Fintech
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The 7 Most Downloaded Loan Apps in Nigeria and Why Young Nigerians Keep Using Them
Digital lending in Nigeria is witnessing a boom. Once a niche corner of fintech, loan apps have grown into a…
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Moniepoint Secures Regulatory Approval to Acquire Kenya’s Sumac Microfinance Bank
In a major step towards pan-African expansion, Moniepoint Inc. has received the green light from the Competition Authority of Kenya…
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PalmPay in Advanced Talks to Raise Up to $100M in Series B Round
Lagos, Nigeria – June 2025 — Nigeria’s leading fintech startup, PalmPay, is reportedly in advanced talks to raise between $50…
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Africa’s Cross-Border Payments to Hit $1 Trillion by 2035
Africa’s Cross-Border Payments Market to Hit $1 Trillion by 2035 Africa’s cross-border payments sector is on a steep upward trajectory,…
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OPay Boosts App Security with Smarter Questions
OPay Reinforces User Safety with Enhanced Security Question Feature In a bold step to bolster customer protection, OPay has officially…
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Stripe Expands Tax Tools to 19 African Countries
Stripe, the global financial infrastructure platform for the internet, continues to be a game-changer for digital entrepreneurs worldwide. From powering…
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Nigerian Banks Earn N165bn from E-Banking in Q1
Top Nigerian Banks Earn Over ₦165 Billion from E-Banking in Q1 2025 as Digital Channels Dominate Revenue Streams Eight of…
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Aruwa Capital Raises $35M for Gender-Lens Fund II, Eyes Expansion in Nigeria and Ghana
Aruwa Capital Management, one of Africa’s leading female-led private equity firms, has announced the successful close of $35 million for…
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Mitchell Elegbe Named Fintech Icon of the Year at Vanguard Personality of the Year Awards 2024
Lagos, Nigeria— Mitchell Elegbe, Founder and Group Managing Director/Chief Executive Officer of Interswitch Group, has been honoured with the Fintech…
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OPay Defies Fintech Headwinds, Hits $2.75 Billion Valuation in 2024
In a global fintech climate marred by declining valuations and tightening investor wallets, Africa-focused fintech unicorn OPay has charted a…
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