Nigeria is now home to over 200 fintech standalone companies, plus a number of fintech solutions offered by banks and mobile network operators as part of their product portfolio. Between 2014 and 2019, Nigeria’s bustling fintech scene raised more than $600 million in funding, attracting 25 ...
Thirdly, regulatory changes have enabled fintech companies to compete with traditional financial institutions on a more level playing field. Finally, advancements in technology, such as AI and blockchain, have opened up new possibilities for fintech innovation, driving further growth in the market....
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“Kenya is our largest market after Nigeria. We want to grow in this space by targeting the SMEs which are the backbone of the Kenyan economy,” said Flutterwave Kenya country director and East Africa business head Elizaphan Mouko in an interview with the Business ...
Nigerian Tech Startups Go Back to Basics: Many Online Companies in Nigeria Are Having to Adopt Offline Business ModelsIn February 2017, the online video streaming platform iROKOtv made free downloads available at...Adepoju, Paul
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The credit rating approval is also a stronghold for One Finance as Nigeria’s central bank (CBN) explores pricey regulatory practices that would raise the costs of licenses for fintech companies. While many in this sector gripe about the CBN’s policies, Dozie sees this move as a sign of ...
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Nigeria-based fintech Moniepoint gains ‘unicorn’ status Company raises $110mn from investors including Google despite slowdown in fundraising for African start-ups Save October 28 2024 Wise Wise chief executive fined £350,000 over ‘tax issues’ UK financial regulator says Kristo Käärma...
How China became a vital part of Nigeria’s tech industry Tuesday, 21 May, 2024 25 min listen China's race to tech supremacy: Driving into Europe BYD is making inroads into Europe. The EU is not pleased Tuesday, 14 May, 2024 Technology sector ...