Nigeria’s electronic payment (E-payment) transactions rose by 66% to N664.21 trillion in 2023, a significant uptick from N387 trillion in the previous year. This surge in...
Moniepoint, one of Nigeria’s leading payment startups, performed over 5 billion transactions in the fiscal year 2023. This was revealed in an internal company presentation that...
Opay, the Nigerian fintech giant, has issued a stern directive to its customers on the need for immediate compliance with the Know Your Customer (KYC) requirements...
PalmPay, a prominent fintech platform boasting over 30 million registered users, has introduced a stringent requirement for new users. The latest in-app update mandates that individuals...
In a significant move to bridge the virtual and physical realms of financial transactions, M-PESA, the widely-used mobile money platform has joined forces with Visa to...
OPay, a leading mobile banking institution, has received acclaim from the World Economic Forum (WEF) for its role in revolutionizing financial inclusion in the country. The...
Nigeria’s blockchain payments platform Bitmama Inc. has successfully acquired Payday, a virtual card service provider. The acquisition, facilitated through Bitmama’s cross-border payments product, Changera, signals a...
Grey, a leading cross-border fintech company, has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design. This strategic move aligns...
Moniepoint, a trailblazer in the Nigerian financial services sector, emerged triumphant by securing two coveted titles – the most outstanding fintech company for financial inclusion and...
Interswitch, the renowned payments infrastructure giant in Africa, has initiated a comprehensive fund recovery operation following a crippling system glitch that led to a loss of...