News
Nigeria: PalmPay Introduces Two Financial Products to Foster Financial Inclusion in Nigeria
PalmPay, a fintech platform focused on Africa, has unveiled two innovative financial products aimed at enhancing financial inclusion within Nigerian communities. These products, ...
Africa
African Startup Funding Surges to $217 Million in February, Nigeria Leads the Charge
In February 2024, African startups rebounded from a sluggish January, experiencing a significant surge in funding, with Nigeria emerging as the frontrunner in ...
Global
Global: Banco do Brasil Partners with G+D to Pilot Offline Payments for CBDC
Banco do Brasil has teamed up with German firm Giesecke+Devrient (G+D) to conduct pilot trials of offline payments as part of its central ...
Kenya
Crafting the Future of Banking: Insights from 11th Edition Connected Banking Summit- Innovation & Excellence Awards East Africa 2024, Nairobi, Kenya
Nairobi, Kenya – Conceptualized and organized by The International Center For Strategic Alliances (ICSA), the 11th Edition Connected Banking Summit- Innovation & Excellence ...
Global
Global: India’s UPI Expands Global Reach with Fonepay Partnership in Nepal
India’s Unified Payment Interface (UPI) is extending its global footprint through a strategic collaboration with Nepal’s largest payment network, Fonepay. The partnership between ...
News
Nigerian Banks Tap ₦8 Trillion from CBN to Boost Liquidity Amid Rising Interest Rates
Nigerian deposit money banks (DMBs) have collectively borrowed ₦8 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) to address ...
News
Nigeria: Flutterwave Discontinues Barter Virtual Card, Shifts Focus to Remittance Services
Flutterwave has announced the discontinuation of its Barter service, a virtual card platform introduced in 2017 as part of the fintech company’s growth ...
News
Ghana: Government Initiates Fintech Innovation Fund to Propel Industry Growth
Dr. Ernest Addison, the Governor of the Bank of Ghana, has unveiled the government’s plan to establish an Innovation Fund dedicated to fostering ...
Africa
Africa: Empowering Women in Finance: 5 African Fintechs Led by Women Breaking Barriers
Fintech has become a potent force in advancing financial services and bridging the gender gap in financial inclusion. In Africa, where the prominence ...
News
Nigeria: CBN Reports Quadrupling Remittances to $1.3 Billion in February
The Central Bank of Nigeria (CBN) has reported a remarkable increase in foreign exchange inflow into the economy during the month of February. ...
