They’re everywhere, green and hard to miss. You’ve probably used one of their services or perhaps you haven’t. Not just yet. But you’ve heard of them and seen their billboards around town. OPay landed quietly in Nigeria in 2018 as a payments solution but has since gained name recognition with its ubiquitous bike-hailing service. What […]
Achieving financial Inclusion and cashless societies have been on the agenda of governments and other stakeholders across Africa for the past few years – with varying success across the board. Despite many efforts, most African countries’ bank account penetration sits below 30% of their population. A picture that only changes in some countries once mobile […]
International money transfer platform, WorldRemit, has launched a new service which will allow Nigerians receive remittances from the diaspora in cash across FCMB Bank, Fidelity Bank, Access Bank, Zenith Bank, and Polaris Bank branches across the country. “Using our app or website, customers living in over 50 countries can now send money home for collection […]
A subsidiary of MTN Nigeria, Yello Digital Financial Services (YDFS), has secured a licence from the Central Bank of Nigeria to operate financial services in the country.
A new partnership between Flutterwave and Chinese e-commerce giant Alibaba, has opened up a potential Chinese market of over 1 billion people for African merchants.
Nigeria-based OPay has closed a new $50 million funding round, the largest for any Nigerian tech startup so far in 2019. The company will use the new funding to deepen its roots in the Nigerian market for all its digital businesses including ORide and OFood. It also has plans to expand to other African markets.