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FinTech
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Announcements and deep-dive analysis about the financial technology (fintech) space in Africa.
Lightspark Developers Day highlights the latest innovations in payment using Lightning and UMA
Lightspark, a new-age cross-border payment company, held its Developer Day in Lagos on Friday. The event which was…
PalmPay integrates payment wallet into Jumia to help customers shop more efficiently
PalmPay says its wallet is simply looking out for its already existing 35 million users
Cashflow management startup Billboxx raises $1.6m in preseed funding
Billboxx is an integrated billing to payment platform which aims to ensure timely payments for businesses
Police move to arrest 601 bank customers that received proceeds of N11bn Flutterwave breach
Initially, Flutterwave approached the police to help recover the funds rather than bring the perpetrators to book
Ecobank wins 2024 Bank of the Year in Equatorial Guinea, Cameroon, Liberia and Togo
EcoBank says the awards highlight its commitment to improving how customers access the financial services they need
Federal Government projects N800bn electronic money transfer tax revenue by 2027
The Federal Government of Nigeria has projected a revenue of N230 billion on the Electronic Money Transfer Levy…
Binance partners AltSchool Africa to equip 500 young Africans with digital skills in 2025
The Binance scholarship scheme will kick off in January 2025 and will run until 31 December.
Federal Government commences N50 e-levy tax on Opay, Palmpay, Moniepoint users
Opay, Moniepoint, Palmpay and others notified their customers that the commencement of the payment
M-KOPA to hit $400m revenue by year-end, now disbursed over $1.5 billion in credit
M-KOPA has hit profitability in its major markets such as Kenya, Uganda, Nigeria, and Ghana.
Hackers stole N53.4bn from Nigerian banks in 9 months as fraud rises by 65%
Nigerian banks appear to be losing the battle against cyber criminals as they lost N53.4 billion in nine…
