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FinTech

5 Types of Biometrics for FinTech Platforms

3rd December 2022

  For decades, before biometrics, passwords have been the primary access control tool for users of digital platforms. And they still are, for the most part. But closer to the present, ill-intentioned agents have found ways to exploit the weaknesses of this tool, gain entry to users’ accounts, and steal their information (and money). Read … Continue reading 5 Types of Biometrics for FinTech Platforms

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FinTech

4 Reasons Why Cryptocurrency Is Crashing?

  Last week, Quidax and Lazerpay, two leading cryptocurrency platforms in Nigeria laid off over 50% of their workforce. It is not unconnected to the rising decline of cryptocurrency despite denials.  Although crypto crashes are not new, the recent bear market has caused great reasons for traders and investors to worry. In fact, experts have … Continue reading 4 Reasons Why Cryptocurrency Is Crashing?

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FinTech

Pivo Raises $2 Million Seed Funding

29th November 2022

  Pivo, a female-led Nigerian FinTech startup has closed a $2 million seed round that included participation from Precursor Ventures, Vested World, Y Combinator, Foundrs, and Mercy Corp Ventures. The FinTech startup is a financial service provider that offers a variety of services such as credit, payments, and expense management to small and medium-sized enterprises … Continue reading Pivo Raises $2 Million Seed Funding

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BUSINESS FinTech

Autocheck Launches Autochek Financial Services

26th November 2022

  On November 22, Africa’s leading automotive technology company launched its FinTech arm, Autochek Financial Services to accelerate automobile financing in Africa. The extension aims at providing a range of vehicle financing solutions for customers and businesses across the continent.  Read more about Business The FinTech service will also serve as a platform of financial … Continue reading Autocheck Launches Autochek Financial Services

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FinTech

These 5 Apps Will Protect Your Money Against Inflation

25th November 2022

  As prices across the board continue to soar and living gets ever more expensive, there’s a lot of concern that the real value of incomes is being depleted. This concern isn’t misplaced. The National Bureau of Statistics (NBS) says that the annual inflation rate currently stands at about 21%. In other words, it has … Continue reading These 5 Apps Will Protect Your Money Against Inflation

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FinTech TECH

Flutterwave Launches $endmobile, Signs Tobi Amusan As Ambassador

19th November 2022

  Africa’s leading payments technology company, Flutterwave, launched its mobile app, $endmobile on Friday, 18th of November. The app will facilitate the faster and easier transfer of funds from the Diaspora to the African continent.  Read more about Tech In a statement seen by Connect Nigeria, the FinTech giant also signed the Nigerian field and … Continue reading Flutterwave Launches $endmobile, Signs Tobi Amusan As Ambassador

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TECH

6 Chatbots Aiding the Digital Banking Revolution in Nigeria

  Artificial Intelligence was once little more than science fiction, stuff that old-school tech nerds predicted would be part of a future ruled by smart devices. That ‘future’ is now upon us: AI, along with Machine Learning (ML) and allied tools is a reality, and there are a growing number of crucial use cases for … Continue reading 6 Chatbots Aiding the Digital Banking Revolution in Nigeria

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How To TECH

How To Start a Computer Training or ICT Centre

16th November 2022

  Despite all that’s been said about how widespread digital literacy is, not everyone owns the computing devices needed to get a lot of important things done. Besides, outside of the major cities, whole swathes of the country still rely on ICT centres to get things like online registrations and result checking done. Read more … Continue reading How To Start a Computer Training or ICT Centre

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FinTech TECH

How FinTech Startups Can Achieve a Profitable and Sustainable Banking Transformation

15th November 2022

  The terrain of the financial services industry is advancing quickly, and for FinTechs in Nigeria to overcome, the need to diversify is crucial. Four key principles can stimulate FinTechs to attain a profitable and sustainable transformation. This can only be achieved by having a clear-cut pathway, a set of clearly understood prerogatives, an idea … Continue reading How FinTech Startups Can Achieve a Profitable and Sustainable Banking Transformation

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BUSINESS TECH

5 Leadership Strategies Employed by Progressive Fintech Startups

  With the current harsh economic climate pervading our world, providing the right leadership is very pivotal to any institution’s survival and growth. In this, startups are not left behind when it comes to providing strong leadership. Studies have shown that there will be a long-term growth rate of 2% through 2024, thus, FinTechs and … Continue reading 5 Leadership Strategies Employed by Progressive Fintech Startups

