Brands & PeopleFintech

Glo, fintech reward customers

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…
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SEC opens portal for fintech operators

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…

Fintech industry leader, Interswitch unveils future plans as it celebrates 20 years of success

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…
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Nigerian Fintech Leads Payment Service In Africa, 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…
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Brands & PeopleStartups

Nigeria Fintech Interswitch raises $110m

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…

Aladdin Digital Bank, Closes a Debt-Financing Deal Up to $3.5 Million

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…
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