Quidax, the African-founded cryptocurrency exchange, has launched a USD savings feature. With this feature, customers from all over the world will be able to use the tool to save in US dollars from local currencies like Naira or cryptocurrencies like Bitcoin, Ethereum, and many others.
According to the statement that was made on the Quidax Blog, the USD savings function was developed as a direct…
Mara, a Pan-African digital finance ecosystem, has recently gathered over 4,000 digital finance and blockchain enthusiasts across Northern Nigeria to educate them at its first-ever community hangout in the region.
According to the company, this educational hangout is in line…
Eyowo introduces the "e Better Card" panless debit card in collaboration with MasterCard.
September 22, 2022
Eyowo, a leading online bank, announced the launch of a digital first debit card on Tuesday, August 30, 2022.
e announcements took place in the o£ficial launch event at their Headquarters where the card was unveiled. Labeled “ e Better Card”- the Eyowo debit card is…
Bamboo, a Nigerian Fintech, debuts in Ghana to provide access to investments.
September 22, 2022
Bamboo, a Nigerian fintech startup that enables access to investment in stocks from global companies, has announced its launch in Ghana.
In January 2022, the startup announced its Series A round of $15 million. At the time, the company disclosed that it planned to launch in Ghana and already had 50,000 people on its waiting list. The startup also revealed that it had users in Kenya and South…
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…
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…
Nigeria and 10 other nations drive the $230 billion revenue growth in African fintech
September 20, 2022
African fintech companies could see their revenue jump to about $230 billion by 2025 ($150 billion excluding South Africa, which is the largest and most mature market on the continent) according to analysts at McKinsey.
The growth opportunity is likely to be concentrated in 11 big markets including Cameroon, Côte d’Ivoire, Egypt, Ghana, Kenya, Morocco, Nigeria, Senegal, South Africa, Tanzania…
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…
Cellulant ex-employees mends its relationship co-founder, former employees speak out
September 20, 2022
On Tuesday 6 September 2022, Cellulant in a statement signed by Sam Kiruthu, Chairman of the board, said it has absolved Bolaji Akinboro of any misconduct during his time as the company’s CEO following internal investigations.
BusinessDay has spoken exclusively to some…
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…