Paystack has completed the acquisition of Ladder Microfinance Bank as it moves to transition from a payments-focused model into regulated banking operations. The transaction provides Paystack with...
Africa’s largest fintech company, Flutterwave, has taken a strategic equity position in Nigerian open banking firm Mono as it expands into bank-based and data-driven payment infrastructure. The...
PiggyVest has reported total payouts of ₦1.3 trillion to users in 2025 as activities on the digital savings platform rose amid growing adoption of fintech-led wealth...
The Central Bank of Nigeria (CBN) has introduced a new set of policy reforms aimed at strengthening oversight of the fintech sector, a significant regulatory shift...
The Economic and Financial Crimes Commission has issued a formal warning to digital bank OPay, urging the company to strengthen its fraud prevention and anti-money-laundering controls...
Paystack co-founder and former Chief Technology Officer, Ezra Olubi, has questioned the circumstances surrounding the termination of his employment, saying the company removed him before an...
Paystack has terminated the employment of its Co-founder and former Chief Technology Officer, Ezra Olubi, following allegations of inappropriate conduct involving a junior employee. The decision...
Stripe-owned Nigerian fintech company, Paystack, has suspended its Co-Founder and Chief Technology Officer, Ezra Olubi following viral allegations of sexual misconduct and the resurfacing of decade-old social...
The Nigeria Inter-Bank Settlement System (NIBSS) has introduced the National Payment Stack (NPS), a new digital infrastructure designed to modernise and secure the country’s payment ecosystem...
Digital-lending startup Lidya has formally ceased operations in Nigeria, ending a near-decade run in the small and medium-sized business (SME) credit market despite raising approximately US$16.45...
