FinTech

Nigeria’s GIGM App Integrates Bills Payment, E-wallet Features 

GIG Mobility (GIGM, formerly GIG Motors), a Nigeria-based transport company has released electronic wallet and bill payment features on its app this week as part of its effort to broaden its offerings beyond road mobility. Read more about Apps According

Top 5 Investment Apps Of 2022

As a country, Nigeria has experienced one of the worst inflation rates recorded in the century. In addition, the cases of banditry and resultant effects of the pandemic has adversely affected the finances of households and the country as a

 How FinTechs Can Design Their Operations To Suit Gen Z Customers 

    Of the generations, Gen Z is the most tech-savvy and social media and internet-driven. In 2012, 94% of teens had an account. A decade later, it’s thought that only 27% of adolescents use the network. Leading corporations are

5 Personalized Banking Strategies FinTechs Can Use To Retain Customers And Expand Growth

  Personalization is a new business operation, especially in the financial services industry. According to a 2021 study done by Capco, an international consulting company, 89% of customers see personalization as a critical factor in their relationship with banks. Personalization,

The Rise Of API FinTechs In Nigeria

Nigeria’s FinTechs are solving numerous problems within and around the country’s financial and commercial ecosystems. They’re enabling users to pay for goods they’ve ordered online, settle utility bills, transfer and receive money, purchase insurance products, and make investments. And that’s

Trove, A Nigerian FinTech Moves Global With The Launch Of Trove 2.0 And New Website

  Trove, a Nigerian FinTech solution, has filled a void by offering an easy-to-use digital investment platform that is increasing investment participation and inclusion while also providing a secure and cost-effective alternative to the paper-based investment process, which is primarily

Voyance, Nigerian Data Startup Announces $500000 Pre-seed Round

  Voyance, a Nigerian database infrastructure company, has announced that it raised $500,000 in pre-seed funding round. Voyance is a big data company that helps businesses forecast the future using machine learning combined with the business’s data. Read more about

The Future Of Bento Africa, Payroll Software Solution

In Nigeria, the payroll frequency is usually monthly, bi-weekly or weekly. The payment for salaries is to be made at least once a month. There are no statutory requirements for 13th-month salary payments but bonuses are common and are based

Lazerpay, The Blockchain-Powered Payment Infrastructure

LazerPay the Nigerian startup, building an online payment process for cryptocurrency launched in beta in October 2021. And it gave early access to 500 businesses and creators in Africa. Before the beta launch last year, LazerPay received an undisclosed amount

The Era Of Remittance Applications In Nigeria

Nigeria had close to $25 billion in annual remittance in 2019. During the start of the Covid -19 pandemic, the total remittance to Nigeria dropped to $3,373.09 million in the second quarter of 2020 from $5,629.04 in the first quarter

How To Build A Productive FinTech App In 7 Strategic Steps.

  Have you ever experienced a FinTech app that made your customer experience a nightmare? There is a proliferation of FinTech apps in Nigeria with so many very unproductive. For app developers, too, building a FinTech app from the scratch

Indicina Is Enabling Lenders To Give African Loans Using Alternative Data

In May 2017, the bills on Secured Transactions in Movable Assets Acts (Collateral Registry Act), 2017 and the Credit Reporting Act, 2017 were signed into law by Nigeria’s Vice President, Prof Yemi Osinbanjo. This means that individuals with cars could

Business Ideas To Make Money From Nonfungible Tokens

The market valuation of the Nonfungible tokens universe has risen to about $7 billion, an increase from a monthly sales volume of $400 million at the start of 2022. The worldwide clamour for Nonfungible Tokens services as well as the

Kippa, The Perfect Solution For Bookkeeping By Small Businesses In Nigeria

  Bookkeeping and accounting are vital parts of a business, especially one that doesn’t want to go bankrupt. Employing an unreliable bookkeeping system will cause business owners not to know whether their business is making profits, when to purchase a

How Fintechs Can Build Brand Engagement And Stand Out In A Crowded Market

  The FinTech industry has revolutionised financial service payments for the better. Currently, there are over 300 FinTechs in Nigeria. Entrepreneurs and tech-savvy individuals have improved access to banking, and entirely new products exist to make our lives easier. This

How To Use Geotargeting To Grow Your Business

  Using geotargeting as a strategy to grow your business is one of the newest trends. The high usage of the internet makes the market strategy of geotargeting an awesome experience. According to Statista, there were 4.66 billion active internet

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