHILLIPS To tackle the issues of insufficient enrolment centres, the National Identity Management Commission (NIMC) in partnership with the World Bank, Agence...
The Central Bank of Nigeria, CBN, yesterday issued regulations for the operations of indirect participants in payments system in a bid to develop digital financial...
The top 12 innovative and sustainable fintech solutions have been shortlisted for the Global Fintech Hackcelerator @ Southern Africa. The South African Reserve Bank...
Again, MTN Misses PSBs License in Nigeria as CBN Prefers Glo, 9Mobile & Unified Payment Subsidiaries
MTN Nigeria’s hope of playing in the financial services industry in Nigeria has been dashed with the refusal of the Central Bank of Nigeria (CBN) to grant the telecom...
US-based commercial insurance fintech Broker Buddha has raised $4.5 million in a funding round led by Vertex Ventures. Broker Buddha simplifies the application and...
In line with its objective of enhancing financial inclusion and the development of the payment system by increasing access to deposit products and payments services...
Facebook has faced a grilling from 26 central banks over the scope and design of its proposed cryptocurrency Libra, amid mounting concern over the threat posed to...
SARAH BOLAJI The Central Bank of Nigeria [CBN] has intensified its efforts to ensure it attains the financial inclusion strategy 2020 of attracting 60 million Nigerians...