Technext Technext
  • Home
  • Stories
    • Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa
      Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa
      2 hours ago 0
      46
    • Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others
      Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others
      6 hours ago 0
      46
    • App Review: Sety Let’s You Know if there’s Danger Around and When the Coast is Clear
      App Review: Sety Let’s You Know if there’s Danger Around and When the Coast is Clear
      1 day ago 0
      45
    • Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended
      Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended
      2 days ago 0
      93
    • Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      3 days ago 0
      114
    • Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform
      Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform
      3 days ago 0
      185
    • Alphabet Shuts down Balloon-powered Internet in Kenya Months after its Launching
      Alphabet Shuts down Balloon-powered Internet in Kenya Months after its Launching
      3 days ago 0
      132
    • Google Search And Facebook News Could Leave Australia if Forced to Pay News Publishers
      Google Search And Facebook News Could Leave Australia if Forced to Pay News Publishers
      3 days ago 0
      106
    • Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      4 days ago 0
      140
  • Features
    • Sell it or Repurpose it, Here are 5 Things You Could do With your Old Gadgets and Devices
      Sell it or Repurpose it, Here are 5 Things You Could do With your Old Gadgets and Devices
      4 days ago 0
      128
    • 5 Tips to Make Your Business More Popular on Social Media
      5 Tips to Make Your Business More Popular on Social Media
      2 weeks ago 0
      236
    • Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      2 weeks ago 0
      401
    • Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      2 weeks ago 0
      458
    • Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      3 weeks ago 0
      423
    • ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      4 weeks ago 0
      471
    • After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      4 weeks ago 0
      419
  • Reviews
    • Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others
      Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others
      6 hours ago 0
      46
    • Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      3 days ago 0
      114
    • Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      4 days ago 0
      140
    • You Can’t Get Your NIN Slip Through the NIMC App but Here are 3 Things You Can Do With it
      You Can’t Get Your NIN Slip Through the NIMC App but Here are 3 Things You Can Do With it
      5 days ago 0
      200
    • Netflix Surpasses 200 Million Subscribers, Says It no Longer Needs External Financing
      Netflix Surpasses 200 Million Subscribers, Says It no Longer Needs External Financing
      5 days ago 0
      134
    • With Growing Interest in Forex Trading, Here are 5 Best Forex Brokers in Nairaland, Nigeria
      With Growing Interest in Forex Trading, Here are 5 Best Forex Brokers in Nairaland, Nigeria
      6 days ago 0
      154
    • Kenya Overtakes Nigeria as Africa’s Favorite Investment Destination
      Kenya Overtakes Nigeria as Africa’s Favorite Investment Destination
      6 days ago 0
      284
  • Women in Tech
  • Videos
  • Contact Us
Go to...

    Nigeria’s Amplified Payment System Joins Dubai-based FinTech HIVE 2018 Accelerator Program

    Idris AbubakarIdris Abubakar
    September 12, 2018
    Nigeria’s Amplified Payment System Joins Dubai-based FinTech HIVE 2018 Accelerator Program

    A Nigerian company, Amplified Payment System has been selected to participate in the 2018 FinTech Hive accelerator programme. The Lagos-based company joins a pool of 22 innovative FinTechs for the three-month programme in Dubai.

    We would like to officially welcome all The Finalists to the #FinTechHive 2018 Programme. Stay tuned for more info! pic.twitter.com/G2tWgzklvX

    — Fintech Hive at DIFC (@FintechHiveDIFC) September 6, 2018

    Based in Dubai, FinTech HIVE is owned by Dubai International Finance Centre (DIFC) in partnership with Accenture. The accelerator is a platform for innovative financial services startups to develop their ideas. The program provides an opportunity for them to test, develop and adapt their solutions to meet the evolving conditions of the real world.

    The finalists for the 2018 edition of the accelerator program were announced last week. From a pool of over 300 applicants, only 22 startups made it into the program. Also, compared to the previous year, the 2018 cohorts is larger and more diversified.

