Nigerian Startup wins Visa Everywhere Initiative 2022 for Central Europe, Middle East, and Africa Region

Posted on by Staff Reporter | 10548 Views | 8 min read

Technology-driven agricultural start-up, ThriveAgric, has emerged as the winner of the Central Europe, Middle East, and Africa (CEMEA) Visa Everywhere Initiative (VEI), a global innovation program and competition for start-ups and fintech companies. With this win in the CEMEA region, ThriveAgric will receive a monetary prize and a spot in the Global Finale scheduled to

Interswitch and Compass Plus Technologies Partner to ease Payments Across Africa

Posted on by Staff Reporter | 14559 Views | 10 min read

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa. The strategic partnership will see Interswitch utilise TranzAxis, an award-winning, token-based, cloud-native and API first open development payments

Cellulant Recognised as a Leading Payment Platform Solutions Provider in Nigeria for its Tingg Platform

Posted on by Staff Reporter | 10571 Views | 12 min read

The award was presented to Cellulant Nigeria by Communication Week Media Limited, the publisher of Nigeria Communications Week Cellulant (www.Cellulant.io , Africa’s leading payments company, was recognised as the Payment Platform Solutions Provider of the Year in Nigeria at the 13th Beacon of ICT Awards 2022. This award is a recognition of Cellulant’s work in

Bank of Ghana Rolls Out Mobile Wallet – GhanaPay

Posted on by Staff Reporter | 15394 Views | 4 min read

Bank of Ghana’s launch of GhanaPay mobile wallet for banks, savings and loan companies and rural and community banks, marks yet another milestone in digitisation of the financial system. Banks in Ghana are re-inventing themselves and have continued to respond positively to the competitive nature of the payment systems, characterised by increased consumer preferences for

“SMEs Are the Game Changers for Ghana’s Economy’’ – GCB Bank MD

Posted on by Staff Reporter | 12680 Views | 10 min read

The Development Bank Ghana (DBG) was officially launched by President Nana Akufo-Addo on Tuesday 14th June, 2022. The DBG, which received its license from the Bank of Ghana in November last year, will help provide long-term, competitively priced loans to small and medium-sized enterprises in industry sectors that have the potential to transform the economy

MD of GCB Bank Awarded CEO of The Year, Banking

Posted on by Staff Reporter | 14140 Views | 10 min read
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The Managing Director of GCB Bank PLC, Mr Kofi Adomakoh, has been adjudged CEO of the Year, Banking, for 2021. The award was presented to him at the 6th CEO Summit held at the Kempinski Gold Coast City Hotel, Accra, on Monday, May 30 2022, for his sterling performance in the banking sector. The summit

Crossfin takes Stake in VantagePay in Pre-Series A Capital Raise

Posted on by Staff Reporter | 13653 Views | 11 min read

Vantage Africa Limited, trading as “VantagePay”, a payments and technology company, has announced that Crossfin Holdings (Proprietary) Limited (“Crossfin”) has acquired a meaningful stake for an undisclosed sum. Barry Lobel, VantagePay’s CEO and co-founder welcomed Crossfin’s investment. “VantagePay has developed a leading cloud-based payments platform to address the massive latent demand for access to trusted

Carbon Bank Launches the Future of Payments for Africa with Zero Buy Now Pay Later (BNPL)

Posted on by Staff Reporter | 8674 Views | 6 min read

Carbon Zero literally charges ZERO percent interest on all purchases Carbon, a credit led Pan-African digital bank today released Carbon Zero, a buy now, pay later web app which helps customers spread the cost of purchases into interest-free instalments, in-store or online. Since its inception in late 2021, Carbon Zero has generated ₦2.3 billion in

FBNholdings Delivers a Stelar Performance of 99% Growth in FY 2021, Declares N166.7 Billion Profit Before Tax

Posted on by Staff Reporter | 8468 Views | 18 min read

FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its audited results for the financial year ended 31 December 2021. As a financial service holding company, driving synergies remains a critical part of our strategy and has been integrated into every aspect of our delivery model. We pride ourselves in the uniqueness of

Abbey Mortgage Bank Rebounds, Reports N622 Million Profit in 2021

Posted on by Staff Reporter | 7717 Views | 7 min read

Abbey Mortgage Bank Plc has reported an impressive performance for the year 2021. During the year the bank had a rebound in its result, recording a N622 million profit from a loss of N4.3 billion in the previous year.The year 2021 was indeed a positive one for the bank as evident by its improved income,