In Nigeria, the central bank’s revised microfinance bank licence threatens digital banking startups

There’s a popular saying that “innovation moves faster than regulation.” But sometimes regulation moves fast, just not in the direction that innovators want.  This is what is playing out in the Nigerian fintech environment as a flurry of regulatory actions is about to unfold. In addition to plans to roll out the new licence regime … Continue reading In Nigeria, the central bank’s revised microfinance bank licence threatens digital banking startups