Tag: Fintech space

News

Stripe to lay off 300 employees despite plans for headcount growth

Fintech giant,Stripe, is laying off 300 employees, according to a leaked internal memo reported on Tuesday by Business Insider. The job cuts will primarily affect workers in product, engineering, and operations roles, and despite the layoffs, Stripe plans to expand its overall workforce. Chief People Officer Rob McIntosh stated that the company intends to grow […]

NGX board members
Business

NGX sets up tech products advisory panel

The Nigerian Exchange Limited sets up the NGX Digital and Technology Products Advisory Panel. The Panel is geared with the responsibility of enhancing and increasing the NGX’s digital product offerings through the Exchange’s interaction with the capital market community and the fintech ecosystem NGX is leading the development of African’s financial market through her wide […]

Banking

PennyTree redesigns app to improve retail banking

Nigerian Fintech company, PennyTree, has redesigned its mobile app to provide retail banking services for individuals and merchants looking to scale and grow their business operations.   The Co-founder of PennyTree, Abayomi Ogunjobi, announcing the launch on Thursday, explained that the new direction is a necessary solution designed to help individuals make the most of […]

News

Fintech startup boosts money management service

Halo Financial Services Limited, a fintech start-up, has launched an innovative service that will help Nigerians manage and grow their money. During a press briefing in Lagos on Wednesday, the Chief Executive Officer and Co-founder, Chidimma Onyeokoro, said that Halo enabled communities to provide financial services to their members. Onyeokoro said, “Halo defines a community […]