FinTech

Fincra Provides Payment Infrastructure Within And Beyond Africa

Businesses in Africa encounter several challenges while making cross-border transactions. Some of the challenges include a lack of secure payment infrastructure, specific country regulations, transactions taking time, exorbitant hidden fees etc. But recently, several tech entrepreneurs have created a host

Rules For Operating A Fintech In Nigeria

As an entrepreneur, establishing and operating a fintech in Nigeria depends on adherence to certain rules. Just like policies, these rules are open to reviews and amendments. This is why the Central Bank of Nigeria (CBN) recently made some changes

How FinTech Startups Can Use Storytelling To Grow Their Brand

If you’re a FinTech startup, you’ll know that it’s crucial to succeed at customer acquisition. But this part of your operations can be a challenge. You probably have to come up against the intense competition. And your target audience may

How To Build A Digital Cooperative Savings Club 

Anything that has to do with finance can be digitized, be it saving, lending, management, investment, trading, buy now-pay later, payment and what-have-you. There is absolutely no financial sector that can’t be digitized or any area where technology can’t be

Easy Steps To Starting A Fintech Company In Nigeria

Fintech is the new normal. Everyone in the digital and tech space is clamoring for their voices to be heard. One of the ways they get to do this is to establish one fintech startup or the other. We hear

Digital Payment Platforms: Pros And Cons

Digital payment platforms have brought so much ease and importance that can’t be overlooked in our world today. It’s a super amazing thing that, at the comfort of your homes, transactions can be made successfully on your devices, without having

5 Ways Big Data Can Transform FinTech

The finance industry generates huge amounts of data– more than most segments of a typical economy. From personal bio-data to financial transactions, accounts and savings habits, these institutions yield information on a mind-bogglingly large scale. Read more about FinTech This

3 Ways To Ensure A Seamless Digital Banking Transformation

Digital banking is the future of banking. Little wonder, FinTech startups seem to be challenging traditional banks in delivering seamless banking. However, experts have stated that institutions that provide personalized services will stand out from the rest. The use of

Buy Now Pay Later Platforms In Nigeria

The World Bank estimates that over 91 million Nigerians are poor. This figure indicates that almost half of our people are living in extreme poverty. Again, this means that most Nigerians cannot acquire certain items due to their low purchasing

How FinTechs Can Use Referrals To Grow Their Customer Base

Referrals are an effective way for businesses to attract new customers. In fact, they often work better than other marketing strategies. So it’s certainly a good idea for startups to use them. And a growing number of FinTechs are doing

Interswitch Receives $110 Million Investment From LeapFrog And Tana Africa Capital

African payments company and second Unicorn, Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital. The announcement was made by the two private investment firms on Wednesday, 11th May. The investment is for Interswitch

Sparkle: A Neobank That Improves Financial Lifestyles

  Nigerians have always had a love-hate relationship with their banks as a result of inefficient service deliveries, serial downtimes, bad loans, and experiences. This has made many people distrust banking services. Neobanks have cashed in on these challenges to

Popular Crypto Scams To Watch Out For

  The massive growth of cryptocurrency has created a myriad of opportunities for fraud to thrive. Scammers are always on the lookout for new ways to steal people’s money. As a result, Billions of dollars have been lost due to

Somto Ifezue, Lead Product Engineer And Co-Founder Of Piggyvest

Somto Ifezue is the Lead Product Engineer and co-founder of PiggyVest. PiggyVest, formerly known as Piggy Bank, is an online platform where users can save money and achieve their financial goals. Also, people can invest their money in various businesses

How To Identify A Viable FinTech Startup Idea

Not all FinTech startup ideas are created equal. Some will become absolute hits when founders make them come alive. But a vast majority of them won’t get past the ideation stage. Only a few will survive as ventures for more

4 Steps On How To Start And Grow A Neobank

According to Wikipedia, a neobank is a type of direct bank that operates exclusively online without traditional physical branch networks. The term “challenger bank” was first used in the UK to refer to several FinTech banking startups that emerged in

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