Global payments revenue is projected to grow to $2.4 trillion by 2029, according to new research from Boston Consulting Group (BCG). While growth is expected to moderate to 4% annually over the next five years, the industry is undergoing a foundational reset as agentic AI, digital currencies, and fintech business models begin to shape the […]
Read MoreAMA PRESS RELEASE Africa’s infrastructure solution provider, Africa Finance Corporation has joined the sponsors league of the Africa Fintech Summit even as it recently announced the institution’s transformative impact across Africa, where AFC-financed projects have contributed over $50 billion to regional GDP and enabled the creation of 7 million jobs in 36 countries. AFC has […]
Read MoreAMA PRESS RELEASE Africa Fintech Summit (AFTS) is set for kick-off with the Ministry of Communication, Digital Technology and Innovations (MOC) as a Strategic Partner for the 14th edition of the summit. The Accra International Convention Centre (AICC) Summit, comes on the heels of the n Accra from some of the bold moves by MOCDTI, […]
Read MoreOne of the world’s most leading technology event has berthed in Nigeria with two editions holding both in Lagos, Southwest Nigeria and at the nation’s capital, Abuja where the world came to showcase technology that delegates from across the world were excited to behold. It took over a decade of active participation by Nigerians to […]
Read MoreThe Central Bank of Nigeria has directed that all Point of Sale (PoS) terminals in the country be geo-tagged within 60 days In a statement dated August 26, 2025, obtained by our correspondent, CBN said the move is part of measures to curb fraud and strengthen oversight of digital payments. It is also part of […]
Read MoreFor decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals, guarantors, and endless paperwork, effectively shutting out a large portion of the population working in the informal economy. FirstBank’s digital lending model flipped the script. With the launch of its […]
Read MoreBitcoin has surged to fresh record highs this week, trading above $123,000 and pushing further past July’s peak as momentum from institutional buying, corporate treasury adoption, US policy support, and sovereign-level gains continues to build. The move strengthens global financial advisory giant deVere Group’s projection that Bitcoin could hit $150,000 before the end of 2025. The world’s […]
Read MoreThe global cross-border B2B transactions will reach 18.3 billion in 2030; up from 16.3 billion in 2025. This 13% growth will be driven by increased globalisation despite tariffs, as well as new payment types such as stablecoins reducing payments barriers. According to Juniper Research forecasts, cross-border B2B transactions will be resilient in the face of […]
Read MoreA former staff based in the United Kingdom has dragged unicorn firm, Moniepoint to court over failed contract obligation demanding that his money worth over $889,000 be paid. The Story.. When Damilola Ajiboye joined Moniepoint, formerly called TeamApt, with the promise of stock options after working for five years, he never expected that he’d be […]
Read MoreAfrica’s Global Bank, United Bank for Africa (UBA) Plc, is celebrating a decade of impactful digital transformation through its strategic partnership with leading fintech firm, VERiCASH. The collaboration, which birthed the award-winning UBA Mobile App, has revolutionised digital banking across the continent – delivering seamless, secure, and user-friendly experiences to millions of customers. To commemorate […]
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