Discover all the payments and fintech-related news and analysis about Nigeria in The Paypers News, Reports, along with other Nigeria-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Nigeria in The Paypers News, Reports, along with other
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Mono has partnered with Mastercard, to introduce Mono's DirectPay Pay with Bank on the Mastercard Payment Gateway System (MPGS).
payment gateway, partnership, account-to-account payment, Open Banking
Nigeria-based startup Zilla has announced its decision to halt its BNPL service in order to focus on the development of cross-border payment solutions.
product launch, product upgrade, payments , online payments, mobile payments, digital payments, cross-border payments, cross-border ecommerce, ecommerce
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
Nigeria-based banking-as-a-service (BaaS) provider Anchor has raised USD 2.4 million in a seed funding round to expand its product offering.
funding, investment, BaaS, product upgrade
Currency technology provider Integral has announced that Access Bank Nigeria integrated its solutions to support its regional expansion and improve its FX pricing and distribution abilities.
digital banking, online banking, FX , financial services, partnership
Nigeria-based commercial financial institution Wema Bank has announced the launch of an upgraded version of its corporate digital banking application, ALAT.
product launch, product upgrade, online banking, digital banking, mobile banking, digital onboarding, payments
Nigeria-based fintech Accelerex has deployed its Pay with Fingerprint solution on PoS terminals in Nigeria.
POS, biometrics, product launch, merchant, payments
Fincra, a payment company, has obtained an International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria (CBN).
banking license, central bank, banks, cross-border payments, payments
Nigeria-based fintech Flutterwave has reportedly planned to further its initial public offering (IPO) after progress in resolving allegations of financial impropriety in Kenya.
IPO, payments , financial institutions, expansion, paytech, fintech, financial services
Visa has made a strategic investment in African fintech Moniepoint to advance financial inclusion and support small and medium-sized enterprises (SMEs) across Africa.
partnership, funding, fintech, financial inclusion, SMEs
Nigeria’s Economic and Financial Crimes Commission (EFCC) has dismissed a money-laundering case against Tigran Gambaryan, a senior executive at Binance.
cryptocurrency, money laundering, regulation, cryptocurrency exchange
Africa-based cryptocurrency exchange Quidax has been granted a provisional operating licence by Nigeria's Securities and Exchange Commission.
cryptocurrency exchange, cryptocurrency, regulation, compliance
Nigeria-based fintech and non-bank credit card issuer O3 Capital has partnered with American Express to issue four new Amex credit cards in Nigeria.
credit card, Issuer, fintech, financial inclusion, SMEs
Nigeria-based Funds & Electronic Transfer Solutions (Fets) has partnered with UnionPay International to issue virtual cards through the Fets app in Nigeria.
virtual card, mobile payments, digital wallet, digital payments, central bank
OmniRetail, a B2B eCommerce startup based in Nigeria, has acquired Traction Apps, a fintech firm that develops payment solutions for small businesses.
payments , ecommerce, SMEs, acquisition, fintech
Nigerian authorities have called for a USD 10 billion penalty against Binance, as the platform caused financial losses within the country by manipulating exchange rates.
regulation, cryptocurrency, cryptocurrency exchange, crypto, crypto asset, digital assets
Nigeria-based fintech, FrontEdge, has raised USD 10 million in a debt and equity seed round led by lead investor, TLG Capital.
funding, investment, SMEs, cross-border logistics
Verve has announced its partnership with financial institution Moniepoint in order to launch the Moniepoint Verve Debit Card for Nigerian clients.
partnership, product launch, mobile banking, online banking, digital banking, debit card, finan, financial services, financial institutions
Nigeria-based fintech Cleva has announced that it raised USD 1.5 million in pre-seed funding, with the round being led by 1984 Ventures.
investment, funding, cross-border payments, online payments, bank account
The government of Nigeria has revealed its intention to introduce a payment-integrated ID card in a bid to provide social and financial services.
product launch, financial services, digital payments, digital identity