Untapped Global, an investment company focused on emerging markets, announces a scale up of its partnership with Paga, the mobile payment and financial services company. The program finances point-of-sale devices (POS) for merchants in Nigeria, the largest country in Africa, but still underserved when it comes to financial services. The collaboration between Paga and Untapped
Africa’s first Enterprise Blockchain Infrastructure Services organization signs a long-term strategic partnership agreement with Africa’s first Fintech Unicorn to develop Blockchain-powered Infrastructure Services and Solutions. Interstellar and Interswitch have been working together over the last two years, carrying out blockchain technology research. As part of the partnership, Interstellar’s Blockchain technology stack called STARGATE will be integrated with
New Visa research reveals that 54% of ‘cash only’ merchants have missed business opportunities, with 70% of women-owned businesses expecting eCommerce to expand beyond the pandemic September 23rd, 2021 – As the rate of women entrepreneurs across Sub-Saharan Africa continues to rise, Visa is expanding its global She’s Next initiative to empower women entrepreneurs on
Konga, Nigeria’s leading composite e-commerce giant, has signed a partnership with the Federal Government through the Diaspora Commission to further strengthen the relationship between Nigerians abroad, their relatives and the nation. To this effect, a Memorandum of Understanding was signed between Konga and the Nigerians in Diaspora Commission (NIDCOM) on Tuesday, September 14, 2021 in
As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception to this aggressive drive. The efforts in this regard include building and constantly improving on its product offerings like the FirstMobile, its industry-leading mobile banking app; FirstOnline, the internet banking
Author: Ibrahim Moshood, Associate, Centurion Law Group The new guidelines provide a robust coverage of the MMO value chain from service providers to subscribers and agents Introduction The apex regulator of banking activities in Nigeria has released new guidelines to further regulate the services provided by mobile money operators (MMOs) in Nigeria (“the new guidelines”).
Renewed agreement to cover increase in capacity for card issuance and ATM processing WEMA Bank Plc., one of Nigeria’s oldest financial institutions, has renewed and expanded its long-term business agreement with Network International (https://www.Network.ae/en), the leading enabler of digital commerce across Africa and the Middle East. Building on their long-term relationship, Network International will be
96% of consumers in Nigeria are considering emerging payments such as wearables, biometrics, digital wallets and currencies, and QR code, in addition to Contactless, according to the Mastercard New Payments Index 86% of Nigerian consumers have access to more ways to pay compared to this time last year 78% of consumers in Nigeria say digital
Irish FinTech, Pipit Global Partners with Pan-African Fintech Cellulant to power cheaper and safer means for Africans in the EU and UK to send cash to their families at home in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana According to reports by the BBC, about 8 million Africans live abroad. That number is projected
The collaboration between both companies includes financial support from Visa and will be spread over the five-year partnership period Carbon (ng.getCarbon.co), a pan-African fintech company providing access to basic financial services for Africans, has announced a strategic five-year partnership with Visa, the world leader in digital payments, to offer both digital and physical issuance of
