Young Nigerians, fintech apps drive fresh capital market growth
Young Nigerians using fintech apps are driving fresh growth in the capital market, the SEC DG says.
Flutterwave promotes 100+ staff, unveils global relief package
Flutterwave promotes over 100 employees and launches cost-of-living support globally.
BMONI partners Mastercard to launch instant virtual cards in Nigeria
BMONI and Mastercard launch instant virtual and physical cards for Nigerian consumers in naira and dollars.
Court stops eNaira Payment Solutions from claiming eNaira trademark ownership
Federal High Court bars eNaira Payment Solutions from claiming ownership of eNaira trademark.
Nigeria’s growth hinges on merging fintech with informal finance, expert says
Expert says Nigeria must merge fintech with informal finance systems to drive sustainable economic growth.
Lagos Seeks Global Investors for $9bn Startup Ecosystem Ahead of GITEX Nigeria 2025
The Lagos State Government, in collaboration with the Dubai World Trade Centre (DWTC), is actively seeking global investors to tap...
Colombian Fintech Startup Minka Expands into Africa
Minka, a cloud-based fintech startup from Colombia, has announced its ambitious plans to expand operations into Africa. The company will...
Revolut reports first-ever annual profit
Revolut, a financial technology company, has reported its first-ever annual profit, with revenues of £636.2 million ($767.1 million) for 2021, tripling its previous year's figure. Revolut's CFO, Mikko Salovaara, attributes this success to the company's diversified business and strict cost control. The company expects revenues to grow over 30% to £850 million in 2022. Revolut offers digital banking, money transfers, cryptocurrency, and stock trading through a single app and competes with companies such as Wise, Monzo, and Starling. Read on to learn more about Revolut's success and challenges.
FinTech Association Gets New Governing Council Members
FinTech Association of Nigeria has elected new governing council members, OduNews reports.
Nigerian Fintech Startup Duplo Secures $4.3m To Ease B2B Payments In Africa
Nigerian-based business-to-business payment platform Duplo has secured $4.3 million in seed funding, OduNews reports.
TeamApt Founders Selected As Endeavor Entrepreneurs
Endeavor has announced Tosin Eniolorunda and Felix Ike, Co-Founders of TeamApt as Endeavor Entrepreneurs at the 16th virtual International Selection...
Flutterwave raises $170M, at a $1B plus valuation
African fintech company Flutterwave announced that it has raised $170 million in Series C funding, valuing the company at over...
What you need to know about the race to Unicorn Status
The Nigerian fintech startup, Flutterwave made a splash today after it became Africa’s newest unicorn. Olumuyiwa Olowogboyega & Alexander Onukwue explore...
11 interesting things you should know about Africa
Africa Day was celebrated on 25 May, and YouTube and ViacomCBS Networks Africa organized the “Africa Day Benefit Concert At...
Stock Market Investors Make ₦897bn Profit Despite Lockdwon
Investors at the Nigerian stock market recorded a gain of ₦897billion during the month of April despite the lockdown imposed...