JUST IN: At Last CBN Clears Mobile Money Operators on Customer Onboarding
The Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint…
eTranzact Secures License to Operate in Uganda
Nigerian-based payment technology solutions provider eTranzact has officially expanded into Uganda. The company’s expansion comes after receiving operational licenses from the Central Bank of…
CBN DIRECTIVE: Opay & Palmpay to Ban Customers Trading in Cryptocurrency
Following a recent stopping of onboarding of new customers handed-over to OPay, Moniepoint, Palmpay, and Kuda Bank by the Central…
Opay, Palmpay & Moniepoint Customers’ Fund Safe Despite Onboarding Order-Report
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has directed fintechs OPay, Palmpay, Kuda Bank, and Moniepoint to suspend…
15 Years After, Paga Recounts Business Gains, Says We Processed N14trl worth of Transactions
Nigerian Fintech company, Paga has counted the gains of doing business in Nigeria in the last 15 years in the…
Instant Payment Transactions to Surpass $58trl by 2028 as Competition with Card Payments Increase
Instant payments market will grow by 161%, up from $22 trillion in 2024. This substantial growth will be driven by…
Quest for Resilient Business Models for Startups Tops Discourse at Hydrogen Fintech Workshop
The quest for a resilient business models topped discourse at a workshop hosted by the Hydrogen Payment Services Company Limited…
JUST IN: Fleeing Binance Executive Arrested in Kenyan, Govt Begins Extradition
Police authorities in Kenya have reportedly arrested Nadeem Anjarwalla, an executive of cryptocurrency platform Binance, who fled Nigeria some weeks ago.…
Banking-as-a-Service Platform Revenue to Reach $94bn by 2028, as API Deployment Unlocks Fintech Innovation
Global BaaS (Banking-as-a-Service) platform revenue generated from account/card issuing and transaction fees will grow by 158% to 2028; up from…
Alternative Bank, TK Tech Africa Unveils Sukuk Initiative
The Alternative Bank and TK Tech Africa have joined forces to establish a $500 million digital Sukuk initiative, which they…