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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
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
Nigeria-based Parallex Bank has obtained a USD 10 million trade finance facility from the African Export-Import Bank (Afreximbank).
funding, partnership, banks, trade finance
Nigeria has imposed a limit of USD 45 on cash withdrawals in a move to push consumers towards alternatives, including its own Central Bank Digital Currency (CBDC), the eNaira.
cryptocurrency, central bank, stablecoin, digital currency
metaverse, NFT, product launch, Augmented Reality
US and Lagos-based technology company Klasha has announced it raised an additional USD 2.1 million to complete its USD 4.5 million seed investment round.
funding, crowdfunding, cross-border payments, cross-border ecommerce, ecommerce, ecommerce platform, online payments, digital payments, local payment method
Zone, a blockchain payment platform design by Appzone Switch, has announced it will launch in Lagos in December 2021.
blockchain, stablecoin, distributed ledger technology, financial services, API
fintech, SaaS, cloud, BaaS, startup, financial services, digital banking, digitalisation
Alexandra Constantinovici, senior editor with The Paypers, drills down on the most relevant updates in the global payments industry, with focus on key particularities from each geography.
payment methods report, The Paypers, payment methods, online payments, mobile payments, cashless society, QR payments, pay later solutions, Asia, US, UK, Spain, The Netherlands, Southeast Asia, Africa, Kenya, Nigeria, LATAM, Brazil, Mexico, Japan, Singapore, ecommerce, online commerce, Unified Payment Interface, tap-on-phone, POS, mobile PoS
Uber, Flutterwave, launch, Africa, digital wallet, Barter payment app, Visa, South Africa, Kenya, Nigeria, Uganda, Ghana, Ivory Coast, Tanzania, Nigeria, unbanked populations, mobile money
The Lagos State Public Procurement Agency has disclosed that it would commence the implementation of several modules of its e-Procurement Solution.
Lagos State Public Procurement Agency, Lagos, Nigeria, Africa, MENA, e-procurement, e-Tendering, e-Publishing/Notification, e-Bidding and e-Award
Big Four accounting and advisory firm EY has joined Open Banking Nigeria in its efforts to standardise APIs across the Nigerian market.
EY, Ernst and Young, Open Banking Nigeria, partnership, API standards, accounting, advisory firm, audit, Nigeria, Africa, Open API, Open Banking
The Lagos State Government in Nigeria has deployed electronic procurement software to the Lagos State Public Procurement Agency to facilitate e-procurement.
Kehinde Kassim & Co., Lagos, Nigeria, Africa, state e-procurement portal, e-procurement, Lagos State Public Procurement Agency, Lagos State Government
Lagos State Public Procurement Agency (LSPPA) has introduced the Vendor Registration Module (VRM) for migration to its e-procurement platform.
Lagos, government, e-platform, procurement
Nigeria-based ecommerce startup Jumia has filed for an IPO on the New York Stock Exchange, according to TechCrunch.
ecommerce, Nigeria, Africa, startup, Jumia, IPO
Nigerian Lagos state government has revealed that it will launch an e-procurement platform in the next three weeks.
Nigeria, Lagos, product launch, e-procurement, e-procurement platform, Africa, Lagos State Public Procurement Agency
Konga has extended its payment on delivery (POD) option to its customers in Abuja, Nigeria, effective from February 2019.
Konga, pay on delivery, ecommerce, Nigeria, omnichannel, retail
Abhishek Banerjee, Emergent Payments: Cross-border merchants trying to expand into India need to understand the Indian consumers and their buying patterns
Abhishek Banerjee, Emergent Payments, digital banking, biometrics, Venture Capital, ecommerce, India, cross border payments, merchants
Rossini Zumwalt, Emergent Payments: In emerging markets, it is critical to offer consumers local payment methods
Rossini Zumwalt, Emergent Payments, emerging markets, consumers, local payment methods, payment solutions, interview, World
Standard Chartered, a British multinational banking and financial services company, has launched its mobile and online banking platform in eight African countries to enable payments services.
StanChart, mobile payments, mobile banking, digital payments, online banking platform