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Category : Fintech
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.
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.
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.
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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.
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.
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.
UBA, MTN, RedTech partner to boost digital payments
UBA, MTN MoMo PSB, and RedTech Limited have formed a strategic alliance to expand digital payments access for millions of Nigerians without debit cards or internet.
AI Tool Helps Nigerians Manage Personal Finances
Tally AI Limited launches a WhatsApp-based personal finance assistant to help Nigerian workers track income and expenses in real time, offering voice support in local languages.
OPay Leads Fintech Future Talks at BusinessDay Summit 2026
OPay, as headline sponsor, led discussions at the BusinessDay Fintech Summit 2026 in Lagos, focusing on intelligence, infrastructure, and inclusion in Africa's digital money economy.
Flutterwave Denies FG $75m Investment Claim
Flutterwave refutes reports of a $75 million investment from the Nigerian government, clarifying no formal transaction exists amid discussions on potential private capital and future IPO plans.
PalmPay Reaches 35M Users, Fintech Focuses on Daily Use
PalmPay surpasses 35 million users in Nigeria, highlighting a shift in fintech from customer acquisition to everyday financial integration, with emphasis on infrastructure, agent networks, and financial literacy.
Flutterwave Denies $75M Govt Investment, IPO Rumors
Flutterwave has officially refuted reports claiming the Nigerian government approved a $75 million investment as a precursor to a public listing. The fintech giant dismissed the claims as inaccurate, clarifying it is not close to an IPO.
Flutterwave Denies $75M Govt Investment and IPO Rumors
Flutterwave has officially refuted reports claiming the Nigerian federal government approved a $75 million investment in the company as a precursor to a public listing. The fintech giant dismissed the claims as inaccurate and clarified it is not close to
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Payaza Gains Double Ratings, Unveils WhatsApp Payments
Payaza, a leading African payment infrastructure company, achieves AA- and A- credit ratings while introducing 'Chat and Pay by Payaza' for WhatsApp commerce and Shopaza storefront solution.
FCCPC Releases 2026 Register of Over 400 Approved Loan Apps
The Federal Competition and Consumer Protection Commission has unveiled an updated list of over 400 approved digital loan apps for 2026, enhancing consumer protection and transparency in Nigeria's fintech sector.
Court Halts FCCPC Digital Lending Rules, MTN Suspends Credit
A Federal High Court in Lagos has temporarily restrained the FCCPC from enforcing key digital lending regulations, while MTN Nigeria suspends its airtime and data credit services due to new regulatory requirements.
FCCPC's 7 Rules Reshape Nigeria's Digital Lending Industry
Nigeria's FCCPC has implemented strict new regulations for digital lenders, banning harassment, strengthening data privacy, and imposing heavy penalties for violations to protect consumers.
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Keepaza App: Secure Payment Links Replace Long Account Numbers
Keepaza, a new Nigerian platform, provides users with a single secure link for all payment details, including bank accounts and crypto wallets, to streamline transactions and enhance professionalism.
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