Stax Is Bypassing The Internet To Close The Gap Towards Financial Inclusion In Africa

Stax is a fintech startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes. The startup announced that it has raised a $2.2 million seed extension round. Co-founded by Ben

Big Cabal Raises $2.3 million, Seed Fund

Big Cabal Media (BCM) is a media company based in Nigeria. The company houses two well-known publications, TechCabal and Zikoko. Big Cabal has announced that it raised $2.3 million in seed funding to expand its audience and build new verticals.

App Of The Week: Chopnownow

With the Chopnownow app, you can order sumptuous local and urban Nigerian dishes from your home and enjoy a 20-40 minutes delivery if you live in Lagos (particularly Ikoyi, Lekki-Ajah, Marina, Oniru, and Victoria Island). The app is user-friendly as

Top 3 FinTech Marketing Strategies You Should Try in 2022 (Part 3)

  Marketing is the bedrock of business sales. A good marketing strategy will yield bumper sales. Marketing a FinTech solution is all too different from other business ventures. It requires unique marketing strategies. In our previous articles, we looked at

How To Use AI Chatbots To Enhance Customer Experience 

  AI chatbots have changed the world of digital communications for the better. They’re effective marketing and sales tools for eCommerce businesses. Not only do they streamline daily business operations, but they also help customise customer experiences while also providing

QuickCheck, The MicroLoan Application Platform

A huge percent of Nigeria’s adult population are financially excluded, lacks credit history, and cannot access financial services such as quick and easy loans. In a research conducted by the Enhancing Financial Innovation and Access (EFInA), only four percent of

Moove, Mobility Fintech Raises $105 million Series A Round.

More than a billion people reside in Africa, a place where there is limited or no access to vehicle financing for the majority of its population. It is also a place where the high rate of poverty has made car

Instant Loan Apps: Things You Should Consider Before Using Them

Nigerians have snapped up the loan offerings from digital lenders with great enthusiasm. That’s partly because loan apps provide something that the banks have scarcely delivered: small amounts of credit that borrowers can access relatively quickly. Read more about FinTech

How Digital Lending Platforms In Nigeria Can Overcome Poor Loan Repayment Behavior By Low-Income Borrowers

  Many digital lending platforms have been dragged into several conspiracies as being vindictive, predatory, and shark-like in dealing with their borrowers. In a story bandied about by the Vanguard newspaper, several Nigerian lending platforms have employed the use of

How To Design An Effective FinTech Lending Company

  Of all types of FinTech companies, the lending platform is the riskiest. Borrowing and lending come with their challenges, naturally. People borrow money from banks to either take care of business or personal needs. Lending institutions – whether digital

GetEquity Is Changing The Narrative On Funding For African Startup

GetEquity, a Nigeria-based investment platform, came into the market intending to challenge the status quo of startup financing and venture capital in Africa. Launched in July 2021 and Co-founded by Jude Dike, William Okafor, and Temitope Ekundayo, GetEquity is a

Schoolable: Ensuring Quality Education Through Affordable Finance

In Nigeria, only a small percentage of parents can pay private school fees upfront, while a majority of schools experience a cash flow deficit from the first day of the school term. The first month of every term is the

Kuda Bank Hits $500 Million Valuation In Records Time, Becomes 7th Richest Bank In Nigeria

  4 Strategic Lessons Neobanks and FinTechs Can Learn Sometime in August of 2021, Kuda Bank, one of Nigeria’s leading fintech companies, announced it has closed a $55 million Series B funding co-led by Valar ventures and Target Global. This

Opportunities For FinTechs To Explore Among Low-Income Local Traders In Nigeria

  Local traders found in major and minor markets in the 36 states and the federal capital territory of Nigeria are largely underserved, and this is in so many ways an opportunity for FinTechs to explore. Conversely, most FinTechs are

Top 3 Fintech Marketing Strategies You Should Try in 2022 (Part 2)

  Marketing strategies for FinTech is a different journey altogether, compared to other business ventures. Its journey is peculiar. In a previous article, we discuss three striking marketing strategies FinTechs ought to try in 2022 if they want to stay

Career Opportunities At Interswitch

Interswitch is a local Nigerian financial services company headquartered in Lagos. Co-founded by Michael Elegbe and Charles Ifedi in 2002. Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as

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