South African startup Ctrl, a digital short-term insurance marketplace connecting consumers, brokers and insurers on a single platform, has become the sixth startup to raise funding from Naspers Foundry, securing
BoG Issues DreamOval Enhanced Payment Service Provider LicenseBoG Issues DreamOval Enhanced Payment Service Provider License
The Bank of Ghana (BoG) has issued DreamOval Limited, Ghana’s leading Fintech, a substantive Enhanced Payment Service Provider (EPSP) licence certificate. This is on the back of a provisional licence
Nigeria Limits ATM Withdrawals to Boost Digital PaymentsNigeria Limits ATM Withdrawals to Boost Digital Payments
The Central Bank of Nigeria has capped daily ATM withdrawals at $45 in order to encourage electronic payments, including the eNaira digital currency. The central bank has sent out a
Appzone Rebrands to “Zone” to Power Global Payments with Regulated Blockchain NetworkAppzone Rebrands to “Zone” to Power Global Payments with Regulated Blockchain Network
Appzone, Africa’s leading Fintech software provider, has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. By building Africa’s first layer-1 blockchain network, Zone will enable payments and the acceptance
Inlaks Director, Tope Dare, Emerges Fintech Salesman of the Year at Nigerian Fintech AwardsInlaks Director, Tope Dare, Emerges Fintech Salesman of the Year at Nigerian Fintech Awards
The organisers of the Nigerian Fintech Awards announced that Mr. Tope Dare has emerged as the Fintech Salesman of the year 2022 at the dinner in Lagos on November 4,
CBN Recognises SystemSpecs, others for Promoting eNairaCBN Recognises SystemSpecs, others for Promoting eNaira
The Central Bank of Nigeria (CBN) has recognized SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service Provider (PSP) of the year. The
Ecobank Nigeria Extends Rapidtransfer Remittance Services to Business Account HoldersEcobank Nigeria Extends Rapidtransfer Remittance Services to Business Account Holders
Ecobank Nigeria has extended its remittance services to its business account holders. Under the new plan, business customers will be able to instantly receive funds sent through Ecobank Rapidtransfer or
Outsource Monetic Group Raises Fund to Build Omnichannel ATM Network in West & Central AfricaOutsource Monetic Group Raises Fund to Build Omnichannel ATM Network in West & Central Africa
Outsource Monetic Group, an American and Senegalese fintech based in Atlanta, GA, announced this week the closing of a pre-seed fundraising round with 500 Global, a startup accelerator company based
How Mainstreaming RMB Assets can Address Nigeria Forex ShortageHow Mainstreaming RMB Assets can Address Nigeria Forex Shortage
SOLA FANAWOPO Any system that removes the need to first source for the “greenback” (US Dollars) before payments for transactions involving Nigeria and China will substantially address the problems of
Stripe Launches Global Infrastructure for Bank TransfersStripe Launches Global Infrastructure for Bank Transfers
Stripe is making its bank transfer offering available to businesses in the UK, EU and Mexico. Launched in Japan earlier this year, the Stripe infrastructure promises to take the friction