Latest News & Updates
Ultima Cards: Virtual Dollar Visa Cards Now Available to All Residents Across Africa
30th October 2024
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 of these and other African countries need to pay for apps, software, and digital services. … Continue reading Ultima Cards: Virtual Dollar Visa Cards Now Available to All Residents Across Africa
Four Years Later: How Paystack Has Thrived Under Stripe
16th August 2024
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 news space as it marked a significant milestone in the African tech ecosystem. Read more … Continue reading Four Years Later: How Paystack Has Thrived Under Stripe
The UNDP Timbuktoo FinTech Startup Accelerator Program
13th June 2024
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 the financial services sector. These startups stand out for their core reliance on technology, utilizing … Continue reading The UNDP Timbuktoo FinTech Startup Accelerator Program
Central Bank of Nigeria (CBN) Lifts Ban on Opay, Kuda, and Others
4th June 2024
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 concerns and ensure compliance. Read more about FinTech The good news is that as of … Continue reading Central Bank of Nigeria (CBN) Lifts Ban on Opay, Kuda, and Others
Mitigating Risks and Ensuring Compliance in Nigerian FinTech Operations
30th March 2024
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, like any other financial industry, operating in the Nigerian FinTech space comes with its own … Continue reading Mitigating Risks and Ensuring Compliance in Nigerian FinTech Operations
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 disposal is social media. In this blog post, we’ll explore actionable strategies for leveraging social … Continue reading Leveraging Social Media for Marketing Your FinTech Solutions
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, and weather unexpected challenges. In this blog post, we’ll explore essential strategies that Nigerian FinTech … Continue reading Cash Flow Management Strategies for Nigerian FinTech Startups
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 on products efficiently, and deliver exceptional solutions that meet customer needs. In this blog post, … Continue reading Implementing Agile Development Practices in Nigerian FinTech Startups
Harnessing Data Analytics for Insights in Your FinTech Startup
25th March 2024
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 performance, enabling them to make informed decisions and drive strategic initiatives. Below, we’ll explore how … Continue reading Harnessing Data Analytics for Insights in Your FinTech Startup
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 considerations and actionable strategies for FinTechs to develop a scalable technology infrastructure to fuel growth … Continue reading Developing a Scalable Technology Infrastructure for Your FinTech Startup
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 but a necessity for FinTech companies looking to thrive in this competitive environment. In this … Continue reading Driving FinTech Innovation in Nigeria’s Dynamic Landscape
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 for FinTech platforms seeking to attract and retain customers. In this blog post, we’ll explore … Continue reading Elevating User Experience: Strategies for FinTech Platforms
Uber Leads $100 Million Investment in Moove, Pushing Valuation to $750 Million
19th March 2024
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 the forefront, marks Uber’s debut investment in an African startup. Read more about FinTech “Uber’s … Continue reading Uber Leads $100 Million Investment in Moove, Pushing Valuation to $750 Million
How to Avoid Being Defrauded in P2P Cryptocurrency Trading
22nd February 2024
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 letting whatever platform you’re using serve as an intermediary. Read more about FinTech However, there … Continue reading How to Avoid Being Defrauded in P2P Cryptocurrency Trading
Access Bank to Launch Oxygen X, a Digital Lending App
17th January 2024
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 Central Bank to begin operating in Nigeria. Read more about FinTech Details contained in a … Continue reading Access Bank to Launch Oxygen X, a Digital Lending App
Cryptocurrency and Blockchain Opportunities for Nigerian Businesses
5th December 2023
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 potential benefits and opportunities that cryptocurrency and blockchain technologies offer to Nigerian businesses. Read more … Continue reading Cryptocurrency and Blockchain Opportunities for Nigerian Businesses
6 Dollar Investment Apps to Protect Your Funds from Inflation in 2024
18th November 2023
Over the past few years—and especially in recent months –Nigerians have watched in despair as the real value of their savings has plummeted. Battered by inflationary pressures and steep devaluations, the national currency is struggling (and failing) to stay stable. The costs of basic food items, clothing, housing and services are shooting through the … Continue reading 6 Dollar Investment Apps to Protect Your Funds from Inflation in 2024
Fintech: How to Identify and Capture Untapped Revenue
27th October 2023
The financial technology (fintech) industry has experienced significant growth in recent years, disrupting traditional financial services and offering innovative solutions to meet evolving customer needs. Fintech companies have not only revolutionized banking, payments, and investment but have also uncovered new avenues for generating revenue. In this article, we explore how fintech can identify and … Continue reading Fintech: How to Identify and Capture Untapped Revenue
Preventing Sabotage of Customer Experience: 5 Ways
26th October 2023
