Zone Partners NIBSS to Revolutionize Nigeria’s PoS Payment Infrastructure With Blockchain Technology
Zone Payment Network Limited has partnered with Nigeria Inter-Bank Settlement System (NIBSS) Plc, the National Central Switch, to launch Nigeria’s first Payment Terminal Service Aggregator (PTSA). This collaboration is set…
LemFi Expands its International Payment Services to Brazil and Mexico
LemFi is a leading financial technology platform revolutionising how people move their money globally. LemFi serves over 1 million customers in the United States, the United Kingdom, and Canada through…
Kuda Partners with SeerBit to Offer Cardless Payments and Enhance Security
Nigerian fintech company Kuda has announced a strategic partnership with SeerBit, a payment gateway, to provide customers with a secure and convenient cardless payment option for online transactions, thereby reducing…
CBN Announces Moniepoint, OPay, And Others to Resume New Customer Enrollments Soon
The Central Bank of Nigeria (CBN) has announced that mobile money operators, and fintech firms like Moniepoint, Kuda Bank, OPay, and Palmpay, will resume enrolling new customers in another couple…
Airtel Payment Service Bank SmartCash, Hits 1.5 Million Active Users in March 2024
In March 2024, SmartCash, Airtel’s innovative payment service bank (PSB), announced that it had achieved 1.5 million active users. This information was revealed in the financial results of its parent…
Chipper Cash Resumes US Operations Following Service Pause
Chipper Cash, an African cross-border fintech company, has revealed the relaunch of its operations in the United States, following a three-month hiatus due to a restructuring process. With the resumption,…
Zenpay, Zenith Bank’s Fintech Arm Teams Up With AfCFTA For Innovative Trade Portal
Zenpay Limited, a subsidiary wholly owned by Zenith Bank Plc, has forged an agreement with the African Continental Free Trade Area (AfCFTA) Secretariat. Together, they will develop and deploy the…
MTN Nigeria Fintech Records Marginal Revenue Increase in Q1 2024
The fintech arm of MTN Nigeria recorded a marginal revenue increase of N22.8 billion in the first quarter (Q1) of 2024, which is coming amid a pre-tax loss of N575.69…
Flutterwave Readies For IPO Listing With Strategic Moves
African fintech unicorn Flutterwave is strategically preparing for its anticipated Initial Public Offering (IPO) listing. The company has implemented substantial changes to its corporate team, revealed by its CEO, Olugbenga…
South African fintech JUMO Secures Goldman Sachs Support For Asian Expansion
Financial technology firm JUMO has announced plans to expand into high-growth Asian markets following the company’s successful equity funding round, backed by Goldman Sachs. Founded in 2014, JUMO has primarily…