FinTech

Binance Rejigs Crypto Investment with New Auto-Invest Tool

Whether you’re new to investing in cryptocurrency, still trying to get your head around currency that can’t be stashed in your wallet, or a seasoned trader, chances are you’ll appreciate a tool that can make investment even easier. That’s why Binance, the world’s largest cryptocurrency exchange, has introduced Auto-Invest. “We understand that many people regard […]

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News

Over Four Million Nigerian Women Own Crypto, Ranks 9th Globally & Second in Africa

Nigerian women are on the 9th position of the percentage or women in leadership positions at crypto companies and more to reveal what role women are playing in crypto in 2023. The research from Forex Suggest analysed global cryptocurrency owner statistics showed that Nigerian women are the are the second in the African list and […]

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Business

Ecobank Unveils Fingo Africa App to Bring Africa’s Youth Financial Inclusion

Ecobank Kenya, part of Ecobank Group, the pan-African banking Group, has launched Fingo Africa app, which is set to revolutionize financial inclusion for young people in Kenya and across Africa. The app was developed in close collaboration between Fingo Africa, a Kenyan Fintech company and Ecobank. The launch of the App in Kenya will be […]

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FinTech

Kaspersky Blocks 161,272 Financial Threats in Nigeria’s Digital Payment System

The latest report by cybersecurity firm Kaspersky has painted a grim picture of Nigeria’s digital payments ecosystem, revealing 37% of respondents in its study suffered financial losses last year. The Kaspersky study says the majority of digital payments users (97%) lost up to $1,000 equivalent as a result of the threats they encountered when using […]

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FinTech

Nigeria, Zambia and Kenya Penned-Down for AfDB $525,000 Fintech Grant

The African Development Bank (AfDB) recently penned a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a one-stop shop for all fintech activities in Africa. The deal will see AfDB’s Africa Digital Financial Inclusion Facility (ADFI) provide funding and technical […]

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FinTech

Three Nigerian Startups Make Final 45 Lists of AfricaTech Award

Three of Nigeria’s Startups have made it to the top 45 list of the Viva Technology and the International Finance Corporation (IFC) of the second AfricaTech Award. The organisers announced that Blackcopper, Curacel and Checkbit are among the top 45 startups long-listed for the second edition of the AfricaTech Awards, a pan-African initiative recognising companies […]

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FinTech

More Women Than Men Now Own Mobile Money Account as Africa Propels Global Services

Mobile money services are growing faster than predicted around the globe, with the number of registered mobile money accounts growing by 13% year-on-year, from 1.4 billion in 2021, to 1.6 billion by the end of 2022. Southern Africa saw 24% year-on-year growth to reach 781 million registered accounts and 18 million active mobile money accounts […]

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FinTech

Nigeria Govt to Reap RenMoney, FairMoney, ALAT and Others of Customers’ Contacts May 31

All loan apps on Google Play Store such as Ren Money, Fair Money and ALAT from Wema Bank will lose their ability to access their users’ contacts or photos from May 31, 2023, the Federal Government has said. This comes as authorities say the latest policy by Google will be enforced. The action is consistent […]

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Business

MFS Africa Partners Access Bank to Boost Remittances from Nigeria and Kenya

Digital payments network in Africa, MFS Africa operating in over 35 African countries, has partnered with Access Bank, with operation across 17 markets, to expand AccessAfrica remittance corridors. AccessAfrica is Access Bank’s service that allows customers to conveniently transfer and receive money across the world from loved ones and business partners. The partnership will provide […]

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FinTech

Moniepoint MFB Appoints Hip-Hop Singer Phyno as Latest Brand Ambassador

Moniepoint Microfinance Bank has appointed Hip-hop Megastar, Phyno as one of its ambassadors as apart of its commitment to helping Nigerian businesses grow, through simplified access to business bank accounts, POS terminals and low-interest loans. Phyno began his career in music in 2003, focusing on hip-hop in 2010 and going on to win various awards […]

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