Fintech startup, OPay is temporarily shutting down its transportation and logistics verticals in Nigeria as it focuses on building e-commerce services.
GTBank wants to restructure as a holdings company. Its CEO, Segun Agbaje, made the disclosure during the bank’s earnings call for the fourth quarter of 2019.
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.
There is a lot of uncertainty at the moment about the fate of fintech businesses in Nigeria and most of it rides on this piece of regulation.
Many cashless society initiatives don’t really solve merchant problems. The solutions that will win in the end will be the ones that can combine payment services with value-added services to help the merchant make more money and the consumer pay in a more effective and rewarding way.
I thought you’d like to know that Zimbabwe now has 20,000 POS terminals