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Paystack has been fined approximately USD 115,480 by Nigeria’s Central Bank for allegedly breaching the terms of its operating licence through the launch of its consumer-facing product, Zap.
regulation, compliance, digital wallet, digital payments, fintech
Nigeria-based Brass has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures Platform, and P1 Ventures.
acquisition, investment, fintech, payments