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FinTech
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Announcements and deep-dive analysis about the financial technology (fintech) space in Africa.
NIBSS taps Transactility’s open-source technology to strengthen Nigeria’s payment system
The Nigeria Inter-Bank Settlement System (NIBSS) is stepping up its game with the launch of the National Payment…
Nigeria’s fintech boom drew $5bn from U.S. investors, Consul General says
The United States wants a bigger slice of Nigeria’s fintech pie, and it’s putting its money where its…
CBN wants to remove 4 ‘brakes’ holding back Nigeria’s fintech growth
The Central Bank of Nigeria (CBN) wants to remove four major “brakes” holding back the country’s fintech industry,…
Verto partners with Visa to launch global multi-currency card for African businesses
Verto, one of the leading B2B global payments platforms, has today announced the launch of its new Verto…
Bujeti wants to help African businesses automate their operations with BRAIN agentic AI
For decades, the unspoken rule in corporate finance has been simple. You do not give software the keys…
How Oui Capital’s $150K Moniepoint bet paid off big with an $8M return in five years
In 2019, TeamApt was primarily focused on developing financial technology for banks, not yet widely recognised for its…
Why Nigeria’s power crisis is the hidden reason CBN can’t hit zero failed transactions by 2028
While regulators and fintechs debate APIs and AI, a new survey of 40 stakeholders reveals the real transaction killer is happening one layer below; in the diesel generators, the power cuts, and the governance structure that makes accountability impossible.
Fintech engineers, others explain why banks are to blame for most failed transactions – survey
A new industry survey reveals a dangerous divide: the people who run Nigeria's banks blame customers for failed transactions. The people who build the payment rails blame the banks. And the regulator that owns the switch? It may be too conflicted to fix it.
A software error made a ₦13.66 billion transfer, and 176 Nigerians are now being sued for it
On the evening of Friday, September 6, 2024, a trader in Lagos checked her phone and saw an…
Inside Onafriq’s stablecoin stack: What 4 partnerships add up to
When Onafriq announced a partnership with Privy on July 29, 2026, to build “regulated stablecoin infrastructure for B2Bs…
