The value of mobile transactions also jumped by 124.85% to N2.37tn from N1.05tn in January 2022.
Mobile transfers increased by 125% compared to the same period the previous year.
Nigeria’s leading fintech giant, Flutterwave has received two licenses in Egypt as it moves to deepen payments in Africa and connect the continent to the rest...
Nigerian fintech and African unicorn Flutterwave have been cleared of money laundering allegations leveled against it by the Kenyan Asset Recovery Agency (ARA). The withdrawal of the...
Twitter CEO Elon Musk is currently pushing ahead with his plans for Twitter to offer fintech services, as he seeks to incorporate a payments option on the...
In a bid to navigate the challenging macro-economic environment, American payment platform Paypal has revealed plans to trim 7% of its global workforce, approximately 2,000 of its...
The number of credit cards issued via digital card issuance platforms will exceed 321 million globally by 2027, from 120 million in 2023
As the decline in macroeconomic factors persists globally, consumer spending via payment giant Mastercard has continued to decline along with the company’s shares. The company shares...
A cross-border B2B payment is any payment between businesses for goods or services made internationally; irrespective of the different payment methods involved.
Online payment platform Stripe has slashed internal value of its shares by 11%, putting the company’s internal valuation at $63 billion. The internal valuation known as...
