Alain Nkontchou, Ecobank Group Chairman, thanked Ade for his immense contribution during his seven years at the helm of the Ecobank Group as Group CEO Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group (www.Ecobank.com), today announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age
RapidCollect™ caters for the needs of business customers across Africa, as the continent is at a unique point in its history With only one account, business customers can receive funds instantly from their clients in their home country and across Ecobank’s (www.Ecobank.com) pan-African network; Ecobank business customers can now make instant automated reconciliation leveraging Ecobank’s
As one of the first partner in Nigeria to join Mastercard’s Digital First Card Program, Eyowo delivers best-in-class digital banking experience to customers The Better Card is a numberless Mastercard debit card, which gives cardholders access to safer and more secure payments Today’s generation do everything from ordering meals to scheduling doctor’s appointments on their
The fintech has gained significant traction with its payment’s app and nationwide agency banking network PalmPay (https://PalmPay.com/), a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer
The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign payment process Grey (https://Grey.co), a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers
Anchor is launching its public beta API infrastructure to make it easier for African businesses to build, embed and launch financial products Anchor (https://getAnchor.co/), a banking-as-a-service (BaaS) platform making it possible to seamlessly build financial products in Africa announces its public beta launch. The startup was also accepted into Y Combinator Summer 2022 Batch as
According to the NIBSS (Nigeria Inter-Bank Settlement System), the total number of fraud attempts in Nigeria has grown by 186% from 2019 to 2020 PalmPay, a fintech innovator aims to make digital payment more accessible and flexible, announces the launch of Wallet Safe Workshop, a monthly campaign for payment security awareness training to help customers
GCB Bank was adjudged the Premium Ghanaian-owned Bank of the year 2021 at the 6th Global Business Quality Awards ceremony held at the Movenpick Ambassador Hotel in Accra. G-Money, the Bank’s subsidiary with over 2.4 million subscribers was also awarded the Most Promising Mobile Money Brand of the Year Award 2021. The awards, organized by
Network International’s offering includes acquiring and processing services, and an ever-evolving range of value-added services The company, which operates across Africa and the Middle East, has seen financial outcomes that reflect solid trading and strategic delivery, driving strong cashflow generation; Figures include new financial institution wins and merchant signups; accelerated transaction growth; cross-selling and launching
Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide. Notable additional countries supported by Paysend include: Antigua and
