FinTech

Ultima Cards: Virtual Dollar Visa Cards Now Available to All Residents Across Africa

  Online fraud causes financial losses to people worldwide, which is why payment systems and major banks employ advanced technologies for protection. These systems automatically block all transactions from Nigeria, Botswana, and South Africa. However, just like anyone else, residents

Four Years Later: How Paystack Has Thrived Under Stripe

  It’s four years since the news broke in October 2020, that the Nigerian fintech startup, Paystack had been acquired by the US-based leading global payments company, Stripe. The acquisition which was valued at over $200 million broke the tech

The UNDP Timbuktoo FinTech Startup Accelerator Program

  Applications are currently being accepted for the 2024 UNDP Timbuktoo Fintech Startup Accelerator Program. This program, spearheaded by the Timbuktoo Fintech Hub in Lagos, Nigeria, is a Pan-African endeavour aimed at supporting startups that are pioneering technology solutions within

Central Bank of Nigeria (CBN) Lifts Ban on Opay, Kuda, and Others

  You may recall that the Central Bank of Nigeria (CBN) had in April placed a ban on the onboarding of new customers by Opay, Kuda and the other Fintechs in Nigeria over what it said was to address regulatory

Mitigating Risks and Ensuring Compliance in Nigerian FinTech Operations

In recent years, Nigeria has emerged as one of Africa’s leading hubs for financial technology, or FinTech. With a rapidly growing economy and a tech-savvy population, the FinTech sector in Nigeria presents significant opportunities for innovation and growth. However,

Leveraging Social Media for Marketing Your FinTech Solutions

  In Nigeria’s vibrant and competitive financial technology (FinTech) landscape, having a cutting-edge solution is just the beginning. To succeed, Nigerian FinTech companies must effectively reach and engage their target audience, and one of the most powerful tools at their

Cash Flow Management Strategies for Nigerian FinTech Startups

  In the fast-paced world of financial technology (FinTech) startups in Nigeria, effective cash flow management is critical for survival and growth. Cash flow, the lifeblood of any business, dictates the ability to meet financial obligations, invest in growth initiatives,

Implementing Agile Development Practices in Nigerian FinTech Startups

  In Nigeria’s vibrant FinTech landscape, where innovation is the norm and rapid adaptation is crucial, implementing agile development practices is not just advantageous – it’s essential. Agile methodologies empower Nigerian FinTech startups to respond swiftly to market demands, iterate

Harnessing Data Analytics for Insights in Your FinTech Startup

  In Nigeria’s dynamic financial technology (FinTech) landscape, startups are turning to data analytics as a catalyst for innovation and growth. By harnessing the power of data, FinTech entrepreneurs can gain valuable insights into customer behaviour, market trends, and business

Developing a Scalable Technology Infrastructure for Your FinTech Startup

  In the fast-paced world of financial technology (FinTech), scalability is paramount. As FinTech startups grow and expand their offerings, they must ensure that their technology infrastructure can support increasing demands and adapt to evolving needs. Let us explore key

Driving FinTech Innovation in Nigeria’s Dynamic Landscape

  Innovation is the lifeblood of the FinTech sector, especially in Nigeria, where the market is vibrant and ever-evolving. With a population embracing digital finance solutions at an unprecedented rate, staying ahead of the curve is not just an option

Elevating User Experience: Strategies for FinTech Platforms

  In Nigeria, the financial technology (FinTech) sector has experienced exponential growth, fueled by a burgeoning digital economy and a population eager to embrace innovative financial solutions. With competition intensifying, providing an exceptional user experience has become a crucial differentiator

Uber Leads $100 Million Investment in Moove, Pushing Valuation to $750 Million

Uber has spearheaded a $100 million investment in Moove, an African mobility fintech, driving its valuation to $750 million. Moove specializes in providing vehicle financing to drivers on ride-hailing and delivery platforms, and this funding round, with Uber at

How to Avoid Being Defrauded in P2P Cryptocurrency Trading

  If you’re seeking a mode of trading cryptocurrency that gives you greater control over the process (and some flexibility too), you’d be better off with peer-to-peer (P2P) transactions. This means that you’ll trade directly with another person, instead of

Access Bank to Launch Oxygen X, a Digital Lending App

  Access Corporation is making a foray into the digital lending space, with its imminent launch of Oxygen X, a consumer lending arm of its business. Information recently made public suggests that it has secured approval in principle from the

Cryptocurrency and Blockchain Opportunities for Nigerian Businesses

  In the rapidly evolving landscape of global finance and technology, cryptocurrency and blockchain have emerged as transformative forces. Nigeria, with its dynamic entrepreneurial spirit, is poised to capitalize on the opportunities presented by these innovations. This article explores the

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