How the Fintech Sector Dominated Africa’s Startup Scene in 2024

2024 was a defining year for Africa’s fintech sector, as it solidified its position as the darling of investors, drawing in over $1 billion in funding. This remarkable achievement not only marked a 47 percent share of total startup funding but also showcased the sector’s resilience and potential for growth. Let’s take a deep dive…

ByEmmanuel Daniji5 days ago0Comments

News

PalmPay Strengthens Fight Against Financial Fraud in Nigeria

PalmPay remains steadfast in its mission to drive security, trust, and innovation in Nigeria’s financial ecosystem.

ByEmmanuel DanijiDecember 6, 20240Comments

News Opinion People

Will the Government Hear Nigerians’ Cry Over the EMTL Levy? Or Is This Another Way to Milk Citizens Amid Hardship?

However, with the EMTL now extending to these platforms, the era of free or low-cost banking services is effectively over. This move could erode the trust and reliance Nigerians have placed in fintech companies.

ByEmmanuel DanijiDecember 3, 20240Comments

News

Paystack Partners with OPay to Revolutionize Digital Payments in Nigeria

The introduction of “Pay with OPay” represents a significant leap forward for Paystack and its merchants, enabling them to cater to the preferences of millions of Nigerian consumers

ByEmmanuel DanijiNovember 29, 20240Comments

News

OPay Partners with AfriGOpay to Enhance Digital Payments in Nigeria

OPay Partners with AfriGOpay: OPay, a fintech company has announced a strategic partnership with AfriGO Card, to enhance the availability of digital payment services to Nigerians. AfriGO, Nigeria’s National Domestic Card Scheme aims to deepen financial inclusivity by utilising innovative products, customer-focused approach and cutting-edge technology. By reducing the country’s dependency on foreign exchange (FX) for payment…

ByEmmanuel DanijiNovember 27, 20240Comments

News

MTN Nigeria’s MoMo PSB Applies for Expanded Licensing

In a notable shift for Nigeria’s financial services, MTN Nigeria’s MoMo Payment Service Bank (PSB) has applied for two additional licences—Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP).

ByEmmanuel DanijiNovember 6, 20240Comments