In the digital age, banking has evolved from traditional brick-and-mortar establishments to online and mobile platforms. While digital banking offers convenience, efficiency, and accessibility, it also comes with challenges, such as the risk of sabotaging the customer experience. A poor customer experience can lead to customer dissatisfaction and attrition. To prevent the sabotage of … Continue reading Preventing Sabotage of Customer Experience: 5 Ways
5 Key Focal Points of Building a Test Strategy for a FinTech App
Developing a successful FinTech (Financial Technology) application involves more than just coding and design; rigorous testing is an essential part of the process. A robust test strategy for a FinTech app is crucial to ensure the application’s reliability, security, and performance. In this article, we will explore five key focal points to consider when … Continue reading 5 Key Focal Points of Building a Test Strategy for a FinTech App
4 Ways FinTech Can Serve Students in Nigeria Profitably
25th October 2023
Financial technology, or FinTech, has rapidly transformed the way financial services are delivered worldwide. In Nigeria, a country with a large and growing student population, FinTech companies have a unique opportunity to serve students profitably by addressing their specific financial needs. This article explores four ways FinTech can effectively cater to students in Nigeria … Continue reading 4 Ways FinTech Can Serve Students in Nigeria Profitably
Transforming Retail Advertising Revenue with FinTech
24th October 2023
The retail industry has always been highly competitive, with businesses vying for consumer attention in an increasingly digital world. One of the primary sources of revenue for retailers has been advertising. While traditional advertising methods continue to play a role, the rise of fintech companies is opening up exciting new opportunities for retailers to … Continue reading Transforming Retail Advertising Revenue with FinTech
Top 5 Content Types Every FinTech Should Push Out
20th October 2023
The financial technology (FinTech) industry is rapidly evolving, with innovations and disruptions becoming the norm. In this dynamic landscape, one of the most powerful tools to engage and educate your audience is content. Effective content marketing can help your FinTech company establish authority, build trust, and attract customers. Here, we’ll explore the top five … Continue reading Top 5 Content Types Every FinTech Should Push Out
5 Ways New FinTech Can Succeed with the Direct-to-Consumer (DTC) Model in Nigeria
30th September 2023
The financial technology (FinTech) landscape in Nigeria is thriving, with innovative startups revolutionizing the way financial services are delivered and consumed. One of the most promising business models for these startups is the Direct-to-Consumer (DTC) approach. This article explores five essential strategies that new FinTechs can employ to succeed with the DTC model in … Continue reading 5 Ways New FinTech Can Succeed with the Direct-to-Consumer (DTC) Model in Nigeria
5 Ways a New FinTech Can Boost Its Agent Network in Nigeria
The financial technology (FinTech) sector in Nigeria has been growing at an impressive rate, revolutionizing the way people access and manage their finances. One of the key components of this transformation is the widespread use of agent networks, which play a crucial role in providing financial services to the unbanked and underbanked populations. For … Continue reading 5 Ways a New FinTech Can Boost Its Agent Network in Nigeria
Exhibit for Free at the CBN-Backed International Financial Inclusion Conference 2023
28th September 2023
If you are a FinTech and you’d like to secure greater visibility for your startup, here’s an opportunity you can take advantage of. The second edition of the International Financial Inclusion Conference (IFIC) is set to be held this October. Besides the many attractions and highlights of this event, financial technology businesses are being … Continue reading Exhibit for Free at the CBN-Backed International Financial Inclusion Conference 2023
Klasha Launches Operations in Sierra Leone
26th September 2023
Klasha, a prominent global cross-border payments firm, is excited to announce that it has received regulatory approval from Sierra Leone’s regulatory authorities to operate and provide its groundbreaking fintech services within the nation. Read more about FinTech Klasha’s inclusion in the Bank of Sierra Leone’s Regulatory Sandbox Program exemplifies the company’s unwavering commitment to … Continue reading Klasha Launches Operations in Sierra Leone
Flutterwave Expands Remittance Offering to India
20th September 2023
Flutterwave has entered the Indian market by collaborating with IndusInd Bank, the sixth-largest bank in India in terms of assets. This strategic partnership allows Flutterwave, Africa’s most valuable startup, to introduce its remittance product, Send App, to India, leveraging IndusInd’s vast customer base of around 35 million. The expansion facilitates the transfer of funds … Continue reading Flutterwave Expands Remittance Offering to India
6 Steps to Starting a Career in FinTech in Nigeria
19th September 2023
Unless you’ve been living under a rock these past few years, you’ll know that Nigeria’s FinTech industry is bubbling with life. It’s scooping impressive investment deals aplenty, yielding brilliant user numbers, and scoring big on expansions. And, yes, it’s one of the more lucrative spaces in all of commerce and industry. Along with that … Continue reading 6 Steps to Starting a Career in FinTech in Nigeria
How Nigerian FinTech Can Make Waves in Western Markets
26th August 2023
Imagine a bridge spanning continents, connecting innovation from Nigeria to the financial landscapes of the US, EU, UK, and Canada. The realm of FinTech is that bridge, an avenue where Nigerian startups can bring their expertise, agility, and solutions to Western markets. While the journey might seem complex, it’s not an insurmountable feat. In … Continue reading How Nigerian FinTech Can Make Waves in Western Markets
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