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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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Flutterwave upgrades Send App for global transfers and FX exchange

News | Payments General | 19 Feb 2025

Flutterwave has introduced a major upgrade to Send App, integrating currency exchange capabilities and international money transfers.

product upgrade, money transfer, FX , transactions , payments

Nigeria sues Binance for USD 81.5 billion due to economic losses and back tax

News | Online & Mobile Banking | 20 Feb 2025

Nigeria has instituted legal proceedings against Binance, seeking USD 79.5 billion in damages for claimed economic losses and USD 2 billion for unpaid taxes. 

cryptocurrency, cryptocurrency exchange, crypto services, regulation

Coinbase partners with Onboard Global to offer crypto P2P payments to Nigerians

News | Online & Mobile Banking | 26 Feb 2025

Coinbase has announced its partnership with Onboard Global in order to enable Nigerian users to buy and sell cryptocurrencies efficiently and securely. 

partnership, cryptocurrency, P2P, P2P payments

Moniepoint partners with AfriGO to introduce contactless cards

News | Cards | 04 Mar 2025

Moniepoint has partnered with AfriGO, a national domestic card scheme powered by a subsidiary of the Nigeria Inter-Bank Settlement System, Afrigopay Financial Services Limited (AFSL).

contactless payments, debit card, transactions , partnership, Tap-to-Pay

Visa joins Moniepoint to support SMEs and digital payments in Africa

News | Payments General | 27 Jan 2025

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

Access Bank Nigeria selects Integral's FX technology

News | Online & Mobile Banking | 06 Feb 2025

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

VigiPay taps ThetaRay's AI solution for AML monitoring

News | Digital Identity, Security & Online Fraud | 27 Apr 2023

Nigeria-based paytech VigiPay has chosen ThetaRay’s AI solution to combat money laundering, sanctions violations, and other financial crime risks.

AML, fraud prevention, transaction monitoring, fintech, artificial intelligence, digital payments

Wema Bank launches upgraded ALAT service

News | Online & Mobile Banking | 08 May 2023

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

Wema Bank launches SME Business School 5.0. in Nigeria

News | Online & Mobile Banking | 22 May 2023

Wema Bank has announced the launch of its SME Business School 5.0., a programme designed for the development of small businesses in Nigeria.

product launch, product upgrade, online banking, digital banking, mobile banking, financial services, financial institutions, SMEs

Access Bank launches American Express cards in Nigeria

News | Cards | 12 Jun 2023

Nigeria-based Access Bank rolls out two new consumer credit cards: the Access Bank American Express Gold card and the Metal Platinum card.

American Express, credit card, product launch, merchants, Issuer

WorldRemit adds Naira currency as option for transfers to Nigeria

News | Payments General | 17 Jul 2023

WorldRemit has launched Naira currency remittances for Nigerians, available through bank transfer, airtime top ups, and at cash pick-up locations throughout Nigeria.

remittance, money transfer, product upgrade, cash

Nigeria's central bank upgrades eNaira with NFC features

News | Digital Identity, Security & Online Fraud | 24 Jul 2023

The Central Bank of Nigeria (CBN) has upgraded its CBDC mobile app with NFC technology to enable eNaira contactless payments.

CBDC, digital currency, NFC, product upgrade, financial inclusion

Google, Verve to allow Nigerians to pay with Naira cards on Play Store

News | Mobile Payments | 28 Jul 2023

Multinational technology company Google has partnered with Africa-based card scheme Verve to allow Nigerians to pay with Naira cards on Play Store.

partnership, digitalisation, cross-border payments, financial inclusion, local payment method

Payments in Nigeria: The rise of digital payments and its impact on financial inclusion

Voice of the Industry | Online & Mobile Banking | 31 Jul 2023

Tosin Eniolorunda, Co-founder and CEO of Moniepoint, discusses Nigeria's shift to digital payments, fostering financial inclusion and empowering businesses.

digital payments, financial inclusion, mobile banking, online banking, mPOS

Wema Bank partners with Enza Group

News | Online Payments | 15 Aug 2023

Nigeria-based Wema Bank has announced a partnership with Enza aiming to leverage the latter’s payments solution to enhance its ecommerce payment capabilities.

ecommerce, banking, digitalisation, financial institutions, digital payments

Flutterwave to further IPO plans

News | Payments General | 23 Aug 2023

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

Anchor raises USD 2.4 million in a seed funding round

News | Online & Mobile Banking | 05 Sep 2023

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

Flutterwave launches Swap, a digital FX solution Nigerians

News | Payments General | 11 Sep 2023

US-based paytech Flutterwave has rolled out Swap, a digital foreign exchange platform for Nigerians, in partnership with Wema Bank and Kadavra BDC.

FX , product launch, central bank, digitalisation, partnership

Verve partners with Moniepoint

News | Online & Mobile Banking | 11 Sep 2023

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

Funds & Electronic Transfer Solutions and UPI to launch virtual cards in Nigeria

News | Cards | 07 Nov 2023

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