58% Nigerians Dump Traditional Banks for FinTechs – KPMG
The growth witnessed by some major payment service firms such as Opay, Palmpay and Moniepoint due to the scarcity created by the CBN policy on[more...]
Tag: #fintech
Cyber Fraud: How Fraudsters Stole Over ₦5 Billion From 3 Fintechs
According to a report by Nairametrics, the alarming increase in fraudulent activities reported in financial institutions have been traced to more insider jobs, a situation which[more...]
FG calls for Fintech Advocacy to Sustain Digital Economy
As Financial Technology (FinTech) proved to be a critical element in the advancement of digital economies globally through its enormous contribution to Gross Domestic Products[more...]
Five Fintech Trends And Predictions for Africa in 2023
The fintech industry in Africa is still young, and many foreign investors have classified the region as a “unicorn” investment continent. There has been a[more...]
Global Fintech Funding Drops By 38% in Q3
The total value of investments into fintech companies worldwide dropped by 38 per cent in the third quarter of 2022, according to the State of Fintech[more...]
African Fintech Revenues to Soar to $30.3 Billion – McKinsey Report
According to the report, the COVID-19 pandemic has accelerated trends toward digitalization and created a fertile environment for new technology players. Financial-service revenues in Africa[more...]
Africa’s Fintech Industry Expected to Grow 10% Yearly With Revenues Hitting $230 Billion
African fintech revenues are expected to hit $230 billion by 2025 as industry growth soars 10% annually. The projected growth is driven by several factors,[more...]
Ecobank Offers $50,000 Prize in Fintech Competition
The Ecobank Group has announced the beginning of the 5th Ecobank Fintech Challenge and invited African Fintech entrepreneurs to participate in the event. The competition[more...]
Pan African Digital Initiative Summit to Tackle Security Threats
The Pan African Digital Initiatives Summit and Exhibition www.padise.com.ng, tagged as the most important technology innovation event in 2022, is set to hold Thursday and[more...]
VFD Microfinance Bank MD, Gbenga Omolokun Calls for Collaboration in the FinTech Space
Gbenga Omolokun, Managing Director, VFD Microfinance Bank has emphasis the need to strengthen and deepen collaboration in the Nigerian FinTech space in other to benefit[more...]
