Blockchain, Fintech and the Future of Banking by Austin Okere
“Customers besiege banks on the first day of the partial lifting of COVID-19 lockdown: As early as 8 am, bank premises ...
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Paystack Launches Fintech Office Hours To Provide Free Consultations For Startups Building Fintech Products
Paystack is granting access to its team of experts to startups building financial service products in a new initiative called Fintech Office Hours. The members of the first cohort of the programme will be selected from a pool of applicants ...
Nigerian Data Company, Voyance Launches Sigma, a Platform That Protects Fintechs From Fraudsters
Voyance, a Lagos-based data science company is launching a fraud monitoring platform that uses aggregated data from fintechs within Africa to protect them from fraudsters. According to Voyance, Sigma uses a fraud graph database that helps fintech companies block known ...
Paga, MoMo and Other Fintechs with Agent Networks That FG Could Leverage for Cash Distribution to Poor Nigerians
Following the lockdown, the Federal Government began the disbursement of cash palliatives to the poor and vulnerable. The disbursement was carried out through the National Social Safety Nets Coordinating Office (NASSCO) and the Household Uplifting Programme (HUP). ...
How Fintech Startup, ExtraMile Africa is Staying Relevant in the Midst of a Lockdown
As businesses face the challenge of another 14 days lockdown in Nigeria, a lot of changes have to be put in place. Startups are struggling to remain in operation and searching for ways of bringing existing structures to work in ...
Fintech Startup, Paga Partners Visa to Expand its Offerings and Provide alternative Payment Options to Customers
Nigerian payment and mobile money startup, Paga partners Visa to leverage the global payments processor‘s network for its users. The partnership allows Paga account holders to transact on Visa’s global network. It also allows Paga to onboard new ...
Fintech Startup, JUMO Raises $55m in Funding Round to Expand its Savings and Loan Facilities Across Africa and Asia
Digital financial services company, JUMO, has raised $55m in a new round of funding to aid the expansion of its services to other markets. The funding round had participation from both new and existing investors which include, Goldman Sachs, Odey Asset ...
Two Nigerian Fintechs, Esusu and PaddyCover Selected for the LHoFT Bootcamp in Luxembourg
Two Nigerian fintech startups, Esusu Africa Limited and Paddycover Insuretech have been selected for the Luxembourg House of Financial Technology (LHoFT) bootcamp holding in Luxembourg. The two startups make up a total of 11 fintech startups selected for the program. ...
Fintech Startup, Carbon Sets Up $100,000 Pan-African Fund to Support African Innovators
Nigerian digital financial platform, Carbon has launched a new $100,000 Pan-African fund targeted at insurance, health and education tech startups on the continent. The Carbon’s Disrupt fund wants to address the lack of funding and support holding back budding tech ...
Cowrywise Becomes Catalyst Fund Portfolio Company as the Startup Accelerator Announces New $15m Fund for African Fintech
Boston-based accelerator, Catalyst Fund has unveiled six early-stage fintech startups that will participate in its accelerator program. The list consists of an agritech credit startup Farmart with operations in India as well as 5 African based startups – one of which ...