In a resounding achievement, OPay has surged to the forefront of Nigeria’s fintech realm, securing an esteemed position as the sole Nigerian digital payments platform on CNBC and Statista’s esteemed ranking. From around the world, encompassing a diverse spectrum of financial applications, CNBC; a global and reputable 24-hour digital television […]
Read Time : 3 Minutes
OPay Nigeria’s CEO, Olu Akanmu, resigns amid company’s 5th Anniversary celebration
The CEO of OPay Nigeria, Olu Akanmu, has announced his resignation from the company after two years of assuming the position. This is coming amid an ongoing celebration of the company’s 5th anniversary in Nigeria. Akanmu, who announced his exit from the company via a Twitter post on Monday morning did […]
Read Time : 2 Minutes
To Mark its 5-Year Anniversary, OPay Unveils New Logo
Leading financial service company, OPay Nigeria, has officially rebranded and unveiled a new logo to mark its 5-year anniversary in the Nigerian market. This change not only symbolizes its significant growth and impact over the years but also represents its promise into a new era with enhanced services, technological advancements, […]
Read Time : 3 Minutes
Expert Calls on FG to Tackle Fraud in ePayment Sector
The Head of Engineering, OnePipe, Victor Irechukwu, has called on the federal government to tackle cases of online fraud in order to make epayments more acceptable to all. Irechukwu, in a statement, said the commonly reported theme has been a situation where people’s debit cards are used to make deposits on […]
Read Time : 2 Minutes
CBN Releases Names of 10 Digital Banks Licensed to Operate as MFBs, Issue POS Services
Digital banking is becoming increasingly popular in Nigeria as operators harness the best technological tools to address the transaction challenges faced by Nigerians. In addition, digital payment platforms have been authorized by the Central Bank of Nigeria to provide microfinance banking and Point of Sale (PoS) services in the country, […]
Read Time : 2 Minutes
Flutterwave Secures 2 Additional Licenses from National Bank of Rwanda Continuing East Africa Expansion
Leading Nigerian fintech, Flutterwave, has revealed it has acquired an Electronic Money Issuer license and Remittance licenses from the Government of Rwanda as it continues its expansion in East Africa. According to Flutterwave, the Electronic Money Issuer license now means it can acquire all types of payment instruments in Rwanda while […]
Read Time : 9 Minutes
Meet the top eight Web3 developers and innovators from the Hack the Mara Hackathon
Top eight teams to compete in physical hackathon taking place in the Mara, Kenya from 17th-26th of September 2022 As part of its commitment to inspire developers to “build the future of Africa on Web3”, Mara, the Pan-African blockchain platform, has announced the top eight finalist teams of the “Hack The Mara” […]
Read Time : 2 Minutes
Kora opens UK office as it evolves its pan-African payment infrastructure
Kora, the company building Africa’s high-fidelity payment infrastructure, today announces the launch of its UK office. Kora partnered with the Government of Birmingham to power this expansion via the West Midlands Growth Company, an organisation responsible for driving regional investment promotion and economic development for the West Midlands and the […]
Read Time : 4 Minutes
Abeg changes name to PocketApp, gets AIP to operate as mobile money operator
Abeg, now PocketApp, a social payments company owned by PiggyVest has been granted an approval in principle (AIP) by the Central Bank of Nigeria (CBN) to operate as a Mobile Money Operator (MMO), consequently becoming Nigeria’s first social commerce platform to secure the CBN’s AIP for an MMO license. In […]
Read Time : 2 Minutes
Launch Africa Ventures closes first fund at $36.3m, makes 100th investment
Early-stage VC firm Launch Africa Ventures has made its 100th investment, making it probably the most active investor in African tech startups, and closed its first fund at US$36.3 million. Launched in July 2020 by Zachariah George and Janade du Plessis, with chairperson Margaret O’Connor also on the board, Launch Africa […]