The Corporate Affairs Commission (CAC) has announced that 100,000 Point of Sale (POS) operators have formally registered their businesses under its POS formalisation project. This development...
Revenue generated from the Electronic Money Transfer Levy (EMTL) rose by 107% to N31.2 billion in December 2024, up from N15.046 billion recorded in November 2024....
Following the Electronic Money Transfer Levy of N50, charged by the Federal Inland Revenue Service (FIRS) on every electronic inflow of N10,000 and above, operators of...
Digital payment banks like PalmPay, OPay, Moniepoint, among others have started the implementation of N50 stamp duty collected by the federal government. The fee, known as...
The National Identity Management Commission (NIMC) has announced plans to charge Nigerians for the newly introduced multipurpose national identity cards, citing limited government revenue as the...
Nigeria’s latest fintech unicorn, Moniepoint, is set to enter into the commercial banking business as it is chasing a license from the Central Bank of Nigeria...
Moniepoint, a Nigerian-based fintech startup, has attained unicorn status after raising $110 million at over $1 billion valuation, according to the Financial Times. The company now...
The US boasts of a bustling FinTech landscape with more than 7K funded companies and 137 active FinTech Unicorns. Though the US ranks first globally in...
Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched its Kazang Pay card acceptance solution for merchants in...
PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the company offers a unified...
