Nigerian wealth management platform Risevest is reportedly in talks to acquire Hisa, a Kenyan-based fintech startup that enables users to buy U.S. stocks
Mercury Bank, a prominent America-based financial institution renowned for its tech-driven banking solutions, has announced that Nigeria has been added to a list of countries prohibited from its banking services.
Cameroon has secured a grant of XAF 23.21 billion ($38 million) from South Korea to execute five key development projects, three of which focus on digitalization.
The system glitch was identified through OPay’s transaction monitoring processes. According to court documents obtained by TechCabal, the glitch allowed customers to retain funds from transactions that should have failed.
The idea for this offline payment system was conceived in 2021, after Gbadebo experienced difficulties with card payments due to poor internet connection
OPay, a leading mobile money operator, has announced that physical address verification will now be a mandatory requirement for all merchants using OPay Business.