FinTech

PalmPay Rewards Winners of ‘Purple Christmas Campaign’ with Hamper Goodies

Lucky winners have begun to emerge in the ongoing PalmPay Purple Christmas campaign featuring Nigerian singer-songwriter and pop star Teni. Mary Gbemisola, one of the lucky winners of a hamper and other Christmas gifts delivered to her house by Teni, said she was “happy receiving a Christmas gift from Teni,” adding, “Now my Christmas is […]

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Business

CBN Investigates Naira Scarcity, to Sanction Erring Banks & POS Operators

The Central Bank of Nigeria (CBN), is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in the country. The Apex bank in a statement titled, ‘CBN cautions banks, PoS operators over availability of the naira …Provides digital feedback box to address complaints’. The Bank said, “The attention of the Central […]

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Business

PalmPay Unveils Shoppers’ Guide at Yuletide, Urge Consumers to Embrace App

As part of its shoppers’ guide during the yuletid, Palmpay a player in the Nigeria fintech industry has released what its customers need to know while using its services. As the holiday shopping frenzy reaches a crescendo ahead of December 25th,  many shoppers will struggle to find retail outlets that offer “the best shopping experience,” […]

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Business

US Base Fintech Services Provider Expands Coverage to 100%

Chipper Cash, a financial services company serving over five million customers across Africa and the US, said  it now provides 100 per cent coverage in the US, enabling retail and business customers to use the Chipper app to securely send money domestically and internationally in every US state. The fintech has steadily been delivering on […]

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Business

Africa’s Fintech Landscape to Witness Massive Mergers & Acquisition in 2024, Says Trade Lenda Report

The current funding landscape in Africa’s fintech sector is expected to result to more acquisitions that would be considered by existing startups according to the predictions for 2024 Sub-Saharan Africa Fintech Landscape released by the Co-Founder and Chief Executive Officer of Trade Lenda Limited, Mr. Adeshina Adewumi In the report titled, The Future of Fintech […]

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Business

Patricia Technologies Applauds Police for Nabbing Culprit Behind Platform’s Security Breach

Patricia Technologies, a Nigerian cryptocurrency exchange has commended the  Nigerian Police Force for apprehending the perpetrators behind the security breach on its trading online platforms sometime ago. Chief Executive Officer of the Tradefada, Seun Dania in a statement highlighted the significance of the Police effort in restoring trust not only in Patricia Technologies but also […]

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FinTech

Binance Team Visits Nigeria, Assures of Commitment to Safety of Virtual Asset Ecosystem

Binance remains committed to upholding the safety of the global virtual asset ecosystem. Recently, in collaboration with Nigerian law enforcement, including the Nigeria Police Force and the Economic and Financial Crimes Commission (EFCC), Binance’s Compliance team collaborated with Nigerian agencies to orchestrate a thorough Seminar on Investigating Virtual Currency Crimes Attended by over 35 law […]

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Business

Scan to Pay Unveils Voucher System for Consumers in Over 600,000 Locations

Scan to Pay, powered by Ukheshe, the largest QR payment ecosystem in South Africa, has unveiled a significant expansion of its voucher system. This new phase introduces the ability for South Africans to purchase and share Scan to Pay voucher directly via the app, giving shoppers access to an impressive network of over 600,000 locations.  Tracy-Lee […]

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Business

Trade Lenda in Partnership with TechnologyMirror Take SMEs Trade Fair to Kwara State this Weekend

Following the successful hosting of the Lagos edition of Trade Lenda SME Trade Fair, Trade Lenda in partnership with TechnologyMirror move the fair to Ilorin, the Kwara State capital city this weekend. The Kwara Trade Lenda Fair is set to be a pivotal event, showcasing a dedication to empowering small and medium-sized enterprises (SMEs) and […]

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News

Virtual Card Spend Driven by API-based Issuing to Reach $13.8trl  by 2028

By 2028, global virtual card spend will have increased by 355%; from $3.1 trillion in 2023. The key driver will be the adoption of API-based virtual card issuing platforms, a new study by Juniper Research, revealed. Virtual cards use randomly generated and generally temporary card numbers linked to a payment account, which are used to […]

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