Digital Banking

And now, three years later, the rebranded fully-fledged online-only digital bank, Kuda, has raised pre-seed funding to the tune of $1.6 million from a number of angel investors.

In a recent interview, Babatunde Fowler, the Chairman of the Federal Inland Revenue Service (FIRS), disclosed that his agency is considering imposing a new tax specifically for e-commerce.

Just like the expansion of ancient civilizations into new territories, a different but similar expansion is being explored by the Commonwealth Bank of Australia (CBA), with its 100 percent acquisition of a branchless banking South African start-up.