CBN to release landmark fintech survey report Monday
The Central Bank of Nigeria is set to release a landmark fintech survey report on Monday, February 2. The report provides rare…
Fintech
PalmPay begins campaign to eliminate fintech fraud
A Financial Technology Platform, PalmPay Limited, has cautioned its customers across the country to be wary of antics of scammers and fraudsters.…
Fintechs drive N71.5trn transactions in 2024 – NIBBSS
Nigerian Fintechs dominate transaction volumes in the digital payment space while traditional banks focus on translating digital activity into strong revenue growth.…
Orange Money partners JUMO to offer microloans across Africa
The financial services arm of French telecom giant Orange S.A., Orange Money, is partnering with South African fintech firm JUMO to offer…
Revolut taps ex-Uber exec to lead African expansion
Digital banking giant Revolut has appointed former Uber general manager Amine Berrada to lead its entry into Morocco, marking a major step…
Opay, Piggyvest, others rank among CNBC’s world’s top 300 fintechs
Ten African fintech companies have been recognised among the world’s top 300 fintechs in 2025, according to a new ranking by CNBC…
Visa, partners Yellow Card to drive stablecoin payments across Africa
Visa has partnered with Yellow Card, a leading African crypto exchange, to bring stablecoin-based payments to more countries across the continent—signaling a…
Visa appoints Aminata Kane to head African operations
Global payments giant Visa has announced the appointment of Aminata Kane as Senior Vice President and Head of Western and Central Africa,…
U.S. fintech Wave enters Cameroon’s mobile money market
U.S.-based fintech startup Wave officially launched its mobile payment services in Cameroon on June 11, 2025, marking its entry into one of…
CBN fines Paystack ₦250m over alleged regulation breach
The Central Bank of Nigeria has slammed a ₦250 million fine on Paystack, one of the country’s leading fintech firms, over alleged…
C-One Ventures acquires Bankly to expand fintech footprint
Nigerian investment firm with interests in technology and finance, C-One Ventures, has acquired Bankly, a licensed microfinance institution known for serving Nigeria’s…
Revolut reports $1bn profit in 2024
Digital banking giant Revolut has posted a record net profit of $1 billion (£790 million) for 2024, more than doubling its earnings…