• Bank of Ghana suspends Flutterwave, Cellulant and 6 others over breaches

    The Bank of Ghana (BoG) has suspended the remittance transactions of eight fintech companies for breaching the country’s new regulatory requirements. Per reports, these companies...

    Bank of Ghana suspends Flutterwave, Cellulant and 6 others over breaches
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    The Bank of Ghana (BoG) has suspended the remittance transactions of eight fintech companies for breaching the country’s new regulatory requirements. Per reports, these companies include Flutterwave, Cellulant Ghana, Tap Tap Send, Afriex, Halges Financial Technologies, Top Connect, Remit Choice, and Send App. The suspensions will take effect on Thursday, September 18, 2025. In a...
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  • Beyond the Phone: How M-KOPA is Revolutionizing Financial Inclusion in Nigeria with Smartphone Access

    Leveraging mobile phones as instruments for credit establishment and service accessibility, M-KOPA aims to provide Nigerians with a sustainable route toward comprehensive financial inclusion.

    More than a phone: How M-KOPA is unlocking financial inclusion in Nigeria through smartphone access
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    Leveraging mobile phones as instruments for credit establishment and service accessibility, M-KOPA aims to provide Nigerians with a sustainable route toward comprehensive financial inclusion.
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  • Sterling Bank’s Homegrown Core Banking App Hits 2 Billion Transactions in Its First Year!

    Sterling Bank, a prominent Nigerian tier-2 financial institution with a market value of ₦390.9 billion, has announced that its indigenous core banking system, SEABaaS, successfully...

    Sterling Bank says locally built core banking application processed 2 billion transactions in first year  
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    Sterling Bank, a prominent Nigerian tier-2 financial institution with a market value of ₦390.9 billion, has announced that its indigenous core banking system, SEABaaS, successfully handled two billion transactions over the last year without experiencing any downtime. In 2024, Sterling Bank transitioned from the internationally recognized T24 platform, developed by Geneva-based Temenos AG, to its...
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  • Cardtonic is Creating the Ultimate Super App for Gift Cards, Gadgets, and Seamless Payments!

    Transforming Unused Gift Cards into Cash: Nigeria’s Emerging Fintech Solution During festive seasons in Nigeria, a peculiar challenge arises: many gift cards sent from abroad...

    Cardtonic is building a super app for everything gift cards, gadgets, and payments 
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    Transforming Unused Gift Cards into Cash: Nigeria’s Emerging Fintech Solution During festive seasons in Nigeria, a peculiar challenge arises: many gift cards sent from abroad remain unused. For instance, a relative in New York might purchase an Apple Store gift card for a family member in Abuja, but since Nigeria lacks an official Apple retail...
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  • Top Fintech Apps in Nigeria Offering the Best Competitive Interest Rates on Your Savings

    Contents Overview PiggyVest Overview Renmoney Features FairMoney Savings Plans Cowrywise Investment and Savings Kuda Bank Digital Savings Comparative Table of Nigerian Fintech Savings Apps Not...

    Fintech apps in Nigeria with competitive interest rates on savings
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    Contents Overview PiggyVest Overview Renmoney Features FairMoney Savings Plans Cowrywise Investment and Savings Kuda Bank Digital Savings Comparative Table of Nigerian Fintech Savings Apps Not long ago, my savings were confined to a conventional bank account, where the interest barely made a dent in my balance. It felt more like a secure holding place than...
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  • Apex Network Aims to Revolutionize Crypto-to-Cash Transactions Across Africa

    Apex Network: Transforming Fintech Across Africa Initially created to address the needs of Nigeria’s early cryptocurrency users, Apex Network has grown into a comprehensive fintech...

    Apex Network wants to make crypto-to-cash seamless across Africa   
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    Apex Network: Transforming Fintech Across Africa Initially created to address the needs of Nigeria’s early cryptocurrency users, Apex Network has grown into a comprehensive fintech platform serving the entire African continent. Over the past five years, the company has significantly broadened its offerings, moving well beyond its original crypto-to-cash exchange services. From Niche Crypto Solution...
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  • Japan Launches $20 Million Fund to Revolutionize Fintech, Mobility, and Sustainability Across Africa

    Japanese Venture Capitalists Invest $20 Million to Accelerate African Tech Innovation In a significant move to fuel technological advancement across Africa, two prominent Japanese venture...

    Japan’s new $20 million fund to boost fintech, mobility and sustainability in Africa
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    Japanese Venture Capitalists Invest $20 Million to Accelerate African Tech Innovation In a significant move to fuel technological advancement across Africa, two prominent Japanese venture capital firms have committed a combined $20 million to support emerging startups. Their investment focuses on sectors such as financial technology, transportation solutions, supply chain management, and environmental sustainability. Backing...
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  • Discover Why Fintech Transactions Outpace Traditional Banks Every Time

    Understanding the Speed of Fintech Transactions Versus Traditional Banks in Nigeria In Nigeria, it’s a common belief that fintech platforms such as OPay and Moniepoint...

    Here is why fintech transactions are faster than traditional banks
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    Understanding the Speed of Fintech Transactions Versus Traditional Banks in Nigeria In Nigeria, it’s a common belief that fintech platforms such as OPay and Moniepoint process transactions much faster than conventional banks. The popular narrative suggests that banks are “slow because they rely on batch processing,” whereas fintechs are “instant due to their use of...
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