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...
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...
African Fintech giant Flutterwave is among those currently seeking to acquire the company.
N2.63tn was recorded on e-bills payment from January 2022 to November 2022 as against N2.05tn of 2021 which amounts to 28.14 per cent increase.
Data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that total transactions made by Nigerians via mobile banking in November 2022 stood at N2.1 trillion while...
Visa plans to invest $1 billion over the next five years in Africa to capitalise on the emerging economy’s rapid growth in digital payments, the company...