BankingFintech

Your payments and collections will be made simpler for you thanks to ALAT's new NQR feature.

ALAT, one of Nigeria’s leading digital banking platforms has again raised the bar in service delivery by including a new quick response (QR)-code-based payments and collections solution to boost convenient and safe financial transactions. The new feature on ALAT, known as NQR or quick response (QR), is a code-based payment and collections solution that provides fast, easy, secure, reliable…
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Technology

Online campaign tracking platform is unveiled by SystemSpecs.

A Technology services provider, SystemSpecs has launched a fundraising solution, FundACause, for individuals and groups to track campaigns online and in real-time, as well as share donation progress with donors. Managing Director, SystemSpecs Technology, Demola Igbalajobi, said the platform, which is to facilitate donations in Nigeria, was developed to manage donation-based fundraising, which…
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Technology

Veedez, a bookkeeping app, makes life easier for MSMEs.

Mama Joy always has difficulty finding out how much profit she makes from her groceries business. She neither has an idea if she was running at a loss nor making profits coupled with her daily expenditures. Stanz’s case is not any different as he always struggles…
Technology

Mobile device access is highlighted by MTN's 5G rollout.

The launch of the 5G network in Nigeria by MTN has put the spotlight on the need for the deployment of affordable mobile devices that are enabled to use it. Stakeholders in the telecommunications industry in Nigeria gathered on September 18 at MTN’s headquarters to witness the commercial launch of the 5G network in Lagos. MTN is the first telecom operator to launch the network in Nigeria’s…
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FintechTechnology

According to reports, Nigeria's Kuda Bank will lose N6 billion in 2021.

In contrast to the N868 million loss it reported in 2020, Nigerian Microfinance Bank Kuda Bank reported a loss of N6 billion in 2021. Techcabal, a news outlet based in Nigeria that specializes in reporting the IT industry in Africa, broke the initial news on the company’s outcome. Kuda Bank is a poster company for Nigeria’s burgeoning FinTech startups and has garnered widespread attention…
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