    Cohorts, this time, are drawn from a wide array of subsectors in the finance industry. These include regular FinTech services, InsurTech, RegTech, and Islamic FinTech. And only 50% of the cohorts are regular FinTechs.

    Welcome Day is finally here! We cannot wait to meet the finalists of the 2018 #FinTechHive Programme. pic.twitter.com/fKzqLzM0ez

    — Fintech Hive at DIFC (@FintechHiveDIFC) September 4, 2018

    “The extraordinary quality and overwhelming quantity of proposals we received this year is a testament to the growing interest in FinTech Hive,” says Raja Al Mazrouei, Executive Vice President of FinTech HIVE.

    As the region’s FinTech industry continues to provide unique solutions that address the evolving needs, we are committed to providing the FinTech[s] space, an international network of strategic partners and well-established financial institutions looking for innovative solutions to their everyday challenges.

    Nigeria’s Amplified Payment System Goes Global

    Nigeria’s Amplified Payments System was the only startup from Sub-Saharan Africa among the finalists.

    Founded in 2015 by Segun Adeyemi, the FinTech develops technology for recurrent payments and subscription-based payments. It seeks to automate recurring type transactions that currently happen via cash, bank transfers, standing order, and postdated cheques. The market is huge; valued at about $32 billion in Nigeria alone.

    @amplifypay mtransfers is live on @fidelitybankplc as #Flashkey putting financial services on the fingertips of customers. Money conversations happen regularly via social messaging, its only natural to meet customers where they spend the most time… #socialbanking #bankwithstyle pic.twitter.com/oBbw8jh1n4

    — Maxwell Obi (@obi_maxwell) July 17, 2018

    Its entry into the FinTech HIVE programme is a huge plus to its growth. For one thing, the startup gains access to new sources of finance and mentoring via the three months program.

    But importantly, the company gets access to a broad range of Middle Eastern contacts, something that is usually hard to come by due to the distinct financial systems model the region has.


    If you’d like to get featured on our Entrepreneur Spotlight, click here to share your startup story with us.


    SUBSCRIBE

    Get latest Technology news, reviews, business-related content with a deliberate emphasis on the African narrative and insightful analysis in Nigeria – straight to your inbox.


    Comments

    Share :
    • Facebook
    • Twitter
    • Google+
    • Pinterest
    • Linkedin
    • Email
    Idris Abubakar

    Idris Abubakar

    Abubakar Idris has interests in all things web, business and tech innovations. I write to inform.

    Here is How the CBN Sanction May Affect the Long Awaited MTN Listing
    Next article
    Here is How the CBN Sanction May Affect the Long Awaited MTN Listing
    Nigerian Startups, Farmignite and Ankora, Emerge Winners at the Pitch AgriHack 2018
    Previous article
    Nigerian Startups, Farmignite and Ankora, Emerge Winners at the Pitch AgriHack 2018

    Related Posts

    • Stories 2 hours ago

      Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa

      Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa
      Reviews, Stories 6 hours ago

      Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others

      Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others
      Stories 1 day ago

      App Review: Sety Let's You Know if there's Danger Around and When the Coast is Clear

      App Review: Sety Let’s You Know if there’s Danger Around and When the Coast is Clear
    • Stories 2 days ago

      Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended

      Social Media Roundup: #InaugurationDay, NIMC and Other Stories that Trended
      Reviews, Stories 3 days ago

