FirstBank Group, one of Nigeria’s leading commercial banks, has reaffirmed its commitment to advancing fintech innovation by awarding N29.5 million to 10 exceptional startups at its First Bank Fintech Summit 6.0, themed Banking on Partnerships. NearSwipe Limited, a fintech startup…
The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has called for increased collaboration among key players in the Fintech ecosystem to enhance financial literacy and promote financial inclusion for all citizens. The DG made this…
Managing Director, PalmPay Nigeria, Chika Nwosu has urged players in Afeica’s fintch space to avoid focusing on oke market. The Palmpay MD made this known at the recently concluded 2024 Nigeria Fintech Week in Lagos. Nwosu, who participated in a…
By Seun Ibiyemi PalmPay, an African-focused fintech company, has underscored the need for founders within the fintech ecosystem to boost investors confidence to drive more investment across the continent, saying that working closely with investors is vital to creating value.…
PalmPay, a leading payment platform has clocked five years of operations in the Nigerian market. Since its launch, PalmPay has achieved significant milestones in its mission to enable financial inclusion and strengthen Nigeria’s financial ecosystem. Amidst the celebration, PalmPay extended…
By Esther Agbo To achieve the Federal Government’s ambitious $1 trillion economy target, the Executive Director of Finance and Risk Management at United Bank for Africa Plc (UBA), Ugo Nwaghodoh, has called for greater collaboration between Nigeria’s banking sector, fintech…
By Enoch Deyon Kantan After the Global Financial Crises (GFC), only 22 percent of American Financial Institutions were deemed trusted. Since then, trust in the financial sector has increased to 33 percent in 2019, and over 50 percent in 2023. Despite this…
By Sodiq Adelakun Nigerian financial institutions, fintech companies, a blockchain firm, and the Africa Stablecoin Consortium have announced that they will be unveiling a Naira stablecoin called cNGN on February 27, 2024. The consortium made this announcement in a statement…
A Healthcare Buy Now pay Later company, Kiowope capital Limited, has recently developed and launched an alternate finance option for paying for healthcare services in Nigeria. In a press statement made available state that Kiowop capital Limited is an option…
Nigerian big banks’ fintech foray spotlights valuation. A growing number of Nigerian big banks are making inroads into the financial technology space, putting the valuation of fintech firms in the country under the spotlight. Around 2017, when fintech companies were…
