Archives Tag: FinTech
How To Navigate The Challenges Of Fintech Regulation In Nigeria
April 19, 2022
Fintech has rapidly gained popularity in Nigeria, with startups and established companies leveraging technology to deliver financial services to consumers and businesses. However, as the fintech industry continues to grow and evolve, so too do the challenges of fintech regulation in Nigeria. In this article, we will explore the challenges of fintech regulation in … Continue reading How To Navigate The Challenges Of Fintech Regulation In Nigeria
The AWS FinTech Africa Accelerator Program 2023
April 19, 2022
Applications are currently open for the AWS FinTech Africa Accelerator Program 2023. If you run an early-stage FinTech and you’re seeking technical support and business resources that will enable you to successfully scale your startup, you should consider applying for this opportunity. Read more about Opportunities The AWS FinTech Africa Accelerator is an initiative … Continue reading The AWS FinTech Africa Accelerator Program 2023
How to Build a FinTech Startup in a Low-Funding Environment
April 19, 2022
In recent times, we’ve seen the funding flows coming into startups begin to dry. Investors, wary of the wobbly economies in their home countries, are sealing their purses and holding their cash closer. As a result, the outlook for the tech ecosystem—including FinTech – has soured. Many FinTech startup founders wonder how they’re going … Continue reading How to Build a FinTech Startup in a Low-Funding Environment
Developing AI-Enabled Personal Finance Management Tools
April 19, 2022
The fintech industry has seen significant growth in recent years, with startups disrupting traditional banking and finance services by offering innovative solutions to manage personal finances. One of the key drivers of this growth is the rise of artificial intelligence (AI), which has enabled fintech companies to provide personalized and intelligent financial services to … Continue reading Developing AI-Enabled Personal Finance Management Tools
Flutterwave acquires more FinTech licenses in Rwanda
April 19, 2022
Flutterwave made a move to expand its operations in East Africa in 2020, by introducing its payment services in Rwanda through a payment service provider. According to Olugbenga Agboola, the co-founder and CEO of Flutterwave, Rwanda was an easily accessible country for the company as it obtained its license without difficulty, in a swift … Continue reading Flutterwave acquires more FinTech licenses in Rwanda
Creating Crypto Payment Solutions for Fintech Startups
April 19, 2022
Nigeria is one of the fastest-growing markets for fintech startups in Africa. The country has a large unbanked population, and the high cost of traditional banking services has led to the growth of mobile money and fintech startups. With the increasing adoption of cryptocurrencies in Nigeria, fintech startups are exploring ways to develop crypto … Continue reading Creating Crypto Payment Solutions for Fintech Startups
Developing Contactless Payment Solutions for Fintech Startups
April 19, 2022
The rise of fintech and contactless payments in Nigeria can be attributed to several factors. Firstly, Nigeria has a large population of tech-savvy youths who are increasingly comfortable with digital transactions. Secondly, the high level of financial exclusion in Nigeria has created an opportunity for fintech to offer innovative solutions that can reach the … Continue reading Developing Contactless Payment Solutions for Fintech Startups
Developing Digital Wallet Solutions for Fintech Startups
April 19, 2022
Fintech startups are increasingly turning to digital wallet solutions as a way to provide their customers with a convenient and secure way to manage their money. Digital wallets are electronic payment systems that allow users to store, send, and receive money using their mobile devices. In this article, we’ll explore how fintech startups can … Continue reading Developing Digital Wallet Solutions for Fintech Startups
FairMoney Acquires PayForce to Expand Financial Services
April 19, 2022
In Africa, there are an estimated 100 million MSMEs, with 42 million located in Nigeria alone. By 2025, consumer payments in Africa are projected to reach $2.1 trillion, but currently, only 5% of these transactions are digitized. This has left merchants struggling to collect payments seamlessly, creating an opportunity for banks, fintech firms, and … Continue reading FairMoney Acquires PayForce to Expand Financial Services
Flutterwave Partners With Africa FinTech Summit
April 19, 2022
Flutterwave has been named as the Lead FinTech Sponsor for the 2023 Africa FinTech Summit, which will take place on April 12, 2023, in Washington, D.C. Additionally, the summit will be held in an African city that will be disclosed in November 2023. Flutterwave’s sponsorship is timely as it has recently obtained licenses in … Continue reading Flutterwave Partners With Africa FinTech Summit
Creating Collaborative Ecosystems for Fintech Startups
April 19, 2022
Fintech startups have been revolutionizing the financial industry in recent years. They have been leveraging technology to create innovative products and services that meet the needs of customers in a more efficient and convenient way than traditional financial institutions. However, despite the potential of fintech startups to disrupt the industry, they often face challenges … Continue reading Creating Collaborative Ecosystems for Fintech Startups
A Summary of the CBN’s New Operational Guidelines for Open Banking
April 19, 2022
On Tuesday, March 7, the Central Bank of Nigeria released operational guidelines for Open Banking in Nigeria. The new rules were written up to enable banks and third-party firms to share customer data with each other, subject to customers’ consent. Musa Jimoh, Director of the Payments System Department at the apex bank, explained this … Continue reading A Summary of the CBN’s New Operational Guidelines for Open Banking
Flutterwave Dispels Hacking Rumour
April 19, 2022
Multiple media outlets reported on Sunday that Flutterwave, a Nigerian fintech company, was allegedly robbed of more than ₦2.9 billion ($6.3 million) by hackers. The first report of the incident stated that ₦2,949,557,867, had been illegally transferred from Flutterwave’s account. Despite these claims, Yewande Akomolafe-Kalu, Head of Branding and Storytelling at Flutterwave, stated that … Continue reading Flutterwave Dispels Hacking Rumour
6 Nigerian Apps for Cross-Border Payments
April 19, 2022
There’s no shortage of inexpensive digital platforms supporting local transactions. But when it comes to cross-border payments, Nigerians have to part with significant fees just to send and receive money. Most of the better-known options for international transfers charge a good chunk of their users’ funds. Others offer services so limited, utilizing them can … Continue reading 6 Nigerian Apps for Cross-Border Payments
Building a Customer-Centric Culture in Your Tech Startup
April 19, 2022
Building a customer-centric culture is an essential aspect of creating a successful tech startup in Nigeria. A customer-centric approach ensures that the customer is at the centre of every business decision, which is crucial for a tech startup that aims to stand out in a highly competitive market. Read more about Tech In this … Continue reading Building a Customer-Centric Culture in Your Tech Startup
