Globacom and PalmPay have collaborated to launch a new reward scheme for the telecom firm’s customers.
According to the firms, the marketing initiative tagged ‘PalmPay Bonanza: Recharge Glo and Win’ will offer Nigerians who buy Glo data and airtime bundles via the PalmPay platform a chance to win prizes.
They stated that the reward scheme would run from July 21 until September 14…
Weeks after announcing the registration of five fintech companies, the Securities and Exchange Commission has opened the regulatory incubation programme for fintech firms operating or seeking to operate in the Nigerian Capital Market.
This was contained in a circular issued…
Touch and Pay Technologies, a fintech company, has announced that passengers can now pay for interstate travel from Lagos using a mobile app.
According to the firm, using its Cowry app, passengers can now pay formal and informal interstate travel operators within the…
Fintech industry leader, Interswitch unveils future plans as it celebrates 20 years of success
September 8, 2022
Fintech industry leader, Interswitch, met with members of the media as they commemorated their 20th anniversary on Tuesday, August 30, 2022.
Present at the media parley was Mitchell Elegbe, Group Managing Director & CEO, Interswitch; Akeem Lawal, Managing Director, Payment Processing and Switching, Interswitch; Chinyere Don Okhuofu, Managing Director, Industry Ecosystems, Interswitch; Jonah…
Nigeria’s Grey raises $2M for cross-border payments play and regional expansion
August 29, 2022
The availability of digital overseas financial institution accounts has turn into a standard technique for fintechs to allow Nigerians and Africans to facilitate worldwide transfers. Within the newest improvement, Grey, a fintech on this class that gives digital worldwide…
Kwaba, a Nigerian fintech firm that helps low and middle-income earners divide their annual rent into manageable monthly instalments, has received pre-seed capital to help it expand across Nigeria and Africa.
Kwaba, which was founded by Obinna Molokwu in January 2020 and is…
Multigate.io, a Nigerian financial technology firm formed in 2017, leads the future of FinTech and cross-border payments from the continent by providing immediate cross-border funds transfer and enhanced treasury and cash management to businesses and individuals within and outside of Africa.
The company focuses on providing simple solutions to solve the complicated payment and cash management…
Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports.
The strategic investment came from LeapFrog Investment and Tana Africa Capital, which will work with Interswitch…
Ahead of the launch of its payment service bank (PSB), MTN Nigeria says it has seen the number of active subscribers on its fintech platform rise by 6.2 million to 10.7 million people year-on-year.
The telecommunication company (telco) said it added 1.3 million fintech…
Aladdin Scheme Ltd, the leading Ecosystem Digital bank in Nigeria has announced its successful closing of a debt-financing deal up to $3.5 million. This debt-financing will power its digital lending products in order to provide a wide range of loan options including; Nano, micro , salary , auto , SME loans et cetera.
It has successfully launched its nano loans and microloans product last week and…