      Global Tech Roundup: President Biden Reverses Nigeria's Travel Ban

      Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      Stories 3 days ago

      Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform

      Nigerians React as NRC Launches N900 million Railway e-Ticketing Platform

    Bitcoin Recent Prices

    Brandest

    Sign up for Newsletters

    Popular News

    • Breaking: Nigeria Hits 1,095 Coronavirus Cases, 80 in Lagos, Recovery Rate Falls to 19%
      Breaking: Nigeria Hits 1,095 Coronavirus Cases, 80 in Lagos, Recovery Rate Falls to 19%
      9 months ago 0
    • Startup Review: Muster Helps You Find Verified People to Split Apartment Cost With
      Startup Review: Muster Helps You Find Verified People to Split Apartment Cost With
      7 days ago 0
    • ALA Celebrates One Year of Providing Ultimate Mentorship Experience to Business Leaders and Entrepreneurs
      ALA Celebrates One Year of Providing Ultimate Mentorship Experience to Business Leaders and Entrepreneurs
      April 12, 2019 1
    • Expert Tips on How to Avoid Getting Scammed by Fake Businesses While Making Equity Investments
      Expert Tips on How to Avoid Getting Scammed by Fake Businesses While Making Equity Investments
      9 months ago 0
    • Apple Unveils New MacBook Air, 13-inch MacBook Pro and Mac mini During its Latest Event
      Apple Unveils New MacBook Air, 13-inch MacBook Pro and Mac mini During its Latest Event
      3 months ago 0

    Follow Us

    Latest Tweets

    • technextdotng RT @aforisms_: Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa - https://t.co/7lVP7nECvp v…
      about 15 minutes ago
    • technextdotng RT @Gbemileke_B: Kenyan insurtech startup @AdvisorsPula has raised $6M in Series A funding to scale up its tech-driven insurance products f…
      about an hour ago
    • technextdotng Kenyan #insurtech startup, @AdvisorsPula has raised $6 million in a Series A funding round to increase profitabilit… https://t.co/gO877ECh1R
      about an hour ago
    • technextdotng New post: Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa https://t.co/5JQufzhXbe
      about an hour ago

    Instagram

    technextdotng

    Technext.ng is the go-to site for news, reviews and insightful analysis in the Nigerian tech space.
    http://ow.ly/ayTM30mSlGS

    With the realization of one’s own potential and With the realization of one’s own potential and self-confidence in one’s ability, one can build a better world.
#TechNext #MondayMotivation
    72.8% of our voters opt to give out their old devi 72.8% of our voters opt to give out their old devices or go with the flow of things.

What do you do?
#Smartphone #gadget #Polls
    Top App Downloads in Africa (2020) 1. Egypt - 2.3 Top App Downloads in Africa (2020)
1. Egypt - 2.3 billion
2. S/Africa - 680 million
3. Nigeria - 640 million

Read more at technext.ng
#Payments #Africa #Fintech #Finance #Innovation #Technology #Nigeria #SouthAfrica #Egypt #Consumer #Kenya #Report #Gaming #Gamers
    Highest In-app Spending in Africa (2020) 1. S/Afri Highest In-app Spending in Africa (2020)
1. S/Africa - $210 million
2. Egypt - $120 million
3. Nigeria - $60 million

Read more at technext.ng
#Payments #Africa #Fintech #Finance #Innovation #Technology #Nigeria #SouthAfrica #Egypt #Consumer #Kenya #MobileApp #App
    According to our latest poll results, the ride hai According to our latest poll results, the ride hailing battle in Nigeria is still between Uber and Bolt, with both clinching 77.8% of the votes.

#RideHailing #Nigeria #Polls
    Happy birthday to the in-house "techie", @Tommy_bl Happy birthday to the in-house "techie", @Tommy_blanc.
Best wishes from all of us at Technext. @te

#WeAreTechnext #HappyBirthday
    Load More... Follow on Instagram

    Random News

    • Cinema Roundup: Nigerian Moviegoers Boycott Cinemas, Spend Only N367 Million on Films in September
      Cinema Roundup: Nigerian Moviegoers Boycott Cinemas, Spend Only N367 Million on Films in September
      October 16, 2019 0

      Cinema statistics for the month of September shows a significant drop in month-on-month gross earnings for Nigerian cinema operators. According ...

      Read More
    Copyright 2020 technext.ng | Privacy Policy | Media Policy