Theparkpay Opens Cross-Border Rails to Global Market
Theparkpay Technologies Limited launches cross-border payment rails, enabling global money transfers and enhancing financial inclusion for Nigerians.
Category : Fintech
OPay Swings to Profit in FY2025 as Revenue Surges 161%
OPay achieved profitability in FY2025, with revenue surging 161% to $536.3 million, driven by transaction volume growth and cost optimization, according to its parent company.
Opay Transactions Double to $3.58 Billion Ahead of IPO
Opay's transaction value surged 105% to $3.58 billion in 2025, as the fintech prepares for an IPO, according to its audited financial report.
Roqqu Launches Tokenized Stocks, Super Trading Platform
Roqqu, a leading African crypto exchange, launches tokenized stocks, evolving into a super trading platform with access to US equities, forex, and commodities.
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OPay Savings: A National Movement for Financial Inclusion
OPay's savings feature has become a national movement, with over 20 million users saving N1.5 trillion in 2025, promoting financial inclusion across Nigeria.
OPay 7 Savings Festival: 27% Interest, N77m Pool
OPay launches the 49-day 7 Savings Festival, offering 27% per annum interest and a share of N77m pool to encourage consistent saving among Nigerians.
TYMs Brings Accounting and Bookkeeping to AI Assistants
TYMs launches AI accounting integration for Claude and ChatGPT, enabling real-time bookkeeping and financial management within chat interfaces.
Tech Transforms Nigerian Securities Trading
Technology is revolutionizing Nigeria's securities trading, boosting efficiency, transparency, and access, according to experts.
Moove Hits $1.5B Valuation After $250M Funding Round
Moove, African mobility fintech, secures $250M funding, reaching $1.5B valuation, becoming latest unicorn, expanding globally.
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OneDosh and Stripe Solve Crypto On-Ramping in Nigeria
OneDosh partners with Stripe to enable seamless crypto on-ramping in Nigeria, allowing users to buy digital assets with naira using local payment methods.
Kolomoni Free Transfers for Under 25s in New Campaign
Kolomoni unveils free bank transfers for Nigerians aged 25 and below under its 'Take Control' campaign, targeting youth financial inclusion.
The Hidden Risk of Simple Payment Requests in Fintech
Africa's fintech boom hides a growing threat: payment request fraud. Learn how cybercriminals exploit simple invoices and what the industry must do to secure transactions.
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Unseen Tech Firms Powering Airtime and Digital Services
Airtime credit in Nigeria runs on invisible tech firms like Nairtime, Creditswitch and fonYou, processing millions of transactions daily behind the scenes.
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Future of Payments Invisible Empowering Africa
Payments in Africa are becoming invisible yet deeply integrated, driving financial inclusion. KPMG reports 60% of West Africans use AI daily, and formal savings in Nigeria hit 80%. Trust and reliability are key.
Prembly Unites Nigeria Financial Ecosystem Against Fraud
Prembly hosted a landmark summit uniting Nigeria’s top financial institutions to forge a collaborative framework against financial fraud, targeting a 40% reduction in losses.
Moniepoint Gives $700m Loans to MSMEs, Women Top Beneficiaries
Moniepoint disbursed over $700 million in loans to Nigerian MSMEs in 2025, with 75% of beneficiaries accessing formal credit for the first time and women-owned businesses seeing a 300% surge.
Trust, Speed, Inclusion Shape Payment Future
A new report highlights that trust, speed, and inclusion are the key drivers transforming the payments landscape in Nigeria, emphasizing digital adoption.
Opay Targets One Billion Users in Global Fintech Expansion
Opay plans to reach one billion users globally by expanding into new markets, leveraging its mobile payment platform and digital services.
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Glover App Announces Orderly Wind-Down of Operations
Glover App, a Nigerian fintech platform, has announced an orderly wind-down of its operations, ceasing all transactions and app functionality by a set date.
Two Women Lead Nigeria's First Insure-Fintech Skydd
Nigeria's first insure-fintech, Skydd, is led by two women. The startup aims to make insurance accessible via technology, targeting the underinsured.
Flutterwave Gets Circle Ventures Investment for USDC Payments
Flutterwave secures investment from Circle Ventures to expand USDC settlement across Africa, enhancing stablecoin payment capabilities for businesses.
AfriGO Showcases Cowry Cards, Tokenisation at Expo 2026
AfriGO, Nigeria's sovereign card scheme, unveiled Cowry terminal cards, virtual cards, tokenisation, and a Bank of Agriculture partnership at Digital Pay Expo 2026 in Lagos.
Collective Models: Young Africans' Best Wealth Creation Route
Rank CEO Femi Iromini says collective models offer young Africans the most effective route to wealth creation, with over $100 million paid out in 12 months.
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Nigerian Fintech Plug.ng Launches Global eSIM in 150+ Countries
Nigerian fintech Plug.ng launches Global eSIM service, offering seamless mobile data connectivity in over 150 countries without physical SIM cards or expensive roaming charges.
SendOva Founder Olufemi Olaogun Revolutionizes UK-Nigeria Remittances
Olufemi Olaogun launches FCA-licensed SendOva, offering zero fees and competitive rates for UK to Nigeria transfers, aiming to transform diaspora remittances.
Ubuntu Tribe Enters Nigeria in African Fintech Shift
Ubuntu Tribe, a fintech firm, expands into Nigeria, aiming to revolutionize financial infrastructure across Africa with innovative solutions.
Ava Books: WhatsApp as Financial OS for African SMEs
Ava Books, built by Klam Labs, transforms WhatsApp into a financial operating system for African SMEs, enabling bookkeeping, invoicing, and credit access via chat.
How 3MTT Fellows Built Linia Finance from a WhatsApp Group
Linia Finance, born from a WhatsApp group of 3MTT fellows, raised over ₦50 million and launched a financial platform with 1,000+ beta sign-ups, showcasing community-driven entrepreneurship.
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I Go Save Calls for Nigerian Doctor App for Diaspora
Comedian I Go Save urges Nigerian doctors to create a medical consultation app for Nigerians abroad, citing his daughter's two-year ear infection ordeal and criticizing the UK healthcare system.
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