Archives Tag: payments

BUSINESS

How Do BNPL Startups Minimize Risks from Bad Borrowers?

April 19, 2022

  Buy Now, Pay Later (BNPL) services have gained popularity worldwide, providing consumers with a convenient and flexible way to make purchases without immediate payment. In Nigeria, BNPL startups have emerged, catering to the growing demand for alternative payment options. However, with the expansion of BNPL services, the risk of default by borrowers becomes a … Continue reading How Do BNPL Startups Minimize Risks from Bad Borrowers?

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BUSINESS

5 Best Nigerian Invoicing Solutions for Your Business

April 19, 2022

  As a business owner, you’ll want to be able to track payments being owed to you by your customers. Maintaining a record of invoices you’ve issued to them is perhaps the most efficient way to do this. However, hoarding piles of paper bills won’t exactly make your accounting easier. The good news is, you … Continue reading 5 Best Nigerian Invoicing Solutions for Your Business

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FinTech TECH

7 Facts About Nigeria’s FinTech Industry In 2022

April 19, 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

From Nigeria To The UK: Kora Expands Its Payments APIs

April 19, 2022

Earlier this year saw kora, a Nigerian payments infrastructure startup receive its commercial Payment Solution Service Provider (PSSP) license from the Central Bank of Nigeria. The PSSP licence is to drive its vision of powering payments across Africa. It is also in the process of obtaining the same licence in both Kenya and South Africa. … Continue reading From Nigeria To The UK: Kora Expands Its Payments APIs

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FinTech

Four Crypto Debit Cards For Payments

April 19, 2022

In recent years, fiat debit cards have become an acceptable means of payment. With the massive adoption of cryptocurrency, there are now crypto debit cards. Issued by crypto exchanges and payments companies in partnership with Mastercard and visa. Even with the crypto ban in Nigeria, people are still able to buy, sell and trade crypto … Continue reading Four Crypto Debit Cards For Payments

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BUSINESS FinTech

How Nigerian FinTech Companies Can Help Businesses Overcome Cross-Border Payments Challenge

April 19, 2022

Nigeria is a strong FinTech hub. Its digital ecosystem and landscape are quite impressive compared to other regions. However, there are prevailing challenges faced by startups, especially emerging ones. One of such is cross-border payments for SMEs. Startups that get involved in cross-border payments have improved the lives of SMEs in Nigeria. When compared with … Continue reading How Nigerian FinTech Companies Can Help Businesses Overcome Cross-Border Payments Challenge

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BUSINESS

How To Get Customers To Pay Faster

April 19, 2022

  Delayed customer payments are the bane of many businesses. When payments don’t come in on time, business cash flow is stifled, and keeping tabs on enterprise finances becomes a challenge. Read more about How To If you’re an entrepreneur, you’ve likely faced this problem many times. How have you handled it? And how do … Continue reading How To Get Customers To Pay Faster

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Finance

How To Conquer Every Financial Bill This Year

April 19, 2022

  Bills, Bills, Bills and more bills. Do you sometimes feel overwhelmed by the huge amount of bills you have to settle every year? Reality often dawns on us all at the beginning of a new year such as this one. We wish that things like house rent, school fees, wedding cost, vacation costs and … Continue reading How To Conquer Every Financial Bill This Year

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BUSINESS Finance

Fintechs in Nigeria: Nairabox

April 19, 2022

The Nairabox team prefers to talk about their product as a lifestyle tool.  As a platform, it lets its users settle their everyday needs, and pay for recurring and one-off events. It’s especially popular as a sales outlet for digital tickets, a role which connects event organizers with intending participants regardless of the distance between … Continue reading Fintechs in Nigeria: Nairabox

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BUSINESS

How Nigeria’s Banks Are Responding To The Fintech Revolution

April 19, 2022

Nigeria’s fintech bosses aren’t making any bold statements about disrupting the existing banking system. They often speak of being alternatives to the big financial service providers or collaborating with these established institutions. When they’re on conference panels together, commercial bank CEOs and fintech startup founders talk of joining forces to usher in a new age … Continue reading How Nigeria’s Banks Are Responding To The Fintech Revolution

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apps

App Of Week: NowNow

April 19, 2022

NowNow is a platform that lets you make and accept payments conveniently using your smartphone. With the numerous transactions going on daily in the country, relying solely on cash transactions can be costly.  This is why NowNow – an E-wallet platform -was launched to alleviate these problems and introduce a means to make and accept cashless payments. … Continue reading App Of Week: NowNow

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BUSINESS

Brands We Love: Verifi.ng

April 19, 2022

The quintessential entrepreneur of our age relies quite heavily on technology to get their business going. They’ll display their products at an online store, advertise via digital media, take orders from customers on e-commerce platforms, and receive payments electronically. A growing number are also turning to companies like Verifi.ng, for such things as automated salary … Continue reading Brands We Love: Verifi.ng

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apps

App Of The Week: Union Mobile

April 19, 2022

Union Mobile is an attempt to enable seamless banking and still have access to all the cool features that make an app worth opening every single day. This app claims stands out among other top-tier banking apps because it is a multi-purpose app which spans some features found on a banking app and other apps. Here are some … Continue reading App Of The Week: Union Mobile

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BUSINESS

Paystack Gets $8 Million In Series A Funding Round

April 19, 2022

Digital payments startup Paystack has lapped up $8 million in its series A funding round. Reports say the Nigerian fintech venture secured its latest round of financing from a group of investors led by payments company Stripe and Visa. There’s also been support from Tencent and Y Combinator, both of which had contributed to an … Continue reading Paystack Gets $8 Million In Series A Funding Round

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TECH

An Urgent Need To Receive Paypal Payments In Nigeria

April 19, 2022

“The internet presents willing Nigerians with opportunity. The opportunity to earn their living legitimately online. However, Paypal – the ‘industry standard’ for online payments makes this opportunity inaccessible to Nigerians.” – Rukky Kofi

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