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BUSINESS TECH

Tips For Curtailing Cybersecurity Risks in Your Business

  Cybersecurity is very important and should be incorporated into your everyday business. In 2021, an IBM report shows that the average data breach costs $4.24 million. Therefore, cybersecurity should be appropriately supervised by making it (part of) someone’s duty. This might not necessarily indicate that you need to hire an in-house IT team. Read … Continue reading Tips For Curtailing Cybersecurity Risks in Your Business

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BUSINESS TECH

Big Data: 4 Practical Ways Small Businesses in Nigeria Can Utilise it

  Big data is a trending topic in the business and tech world. It is said to be a powerful body of data that offers insight. In fact, leading companies like Bloomberg conduct their trading with big data as well as other big businesses. Yet many are not aware that big data can also serve … Continue reading Big Data: 4 Practical Ways Small Businesses in Nigeria Can Utilise it

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FinTech TECH

Why Is the Nigerian FinTech Industry The Most Funded in Africa?

  Nigerian FinTech is the most funded in Africa. In the recent Google Black Founders funding series, 25 startups in Africa received between $10,000 and $50,000 to upscale. Out of the 25 startups, 18 startups were from Nigeria. There are a lot of factors driving foreign investors to look towards Nigerian startups. Read more about … Continue reading Why Is the Nigerian FinTech Industry The Most Funded in Africa?

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FinTech TECH

5 Tips on How to Navigate the Perfect Storm in FinTech

  In the past ten months, dozens of startups in Nigeria have either shut down or downsized. The big names such as Opay, Kuda, Konga, Jumia, etc. are not left out. This is the same elsewhere in the world. According to a report by Finextra, in the first quarter of 2022, global fintech indeed saw … Continue reading 5 Tips on How to Navigate the Perfect Storm in FinTech

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FinTech TECH

7 Facts About Nigeria’s FinTech Industry In 2022

11th November 2022

  Nigeria’s FinTech industry has grown rapidly over the past decade. Starting out with just a handful of payments companies, it’s expanded on all fronts and now includes multiple segments, each with a large number of players. The space is populated by hundreds of startups, with many new ventures emerging every other year. Read more … Continue reading 7 Facts About Nigeria’s FinTech Industry In 2022

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FinTech

Agency Banking, Not A Catalyst To Nigeria’s Cashless Vision

9th November 2022

  Agency banking, which led to the proliferation of POS terminals, has not aided in Nigeria’s cashless policy operations. Although the system was introduced in 2013 as part of the CBN’s efforts towards the cashless policy, more cash has been in circulation.  Read more about Fintech On January 1, 2012, the Central Bank of Nigeria … Continue reading Agency Banking, Not A Catalyst To Nigeria’s Cashless Vision

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FinTech

4 Leading Niches For Neobanks In Nigeria 

5th November 2022

    Digital banking thrives on niches. Without niches, customers will find it difficult to identify brands that are specifically designed to meet their needs. Hence, neobanks in Nigeria need to design their offerings in a way that announces their niches. Read more about Fintech In Nigeria, there are dozens of neobanks. Some of them … Continue reading 4 Leading Niches For Neobanks In Nigeria 

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BUSINESS TECH

SME Spotlight: Mira Technologies

Mira Technologies is a software development company based in Lagos. It designs, builds, and supplies enterprise software products for businesses in Nigeria. The company also delivers a range of IT solutions including web development, bulk SMS, and mobile applications. Read more about Business The sort of work that Mira Technologies does is crucial to the … Continue reading SME Spotlight: Mira Technologies

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Opportunities TECH

The NITDA 2023 Blockchain Scholarship: Applications Ongoing

The National Information Technology Development Agency (NITDA) has announced a scholarship for persons who want to begin a career in blockchain technology, and would like to acquire the skills they would need to do so. If you apply for this program, you could be one of 30,000 people across Nigeria selected to undergo training in … Continue reading The NITDA 2023 Blockchain Scholarship: Applications Ongoing

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FinTech

6 Things You Should Do Before Applying For A Digital Loan

4th November 2022

In the past, most regular people could not get loans from banks. Starting about a decade ago, online lending platforms emerged to fill this gap. They offered the public an easy and convenient way to apply for and get loans. All that users had to do was to register on loan apps, apply for loans, … Continue reading 6 Things You Should Do Before Applying For A Digital Loan

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FinTech

African Content Platform, Breach, Launches

3rd November 2022

  Crypto company, Nestcoin, has launched a content writing platform, Breach. The company which was formerly a website that educated readers on crypto content and helped them make better investment choices, has given other content platforms like Medium and Substack a run for their money.  Read more about Fintech In their bid to cause a … Continue reading African Content Platform, Breach, Launches

