Archives Tag: FinTech
Blockfinex Set to Benefit from Fluidcoins’ Acquisition
April 19, 2022
After failing to secure additional funding, the Nigerian crypto payment gateway Fluidcoins has sold all its shares to Blockfinex, a Nigerian-led company based in the UAE, in an undisclosed ‘acqui-hiring’ deal. The founding team of Fluidcoins will continue to work on the product, and there will be no changes in management or staff. Read … Continue reading Blockfinex Set to Benefit from Fluidcoins’ Acquisition
How FinTech Can Help to Improve Your Personal Finances
April 19, 2022
FinTech has dominated business news headlines for a number of reasons. It’s changing our relationship with money; it makes banking more convenient than it has ever been; the revenues that startups in the space generate are huge; and investors have poured hundreds of millions of dollars into ventures across the ecosystem. Read more about … Continue reading How FinTech Can Help to Improve Your Personal Finances
Can Nigerian FinTech Expand and Thrive in North Africa?
April 19, 2022
The rise of financial technology (FinTech) in Nigeria has been phenomenal in recent years, with the country being referred to as the “Silicon Valley” of Africa. Nigerian FinTech startups have made significant strides in addressing financial inclusion, with innovative solutions that have enabled millions of Nigerians to access financial services. Many of these startups … Continue reading Can Nigerian FinTech Expand and Thrive in North Africa?
Flutterwave Expands into North Africa
April 19, 2022
In March 2021, Flutterwave announced its $170 million Series C funding and revealed plans to expand its payment network to Egypt, Morocco, and Tunisia by the first quarter of 2021. It’s uncertain if these plans have already been implemented, but the African FinTech firm has recently hired Omar Marwan, a former business development manager … Continue reading Flutterwave Expands into North Africa
Solving Nigeria’s Mortgage Crisis: The Role of FinTech
April 19, 2022
According to experts, there are growing opportunities in unlocking the potential of Nigeria’s mortgage sector valued at over N6.4 trillion but lack of awareness, accessibility, security, lack of infrastructure and government policy are dampening demand. The mortgage sector in Africa’s biggest economy, according to them, is grappling with the high cost of construction, surging … Continue reading Solving Nigeria’s Mortgage Crisis: The Role of FinTech
Gifty Introduces Platform for Building Digital Stores
April 19, 2022
Nigerian company Gifty has introduced a platform that enables merchants to establish a digital store where they can showcase their products and receive orders through direct messaging. The platform was founded in January 2022 by Victor Akpan (CEO), David Enejison (CTO), and Francisca David (COO) and can be set up in under five minutes. … Continue reading Gifty Introduces Platform for Building Digital Stores
Flutterwave Cleared of Fraud Accusations
April 19, 2022
Flutterwave, a Nigerian fintech company, has been acquitted of money laundering charges that were made against it by the Kenyan Asset Recovery Agency (ARA) seven months ago. The charges resulted in a freeze of around $56.7 million in the company’s account. The withdrawal of the charges has been confirmed by Robert Gitau, a lawyer … Continue reading Flutterwave Cleared of Fraud Accusations
Lenda Raises $520,000 In Pre-seed Funding
April 19, 2022
Lenda, a Nigerian fintech company providing financing to micro, small and informal retailers, has received $520,000 in pre-seed funding to accelerate its growth. The Lagos-based startup, founded in 2021, enables small businesses to quickly obtain affordable credit with no upfront collateral in under six hours through its data-driven credit-scoring platform. The platform assesses character … Continue reading Lenda Raises $520,000 In Pre-seed Funding
Developing A FinTech Platform For Immigrants In Nigeria
April 19, 2022
Developing a fintech platform for immigrants in Nigeria can be a promising venture, given the country’s large and growing immigrant population. This platform can cater to the unique financial needs of immigrants, such as currency exchange and remittances. To be successful, the platform needs to offer convenient, secure, and affordable financial services that address … Continue reading Developing A FinTech Platform For Immigrants In Nigeria
FinTech And Diaspora Investment in the Nigerian Market
April 19, 2022
Fintech companies can play a significant role in helping Nigerians in the diaspora to invest in the Nigerian market by providing innovative and convenient investment solutions. Here are ten ways in which fintech can help: Read more about FinTech Online Investment Platforms Fintechs can provide online investment platforms that enable Nigerians in the diaspora … Continue reading FinTech And Diaspora Investment in the Nigerian Market
P2P Lending Platforms and Nigerians in the Diaspora
April 19, 2022
A P2P lending platform for Nigerians in the diaspora aims to provide a convenient and secure platform for individuals to lend and borrow money. The platform utilizes technology to match lenders with borrowers and facilitate transactions. It offers an alternative to traditional banking systems and allows lenders to earn a return on their investment … Continue reading P2P Lending Platforms and Nigerians in the Diaspora
10 FinTech Solutions for Nigerians in the Diaspora
April 19, 2022
Nigerian diaspora refers to the large number of Nigerians who live outside the country, mainly in developed countries. They play a crucial role in the Nigerian economy, sending remittances and investing in businesses. With the rise of digital technologies and FinTech startups, the Nigerian diaspora can benefit from innovative FinTech solutions that cater to … Continue reading 10 FinTech Solutions for Nigerians in the Diaspora
Why You Should Consider Launching a FinTech Startup in 2023
April 19, 2022
FinTech—short for financial technology –is an industry on the rise. The companies in its domain are leveraging contemporary tech solutions to improve various aspects of finance, from payments to loaning, insurance and wealth management. And these are just the tip of the iceberg. Read more about FinTech It’s no surprise that there’s been a … Continue reading Why You Should Consider Launching a FinTech Startup in 2023
Olugbenga Agboola on Building a Functioning Fintech Company Across Africa
April 19, 2022
The African fintech startup Flutterwave, which reached a valuation of $3 billion in February 2022, grew faster than many experts predicted. But founder and CEO Olugbenga “GB” Agboola wasn’t one of them. Read more about FinTech For Olugbenga Agboola, the rapid pace of his company’s ascent is simply another symptom of the burgeoning growth … Continue reading Olugbenga Agboola on Building a Functioning Fintech Company Across Africa
By guestpost
7 Nigerian FinTech Startups to Watch Out for in 2023
April 19, 2022
There’s much to look forward to in Nigeria’s FinTech space in 2023. As it continues to mature, we’ll see a number of players become more dominant in their segments, and witness the gradual but certain usurpation of leadership in other niches. New products will be rolled out, millions of dollars will be raised in … Continue reading 7 Nigerian FinTech Startups to Watch Out for in 2023
