News

Ex-FirstBank Chief, Shobo Joins FairMoney  Board to Strengthen Corporate Governance Structure 

FairMoney Microfinance Bank, one of Nigeria’s technology-driven financial institutions, unveiled the appointment of seasoned banking professionals, Gbenga Shobo as Chairman of the Board, and Debo Aderoju as Executive Director and Chief Risk Officer. The appointments are part of the Bank’s ongoing efforts to strengthen its corporate governance structure and executive leadership capacity respectively, as it […]

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FinTech

Verve Unveils New Pan-African 360-degree ‘The Good Life’ Brand Campaign

Interswitch, Africa’s pay system company has unveiled a new thematic brand television commercial (TVC) for Verve, alongside a fully integrated Pan-African media campaign spanning Television, Digital, Radio, Outdoor, and Social Media platforms. The new campaign, which was unveiled to journalists at press conference in Lagos, Southwest Nigeria, marks a significant milestone in Verve’s journey, as […]

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FinTech

Nigeria Leads as M-KOPA’s Fastest-Growing Market with Over ₦230bn  in Credit Unlocks Income Growth 

M-KOPA Nigeria latest  first Impact Report, has revealed over ₦230 billion in credit unlocked for over 1 million customers, becoming M-KOPA’s fastest-growing market and fastest to reach this milestone. The report highlights the company’s contribution to income generation, digital inclusion and economic opportunity for Every Day Earners across the country. Since 2019, M-KOPA Nigeria has […]

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Business

Global Crypto Firm, MEXC Unveils Cryptocurrency Trends to Watch in 2026, Says Tokenization Unlocks Liquidity

As we move deeper into 2026, the rapid convergence of traditional finance (TradFi) and cryptocurrency has become the dominant narrative in global with MEXC , the user-friendly crypto exchange, leading the charge. By aggressively listing tokenized TradFi assets, maintaining true zero-fee trading on key pairs, and launching its innovative Gold Launchpad for seamless trading access […]

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FinTech

Iraq Premier OTT Service Provider, 1001 Selects Bitmovin Player to Elevate Video Streaming Capabilities

Bitmovin, a provider of video streaming solutions, has announced that 1001, a premier OTT service in Iraq, has chosen the Bitmovin Player to improve its video streaming performance and increase reliability and consistency across devices, which in turn will improve user experience. Alongside use of the Bitmovin Player, 1001 will also leverage Bitmovin’s Observability tool […]

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FinTech

MoMo, SMEDAN Signs Strategic Partnership to Enhance Small Businesses with Digital and Financial Tools 

MoMo PSB, the fintech subsidiary of MTN Nigeria, has announced a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to support small and medium-scale businesses with digital and financial tools that make it easier to run their operations efficiently, grow revenue, and scale sustainably. This Memorandum of Understanding was signed at the MoMo PSB […]

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Business

Mobility Fintech GoCab Secures $45m to Scale Electric Mobility and Financial Inclusion Across Africa

GoCab was created to address a fundamental challenge across Africa: limited access to ethical financing and vehicle ownership for gig-economy workers. By combining mobility, technology, and inclusive finance, the company enables drivers and delivery couriers to generate stable income while progressively gaining ownership of their vehicles. By 2025, GoCab had taken a leading position in […]

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Business

Nigeria’s Fintech Industry Still Battles Infrastructure a& Institutional Challenges, Says CBN Fintech Report

Nigeria’s fintech industry is still battling with the challenges of infrastructure and institutional capabilities, according to the latest report by the Central Bank of Nigeria (CBN) that was released yesterday, and sighted by TechnologyMirror. The CBN Fintech Report with the theme: Shaping the Future of Fintech in Nigeria: Innovation, Inclusion and Integrity, called for focus […]

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FinTech

Paystack Launches Holding Company, The Stack Group

Paystack, a has launched The Stack Group (TSG), a parent holding company that will aggregate the tech-focused family of brands connected with Paystack. TSG Founding shareholders include Stripe, Shola Akinlade (Founder and CEO of Paystack), and existing Paystack employees. The agreements establishing TSG as the parent holding company were signed in October 2025, and are subject to the requisite regulatory […]

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Business

Mobile Money Users in Emerging Markets to Reach 2.2 Billion by 2030, as Interoperability and Integration Drive Growth

Over 53% of the adult population in emerging markets will use mobile money services by 2030; expected to gain over 370 million additional users from 2026. A study by Juniper Research identified the rising adoption of open platforms and APIs as being key to enabling interoperability saying that these changes allow providers to integrate seamlessly […]

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