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TECH

“Japa” of IT Professionals Is Good For Nigeria — KPMG

Technology Risk Consulting partner at KPMG Canada, Chimaobi Ezeibe, has said that the emigration of Information Technology (IT) professionals from Nigeria is good. Read more about Tech Ezeibe said this at the ‘ThinkNnovation Cybersecurity Conference 2022’ organized by FITC in partnership with the Nigeria Inter-Bank Settlement Systems (NIBSS). As against popular opinion of brain drain, … Continue reading “Japa” of IT Professionals Is Good For Nigeria — KPMG

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FinTech

How Digital Banking Could Evolve Over The Next Ten Years

28th October 2022

Banking has undertaken an exhilarating journey of transformation in the past couple of decades. We have witnessed the appearance of mobile banking applications, which initially existed to complement service provision at banking halls. We’ve watched the emergence of fully digital financial institutions that do practically everything we expect of physical banks, but via online platforms. … Continue reading How Digital Banking Could Evolve Over The Next Ten Years

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Culture TECH

Google Partnership: To Preserve A Historical Site In Osun State

26th October 2022

Google Arts & Culture in partnership with The Adunni Olorisha Trust and CyArk have agreed to restore and preserve a historical site in Osun state. This called for the launch of the first and largest digital library of content showcasing the OsunOsogbo Sacred Grove. Read more about Tech This partnership serves as part of Google … Continue reading Google Partnership: To Preserve A Historical Site In Osun State

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TECH Telecommunication

NCC Rejects MTN And Airtel Tariff Hike

  Nigeria’s telecom regulator, Nigerian Communications Commission (NCC), has rejected the recent 10% tariff increase on voice and data services by MTN and Airtel, telecom service providers in Nigeria. Read more about Tech The tariff increase is said to be a result of inflation and general economic hardship as faced by individuals and businesses alike … Continue reading NCC Rejects MTN And Airtel Tariff Hike

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FinTech Opportunities TECH

Binance Charity Partnership With Utiva: 1000 Young Africans to Access Scholarship for Technology Skill Training

  Binance Charity has partnered with Utiva to sponsor 1,000 young Africans in a 1-year intensive skill training program. Binance Charity, which is a philanthropic arm of the world’s largest cryptocurrency company, Binance, has made a collaboration with a technology Education Company in Africa, Utiva to deliver this gold mine to young Africans. Read more … Continue reading Binance Charity Partnership With Utiva: 1000 Young Africans to Access Scholarship for Technology Skill Training

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FinTech

Moove Secures £15 Million Funding To Scale Operations In The UK

24th October 2022

    World’s first mobility FinTech, Moove has secured the sum of £15 million to scale its operations to the United Kingdom. Moove is arguably the biggest mobility tech startup as well the largest vehicle supply partner of Uber in EMEA. Raising a sum of £15 million from Emso Asset Management for expansion, operations, and … Continue reading Moove Secures £15 Million Funding To Scale Operations In The UK

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FinTech TECH

How To Protect Your Mobile Banking Apps From Hackers

Bank apps—and FinTech apps in general –have made financial transactions relatively easy. They have brought a level of convenience to payments, account access and wealth management that we could only have dreamt of just a couple of decades ago. But this benefit has come at a cost. Read more about FinTech Cyber criminals have found … Continue reading How To Protect Your Mobile Banking Apps From Hackers

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Health TECH

The Role of Technology in Improving Africa’s Healthcare System

19th October 2022

Africa’s health system is the world’s least developed. — It is underfunded, understaffed, and overstretched. The first thing to note is that Africa is a diverse continent with diverse governance structures, especially in the Francophone and Anglophone countries, whose governance reflects their colonial masters’. Read more about Health Nevertheless, almost all African countries share similar … Continue reading The Role of Technology in Improving Africa’s Healthcare System

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TECH

MTN Sets to Drive 5G Adoption with Smartphone Financing in Nigeria

  In Nigeria, MTN Nigeria wants to drive 5G adoption with smartphone financing. To achieve this goal, the telecom giant has partnered with Intelligra, an open platform for smartphone financing. The goal is to drive smartphone penetration in Nigeria to 60% by 2025 through a Buy Now Pay Later (BPNL) alternative. Read more about Tech … Continue reading MTN Sets to Drive 5G Adoption with Smartphone Financing in Nigeria

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