Archives Tag: FinTech
How Businesses Can Use Web 3.0 Technology To Gain a Competitive Edge
April 19, 2022
There is much buzz about Web 3.0 and how it is going to influence the mode of operation in areas of business, technology and sociopolitical and economic spaces. Experts have stated that Web 3.0 will define how we live and work. Read more about Tech One will naturally wonder what 3.0 is all about? … Continue reading How Businesses Can Use Web 3.0 Technology To Gain a Competitive Edge
How FinTechs Can Effectively Serve Rural Areas In Nigeria
April 19, 2022
With only 30% of rural Nigeria boasting access to internet-enabled smartphones and a low level of digital literacy among rural residents, Nigeria’s rural heartland is not part of Nigeria’s FinTech revolution. Despite making up 70% of Nigeria’s population, the people living in rural areas are the most underserved when it comes to accessing FinTech … Continue reading How FinTechs Can Effectively Serve Rural Areas In Nigeria
How Nigerian BNPL Platforms Can Address Payment Challenges
April 19, 2022
Buy Now, Pay Later (BNPL) is a very challenging type of FinTech to set up in Nigeria. There are various BNPL platforms in Nigeria. And in recent times, there have been low approval ratings for the BNPL industry. There are a plethora of problems facing BNPL platforms as there are, however, fees for missed … Continue reading How Nigerian BNPL Platforms Can Address Payment Challenges
Nigeria’s GIGM App Integrates Bills Payment, E-wallet Features
April 19, 2022
GIG Mobility (GIGM, formerly GIG Motors), a Nigeria-based transport company has released electronic wallet and bill payment features on its app this week as part of its effort to broaden its offerings beyond road mobility. Read more about Apps According to GIGM, the new functionalities allow its more than 600,000 members to “fund their e-wallet … Continue reading Nigeria’s GIGM App Integrates Bills Payment, E-wallet Features
5 Tech Businesses You Can Start In 2022
April 19, 2022
The dot-com generation gave rise to the booming tech industry we have today. This boom has swept through Africa and has opened up several business opportunities for tech enthusiasts. Read more about Tech As with all successful tech companies, it all begins with an idea. While it can be hard to come up with a … Continue reading 5 Tech Businesses You Can Start In 2022
How FinTechs Can Design Their Operations To Suit Gen Z Customers
April 19, 2022
Of the generations, Gen Z is the most tech-savvy and social media and internet-driven. In 2012, 94% of teens had an account. A decade later, it’s thought that only 27% of adolescents use the network. Leading corporations are attempting every new day to meet the demands of the teeming young and new generation … Continue reading How FinTechs Can Design Their Operations To Suit Gen Z Customers
Trove, A Nigerian FinTech Moves Global With The Launch Of Trove 2.0 And New Website
April 19, 2022
Trove, a Nigerian FinTech solution, has filled a void by offering an easy-to-use digital investment platform that is increasing investment participation and inclusion while also providing a secure and cost-effective alternative to the paper-based investment process, which is primarily provided by brokers charging exorbitant fees. Read more about FinTech Cofounded by Austin Akagu, Desayo … Continue reading Trove, A Nigerian FinTech Moves Global With The Launch Of Trove 2.0 And New Website
Voyance, Nigerian Data Startup Announces $500000 Pre-seed Round
April 19, 2022
Voyance, a Nigerian database infrastructure company, has announced that it raised $500,000 in pre-seed funding round. Voyance is a big data company that helps businesses forecast the future using machine learning combined with the business’s data. Read more about Tech The platform answers questions like, what will a company’s revenue look like in the … Continue reading Voyance, Nigerian Data Startup Announces $500000 Pre-seed Round
The Future Of Bento Africa, Payroll Software Solution
April 19, 2022
In Nigeria, the payroll frequency is usually monthly, bi-weekly or weekly. The payment for salaries is to be made at least once a month. There are no statutory requirements for 13th-month salary payments but bonuses are common and are based on the discretion of the employer. Read more about Tech For small business owners or … Continue reading The Future Of Bento Africa, Payroll Software Solution
Lazerpay, The Blockchain-Powered Payment Infrastructure
April 19, 2022
LazerPay the Nigerian startup, building an online payment process for cryptocurrency launched in beta in October 2021. And it gave early access to 500 businesses and creators in Africa. Before the beta launch last year, LazerPay received an undisclosed amount of investment from Nestcoin, an innovative venture that builds, operates, and invests in products making … Continue reading Lazerpay, The Blockchain-Powered Payment Infrastructure
The Era Of Remittance Applications In Nigeria
April 19, 2022
Nigeria had close to $25 billion in annual remittance in 2019. During the start of the Covid -19 pandemic, the total remittance to Nigeria dropped to $3,373.09 million in the second quarter of 2020 from $5,629.04 in the first quarter of 2020. The World Bank has projected $17.6 billion Diaspora remittances into Nigeria in 2021, … Continue reading The Era Of Remittance Applications In Nigeria
How To Build A Productive FinTech App In 7 Strategic Steps.
April 19, 2022
Have you ever experienced a FinTech app that made your customer experience a nightmare? There is a proliferation of FinTech apps in Nigeria with so many very unproductive. For app developers, too, building a FinTech app from the scratch can be a nightmare. The FinTech industry in Nigeria is a booming one and both … Continue reading How To Build A Productive FinTech App In 7 Strategic Steps.
Indicina Is Enabling Lenders To Give African Loans Using Alternative Data
April 19, 2022
In May 2017, the bills on Secured Transactions in Movable Assets Acts (Collateral Registry Act), 2017 and the Credit Reporting Act, 2017 were signed into law by Nigeria’s Vice President, Prof Yemi Osinbanjo. This means that individuals with cars could register them as movable assets on the National Collateral Registry as collateral to secure loans … Continue reading Indicina Is Enabling Lenders To Give African Loans Using Alternative Data
Business Ideas To Make Money From Nonfungible Tokens
April 19, 2022
The market valuation of the Nonfungible tokens universe has risen to about $7 billion, an increase from a monthly sales volume of $400 million at the start of 2022. The worldwide clamour for Nonfungible Tokens services as well as the large sums of money associated with the concept is attracting more and more entrepreneurs into the NFT … Continue reading Business Ideas To Make Money From Nonfungible Tokens
Kippa, The Perfect Solution For Bookkeeping By Small Businesses In Nigeria
April 19, 2022
Bookkeeping and accounting are vital parts of a business, especially one that doesn’t want to go bankrupt. Employing an unreliable bookkeeping system will cause business owners not to know whether their business is making profits, when to purchase a new asset, and when to expand the business. Read more about FinTech Most business owners … Continue reading Kippa, The Perfect Solution For Bookkeeping By Small Businesses In Nigeria
