Visa Plans to Acquire Plaid for $5.3b Visa Inc, one of the world’s largest payment platforms, has perfected plans to acquire fintech giant, Plaid, for $5.3...
Nigeria’s Fintech Startups Raise $400m in 2019 -CBN Nigeria’s Financial Technology (fintech) companies raised a combined $400 million in 2019, according to the Central Bank of...
CBN to Increase Regulation of FinTech Companies The Central Bank of Nigeria (CBN) is working on plans to improve the regulation of Financial Technology (FinTech) companies...
Domestic Mobile Payments to Reach 203 Billion in Five Years —Report The volume of domestic mobile payments is estimated to grow by 56 per cent to...
Kenya leads Nigeria, Others in Mobile Banking Kenya has emerged Africa’s largest mobile banking leader in sub-Sharan Africa (SSA) following the publication of a survey conducted...
Instant Bank Transfers Rise to N41.48tn in Five Months The value of transactions via the Nigeria Interbank Settlement System Instant payment system rose to N41.48tn in...
Digital Banking Threatens Traditional Banks, Says CIBN Digital banking is increasingly becoming a threat to the traditional banking system, the Chartered Institute of Bankers of Nigeria...
PoS Transactions Increase by 57.6% in Four Months The Nigerian Interbank Settlement System (NIBSS) has reported an increase in the total number of transactions performed on...
Mobile Money Agents Partner on Financial Inclusion The Association of Mobile Money Agents in Nigeria (AMMAN) in collaboration with EcosaHybrid Network, recently held a capacity building...
Flutterwave Receives ISO 27001 and 22301 Certifications One of Africa’s leading fintech startups, Flutterwave, has been granted ISO 27001 and 22301 certifications by the International Standards...